Lifeway Foods, Inc. 8-K

What Happened
Lifeway Foods, Inc. announced on an 8‑K (filed March 11, 2026) that its Compensation Committee approved, on March 6, 2026, the forms of notice to be used under the company’s 2022 Omnibus Incentive Plan for two types of deferred cash awards: a Time‑Vested Cash Award and a Performance‑Based Cash Award. The approved notice forms are attached to the filing as Exhibits 10.1 and 10.2 and are incorporated by reference.

Key Details

• Approval date: March 6, 2026 (reported on Form 8‑K filed March 11, 2026).
• Plan: 2022 Omnibus Incentive Plan.
• Documents approved: Form of Notice of Deferred Time‑Vested Cash Award (Exhibit 10.1) and Form of Notice of Deferred Performance‑Based Cash Award (Exhibit 10.2).
• Filing type: Item 5.02 disclosure (Compensation Committee action); exhibits included with the 8‑K.

Why It Matters
These approved notice forms set the procedural framework Lifeway will use to grant deferred cash compensation tied to time vesting or performance conditions. For investors, this is a governance and compensation update: it indicates the company has formalized how certain future incentive payments may be awarded and deferred, which can affect executive and employee pay structures and the timing of cash outflows when awards are granted and paid. The filing does not report any departures, new director elections, or specific award grants or dollar amounts.