SMOLYANSKY EDWARD 4
4 · Lifeway Foods, Inc. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Lifeway Foods (LWAY) 10% Owner Edward Smolyansky Sells 14,353 Shares
What Happened
Edward Smolyansky, a reported 10% owner of Lifeway Foods, sold 14,353 shares in an open-market transaction on March 19, 2026. The sale was reported at a weighted average price of $17.77 per share, resulting in proceeds of approximately $255,053. This was a sale (not a purchase or option exercise) and is typically treated as routine insider liquidity rather than a direct bullish signal.
Key Details
- Transaction date: 2026-03-19 (filed the same day). Transaction type: Open-market sale (code S).
- Shares sold: 14,353; weighted-average price reported: $17.77; total proceeds ≈ $255,053.
- Price range: Shares were sold in multiple trades at prices between $17.50 and $18.41 (footnote F1).
- Shares owned after transaction: Not specified in the provided filing.
- Beneficial ownership notes: Shares may be held via the Edward Smolyansky Trust (F2); the reporting person disclaims beneficial ownership of shares owned by his son (F3); some shares are held by Smolyansky Holding LLC with a disclaimer except for pecuniary interest (F4).
- Filing timeliness: Reported and filed on the transaction date (timely).
Context
As a 10% owner and trustee, Smolyansky’s sale represents an insider liquidity event by a significant shareholder rather than an executive compensation-related transaction. The filing’s F1 footnote states the reporting person can provide a breakdown of how many shares were sold at each price within the reported range upon request. Sales do not necessarily reflect a change in the company’s outlook; retail investors often weigh purchases more heavily as potential confidence signals.
Insider Transaction Report
- Sale
Common Stock, no par value
[F1]2026-03-19$17.77/sh−14,353$255,053→ 1,101,642 total
- 1,233,333(indirect: See footnote)
Common Stock, no par value
[F2] - 100,000(indirect: By son)
Common Stock, no par value
[F3] - 500,000(indirect: See footnote)
Common Stock, no par value
[F4]
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $17.50 and $18.41, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Beneficially held by the Edward Smolyansky Trust 2/2/16, of which the reporting person is the trustee.
- [F3]The reporting person disclaims beneficial ownership of the shares owned by his son.
- [F4]Held by Smolyansky Holding LLC. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.