LWAY · Lifeway Foods, Inc.

Lifeway Foods, Inc. produces and markets probiotic-based products in North America. The company's primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and milk types. It offers European-style soft cheeses, including farmer and white cheeses, and sweet kiss; cream and other products; drinkable yogurt; ProBugs, a line of kefir products designed for children; and Fresh Made butter and sour cream. The company sells its products under the Lifeway, Fresh Made, and GlenOaks Farms brand names, as well as under private labels on behalf of customers primarily through direct sales force, brokers, and distributors. Lifeway Foods, Inc. was incorporated in 1986 and is based in Morton Grove, Illinois.

Cap structure and valuation

Cap structure
SP	$21.21
SO	15.1M
Options	0.0M
Warrants	0.0M
FD SO	15.1M
MC	$320.4M

Cash	$7.1M
Total debt	$22.1M
EV	$335.4M

TTM Multiples
EV / Revenue	1.4x
EV / EBITDA	16.8x
MC / Net Income	29.5x
EV / FCF	—
MC / FCF	—

Ownership & coverage
Institutional	56.6%
Insiders	39.2%
# Institutions	139
Analysts	3
Consensus	—
Avg target	$33.00

Short % float	8.4%
Days to cover	4.03

MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-08-07. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-10-07 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-09-15; the float denominator can be unreliable on tiny floats.

Financial statements

	6/30/26	3/31/26	12/31/25	9/30/25
Total Revenue	66.89	63.01	55.36	57.14
Revenue YoY %	24.1%	36.7%	18.0%	24.0%
Cost of Revenue	53.87	45.66	40.00	40.73
Gross Profit	13.03	17.35	15.36	16.41
Gross Profit YoY %	(15.4%)	57.2%	29.1%	38.3%
Gross Margin %	19.5%	27.5%	27.8%	28.7%

SG&A	12.29	10.89	11.46	11.23
Operating Expense	12.43	11.03	11.60	11.37

Operating Income	0.60	6.33	3.76	5.04
Operating Income YoY %	(89.6%)	301.8%	427.8%	20.3%
Operating Margin %	0.9%	10.0%	6.8%	8.8%
EBITDA	1.74	7.38	4.79	6.09
EBITDA Margin %	2.6%	11.7%	8.7%	10.7%

Interest Expense	0.21	0.07	0.02	0.02
Pretax Income	0.41	6.26	3.72	5.09
Tax Provision	0.28	1.58	1.18	1.56
Net Income	0.13	4.67	2.54	3.53
Net Margin %	0.2%	7.4%	4.6%	6.2%

Diluted EPS	$0.01	$0.30	$0.15	$0.23
Basic EPS	$0.01	$0.31	$0.16	$0.23
Diluted Avg Shares	15.3	15.6	—	15.4
Basic Avg Shares	15.2	15.3	—	15.2

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Total Revenue	242.41	212.50	186.82	160.12	141.57
Revenue YoY %	14.1%	13.7%	16.7%	13.1%	—
Cost of Revenue	180.26	154.29	138.25	117.68	114.78
Gross Profit	62.15	58.21	48.57	42.44	26.79
Gross Profit YoY %	6.8%	19.8%	14.5%	58.4%	—
Gross Margin %	25.6%	27.4%	26.0%	26.5%	18.9%

SG&A	45.88	41.49	34.18	24.91	23.90
Operating Expense	46.42	42.03	34.72	25.45	24.44

Operating Income	15.73	16.17	13.85	17.00	2.35
Operating Income YoY %	(2.7%)	16.7%	(18.5%)	623.5%	—
Operating Margin %	6.5%	7.6%	7.4%	10.6%	1.7%
EBITDA	20.00	20.15	17.24	20.16	5.32
EBITDA Margin %	8.3%	9.5%	9.2%	12.6%	3.8%

Interest Expense	0.33	0.08	0.10	0.38	0.27
Other Income / (Expense)	—	3.59	—	—	—
Pretax Income	15.47	19.69	13.97	16.65	1.84
Tax Provision	4.60	5.83	4.94	5.28	0.92
Net Income	10.87	13.86	9.03	11.37	0.92
Net Margin %	4.5%	6.5%	4.8%	7.1%	0.7%

Diluted EPS	$0.69	$0.89	$0.60	$0.75	$0.06
Basic EPS	$0.71	$0.91	$0.61	$0.77	$0.06
Diluted Avg Shares	15.3	15.5	15.1	15.1	15.7
Basic Avg Shares	15.2	15.2	14.8	14.7	15.4

	6/30/26	3/31/26	12/31/25	9/30/25
Cash & Equivalents	7.09	5.60	5.57	22.99
Receivables	22.86	22.98	16.64	17.42
Inventory	13.99	11.45	11.89	11.06
Other Current Assets	3.25	2.63	2.95	2.34
Total Current Assets	47.19	42.67	37.06	53.81

Net PPE	65.60	57.84	48.28	36.42
Operating Lease ROU	0.52	0.55	0.47	0.36
Goodwill	11.70	11.70	11.70	11.70
Intangible Assets	5.55	5.68	5.82	5.95
Other Assets	1.84	2.05	2.29	1.28
Total Assets	132.40	120.50	105.61	109.53

Accounts Payable	17.48	13.85	11.01	17.50
Current Lease Liabilities	0.13	0.13	0.11	—
Other Current Liabilities	4.92	5.98	5.53	5.91
Total Current Liabilities	22.53	19.95	16.64	23.41
Long-term Lease Liabilities	0.39	0.43	0.36	0.29
Other Liabilities	24.90	9.80	2.79	3.06
Total Liabilities	47.83	30.18	19.79	26.76

Retained Earnings	93.48	93.36	88.68	86.14
Total Equity	84.57	90.32	85.82	82.76

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Cash & Equivalents	7.09	5.57	16.73	13.20	4.44
Receivables	22.86	16.64	15.42	13.88	11.41
Inventory	13.99	11.89	8.68	9.10	9.63
Other Current Assets	3.25	2.95	2.77	2.02	1.49
Total Current Assets	47.19	37.06	43.60	38.20	26.98

Net PPE	65.60	48.28	26.86	22.76	20.91
Operating Lease ROU	0.52	0.47	0.12	0.19	0.17
Goodwill	11.70	11.70	11.70	11.70	11.70
Intangible Assets	5.55	5.82	6.36	6.90	7.44
Other Assets	1.84	2.29	1.90	1.90	1.80
Total Assets	132.40	105.61	90.55	81.65	69.00

Accounts Payable	17.48	11.01	10.40	9.98	7.98
Current Debt	—	—	—	—	1.25
Current Lease Liabilities	0.13	0.11	—	0.07	—
Other Current Liabilities	4.92	5.53	5.10	6.57	3.81
Total Current Liabilities	22.53	16.64	15.50	16.62	13.04
Long-term Debt	—	—	—	2.75	2.48
Long-term Lease Liabilities	0.39	0.36	0.07	0.12	0.10
Other Liabilities	24.90	2.79	3.06	1.73	5.81
Total Liabilities	47.83	19.79	18.64	21.22	21.43

Retained Earnings	93.48	88.68	74.82	65.80	54.43
Total Equity	84.57	85.82	71.91	60.44	47.57

	6/30/26	3/31/26	12/31/25	9/30/25
Net Income	0.13	4.67	2.54	3.53
D&A	1.14	1.05	1.03	1.05
Stock-Based Comp	0.54	0.55	0.48	0.54
Δ Working Cap & Other	(2.14)	(1.90)	(3.78)	1.80
Operating Cash Flow	(0.34)	4.38	0.27	6.92

CapEx	(8.46)	(11.04)	(17.69)	(5.15)
Investing Cash Flow	(8.24)	(11.04)	(17.69)	(5.15)

Stock Buyback	(4.94)	—	—	—
Other Financing	15.00	6.70	—	—
Financing Cash Flow	10.06	6.70	0.00	0.00

Free Cash Flow	(8.80)	(6.66)	(17.42)	1.77

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Net Income	10.87	13.86	9.03	11.37	0.92
D&A	4.27	3.98	3.39	3.16	2.97
Stock-Based Comp	2.10	1.95	2.45	1.50	1.11
Δ Working Cap & Other	(6.02)	(8.84)	(1.90)	0.92	(1.02)
Operating Cash Flow	11.22	10.95	12.96	16.94	3.99

CapEx	(42.34)	(27.36)	(6.70)	(4.35)	(3.45)
Acquisitions	—	—	—	0.00	(0.58)
Other Investing	—	5.32	—	—	—
Investing Cash Flow	(42.12)	(22.04)	(6.68)	(4.41)	(4.03)

Stock Buyback	—	—	—	0.00	(4.00)
Other Financing	16.76	—	(2.75)	(3.78)	(0.75)
Financing Cash Flow	16.76	(0.07)	(2.75)	(3.78)	(4.75)

Free Cash Flow	(31.11)	(16.41)	6.26	12.59	0.54

	6/30/26	3/31/26	12/31/25	9/30/25
Current Ratio	2.09	2.14	2.23	2.30
Quick Ratio	1.47	1.56	1.51	1.83
Debt / Equity	—	—	—	—
EBITDA Margin %	2.6%	11.7%	8.7%	10.7%
Working Capital	24.66	22.72	20.42	30.39
Net Debt	—	—	—	—
ROE %	0.2%	5.2%	3.0%	4.3%
ROA %	0.1%	3.9%	2.4%	3.2%

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Current Ratio	2.09	2.23	2.81	2.30	2.07
Quick Ratio	1.47	1.51	2.25	1.75	1.33
Debt / Equity	—	—	—	—	0.08
EBITDA Margin %	8.3%	9.5%	9.2%	12.6%	3.8%
Working Capital	24.66	20.42	28.10	21.58	13.94
Net Debt	—	—	—	—	(0.72)
ROE %	12.9%	16.1%	12.6%	18.8%	1.9%
ROA %	8.2%	13.1%	10.0%	13.9%	1.3%

Insider activity (last 2 years)

Date Filed	Reporter	Relationship	Trans. Date	Code	Shares	Price	Total Value
2026-10-06	Divisadero Street Capital Management, LP	10% Owner	2026-10-06	P	50,000	$20.80	$1,040,190
2026-10-06	Divisadero Street Capital Management, LP	10% Owner	2026-10-05	P	36,202	$21.01	$760,535
2026-10-06	Divisadero Street Capital Management, LP	10% Owner	2026-10-02	P	17,482	$21.09	$368,669
2026-10-01	Chartier Kirk	Director	2026-09-30	A	782	—	$0
2026-10-01	Dalto Juan Carlos	Director	2026-09-30	A	708	—	$0
2026-10-01	Harris Andee	Director	2026-09-30	A	797	—	$0
2026-10-01	SCHER JASON SCOTT	Director	2026-09-30	A	1,166	—	$0
2026-09-02	Dalto Juan Carlos	Director	2026-08-31	M	(1,550)	—	$-0
2026-09-02	Dalto Juan Carlos	Director	2026-08-31	M	1,550	—	$0
2026-09-02	McWhorter Dorri	Director	2026-08-31	M	1,550	—	$0
2026-09-02	McWhorter Dorri	Director	2026-08-31	M	(1,550)	—	$-0
2026-09-02	SCHER JASON SCOTT	Director	2026-08-31	M	(1,550)	—	$-0
2026-09-02	SCHER JASON SCOTT	Director	2026-08-31	M	1,550	—	$0
2026-08-19	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-08-19	P	2,000	$25.26	$50,520
2026-08-17	Divisadero Street Capital Management, LP	10% Owner	2026-08-17	P	35,952	$24.78	$890,923
2026-08-17	Divisadero Street Capital Management, LP	10% Owner	2026-08-14	P	15,000	$24.69	$370,352
2026-08-17	Divisadero Street Capital Management, LP	10% Owner	2026-08-13	P	195,616	$24.87	$4,865,537
2026-08-14	SMOLYANSKY EDWARD	10% Owner	2026-08-14	S	(29,931)	$24.89	-$744,983
2026-08-14	SMOLYANSKY EDWARD	10% Owner	2026-08-14	S	(45,038)	$25.82	-$1,162,881
2026-08-14	SMOLYANSKY EDWARD	10% Owner	2026-08-14	S	(31)	$26.50	-$822
2026-08-14	SMOLYANSKY EDWARD	10% Owner	2026-08-12	S	(35,000)	$28.74	-$1,005,900
2026-07-23	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2026-07-22	S	(60,000)	$30.55	-$1,833,000
2026-07-23	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2026-07-22	S	(40,000)	$29.46	-$1,178,400
2026-07-16	SMOLYANSKY EDWARD	10% Owner	2026-07-15	S	(24,653)	$31.51	-$776,816
2026-07-16	SMOLYANSKY EDWARD	10% Owner	2026-07-15	S	(42,263)	$32.32	-$1,365,940
2026-07-09	SMOLYANSKY EDWARD	10% Owner	2026-07-07	S	(39,098)	$29.41	-$1,149,872
2026-07-09	SMOLYANSKY EDWARD	10% Owner	2026-07-06	S	(7,984)	$29.79	-$237,843
2026-07-02	Harris Andee	Director	2026-07-01	A	2,038	—	$0
2026-07-02	Chartier Kirk	Director	2026-07-01	A	2,038	—	$0
2026-07-02	Hultquist Susan	Director	2026-07-01	A	2,038	—	$0
2026-07-02	McWhorter Dorri	Director	2026-07-01	M	1,356	—	$0
2026-07-02	McWhorter Dorri	Director	2026-07-01	M	(1,356)	—	$-0
2026-07-02	McWhorter Dorri	Director	2026-07-01	A	2,038	—	$0
2026-07-02	Drori Rachel	Director	2026-07-01	A	2,038	—	$0
2026-07-02	Dalto Juan Carlos	Director	2026-07-01	M	(1,356)	—	$-0
2026-07-02	Dalto Juan Carlos	Director	2026-07-01	A	2,038	—	$0
2026-07-02	Dalto Juan Carlos	Director	2026-07-01	M	1,356	—	$0
2026-07-02	SCHER JASON SCOTT	Director	2026-07-01	M	(1,356)	—	$-0
2026-07-02	SCHER JASON SCOTT	Director	2026-07-01	A	2,038	—	$0
2026-07-02	SCHER JASON SCOTT	Director	2026-07-01	M	1,356	—	$0
2026-07-02	SMOLYANSKY EDWARD	10% Owner	2026-06-30	S	(50,000)	$29.56	-$1,478,000
2026-07-02	SMOLYANSKY EDWARD	10% Owner	2026-06-30	S	(50,000)	$29.56	-$1,478,000
2026-07-02	Harris Andee	Director	2026-06-30	A	566	—	$0
2026-07-02	Chartier Kirk	Director	2026-06-30	A	556	—	$0
2026-07-02	Dalto Juan Carlos	Director	2026-06-30	A	503	—	$0
2026-07-02	SCHER JASON SCOTT	Director	2026-06-30	A	828	—	$0
2026-07-02	SMOLYANSKY EDWARD	10% Owner	2026-06-29	S	(14,542)	$30.12	-$438,005
2026-07-02	SMOLYANSKY EDWARD	10% Owner	2026-06-29	S	14,542	$30.12	$438,005
2026-07-02	SMOLYANSKY EDWARD	10% Owner	2026-06-26	S	(55,754)	$28.64	-$1,596,795
2026-07-02	SMOLYANSKY EDWARD	10% Owner	2026-06-26	S	(55,794)	$29.87	-$1,666,567
2026-07-02	SMOLYANSKY EDWARD	10% Owner	2026-06-26	S	(55,754)	$28.64	-$1,596,795
2026-07-02	SMOLYANSKY EDWARD	10% Owner	2026-06-26	S	(55,794)	$29.87	-$1,666,567
2026-06-26	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2026-06-25	S	(45,616)	$29.65	-$1,352,514
2026-06-26	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2026-06-24	S	(40,000)	$30.12	-$1,204,800
2026-06-26	SMOLYANSKY EDWARD	10% Owner	2026-06-24	S	(36,659)	$29.82	-$1,093,171
2026-06-26	SMOLYANSKY EDWARD	10% Owner	2026-06-24	S	(1,793)	$30.52	-$54,722
2026-06-22	SMOLYANSKY EDWARD	10% Owner	2026-06-22	S	(50,000)	$26.20	-$1,310,000
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-17	M	6,070	—	$0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-17	M	3,397	—	$0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-17	F	(4,012)	$25.00	-$100,300
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-17	M	486	—	$0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-17	M	340	—	$0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-17	F	(239)	$25.00	-$5,975
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-17	M	(6,070)	—	$-0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-17	M	(3,397)	—	$-0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-17	M	(486)	—	$-0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-17	M	(340)	—	$-0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-16	M	12,111	—	$0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-16	M	108,426	—	$0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-16	F	(53,215)	$24.79	-$1,319,200
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-16	M	(12,111)	—	$-0
2026-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-06-16	M	(108,426)	—	$-0
2026-06-18	Hanson Eric A	Officer (CFO)	2026-06-16	A	2,390	—	$0
2026-06-18	Hanson Eric A	Officer (CFO)	2026-06-16	F	(994)	$24.79	-$24,641
2026-06-18	Hanson Eric A	Officer (CFO)	2026-06-16	M	(2,390)	—	$-0
2026-06-11	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2026-06-10	S	(20,000)	$24.02	-$480,400
2026-05-20	Danone S.A.	10% Owner	2026-05-14	S	(3,454,756)	$19.50	-$67,367,742
2026-05-19	Zolezzi William	10% Owner	2026-05-15	P	33,174	$25.27	$838,290
2026-05-19	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2026-05-15	S	(20,000)	$24.64	-$492,800
2026-05-19	Zolezzi William	10% Owner	2026-05-14	P	95,371	$25.24	$2,406,830
2026-05-19	Zolezzi William	10% Owner	2026-05-14	P	1,500	$22.98	$34,469
2026-05-19	Zolezzi William	10% Owner	2026-05-14	P	35,000	$26.33	$921,378
2026-05-18	Divisadero Street Capital Management, LP	10% Owner	2026-05-15	P	33,174	$25.27	$838,290
2026-05-18	SMOLYANSKY EDWARD	10% Owner	2026-05-15	S	(11,388)	$24.21	-$275,703
2026-05-18	SMOLYANSKY EDWARD	10% Owner	2026-05-15	S	(12,612)	$25.46	-$321,102
2026-05-18	Divisadero Street Capital Management, LP	10% Owner	2026-05-14	P	95,371	$25.24	$2,406,830
2026-05-18	Divisadero Street Capital Management, LP	10% Owner	2026-05-14	P	1,500	$22.98	$34,469
2026-05-18	Divisadero Street Capital Management, LP	10% Owner	2026-05-14	P	35,000	$26.33	$921,378
2026-05-18	SMOLYANSKY EDWARD	10% Owner	2026-05-14	S	(22,818)	$25.25	-$576,154
2026-05-18	SMOLYANSKY EDWARD	10% Owner	2026-05-14	S	(2,182)	$26.28	-$57,343
2026-04-22	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2026-04-20	S	(15,000)	$26.50	-$397,500
2026-04-02	Dalto Juan Carlos	Director	2026-03-31	A	776	—	$0
2026-04-02	Chartier Kirk	Director	2026-03-31	A	857	—	$0
2026-04-02	Harris Andee	Director	2026-03-31	A	873	—	$0
2026-04-02	SCHER JASON SCOTT	Director	2026-01-10	A	1,277	—	$0
2026-03-31	Hanson Eric A	Officer (CFO)	2026-03-28	A	743	—	$0
2026-03-31	Hanson Eric A	Officer (CFO)	2026-03-28	F	(285)	$18.30	-$5,216
2026-03-31	Hanson Eric A	Officer (CFO)	2026-03-28	M	(743)	—	$-0
2026-03-19	SMOLYANSKY EDWARD	10% Owner	2026-03-19	S	(14,353)	$17.77	-$255,053
2026-03-19	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2026-03-18	S	(10,000)	$18.74	-$187,400
2026-03-18	SMOLYANSKY EDWARD	10% Owner	2026-03-17	S	(22,313)	$20.10	-$448,491
2026-03-18	SMOLYANSKY EDWARD	10% Owner	2026-03-16	S	(13,334)	$20.60	-$274,680
2026-03-10	Hanson Eric A	Officer (CFO)	2026-03-06	A	21,396	—	$0
2026-03-10	Hanson Eric A	Officer (CFO)	2026-03-06	F	(8,024)	$21.50	-$172,516
2026-03-10	Hanson Eric A	Officer (CFO)	2026-03-06	A	2,672	—	$0
2026-03-10	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-03-06	M	13,334	—	$0
2026-03-10	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-03-06	D	(13,334)	$21.50	-$286,681
2026-03-10	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-03-06	M	(13,334)	—	$-0
2026-03-10	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2026-03-06	A	108,426	—	$0
2026-01-13	Hanson Eric A	Officer (CFO)	2026-01-10	M	3,751	—	$0
2026-01-13	Hanson Eric A	Officer (CFO)	2026-01-10	F	(1,720)	$22.78	-$39,182
2026-01-13	Hanson Eric A	Officer (CFO)	2026-01-10	M	(1,263)	—	$-0
2026-01-13	Hanson Eric A	Officer (CFO)	2026-01-10	M	(2,488)	—	$-0
2026-01-12	McWhorter Dorri	Director	2026-01-10	M	3,151	—	$0
2026-01-12	McWhorter Dorri	Director	2026-01-10	M	(1,600)	—	$-0
2026-01-12	McWhorter Dorri	Director	2026-01-10	M	(1,551)	—	$-0
2026-01-12	Dalto Juan Carlos	Director	2026-01-10	M	(1,600)	—	$-0
2026-01-12	Dalto Juan Carlos	Director	2026-01-10	M	(1,551)	—	$-0
2026-01-12	Dalto Juan Carlos	Director	2026-01-10	A	3,151	—	$0
2026-01-12	SCHER JASON SCOTT	Director	2026-01-10	M	(1,600)	—	$-0
2026-01-12	SCHER JASON SCOTT	Director	2026-01-10	M	(1,551)	—	$-0
2026-01-12	SCHER JASON SCOTT	Director	2026-01-10	A	3,151	—	$0
2026-01-05	Dalto Juan Carlos	Director	2025-12-31	A	620	—	$0
2026-01-05	SCHER JASON SCOTT	Director	2025-12-31	A	1,094	—	$0
2025-12-31	McWhorter Dorri	Director	2025-12-30	A	2,512	—	$0
2025-12-31	Harris Andee	Director	2025-12-30	A	2,512	—	$0
2025-12-31	SCHER JASON SCOTT	Director	2025-12-30	A	2,512	—	$0
2025-12-31	Chartier Kirk	Director	2025-12-30	A	2,512	—	$0
2025-12-31	Hultquist Susan	Director	2025-12-30	A	2,512	—	$0
2025-12-31	Drori Rachel	Director	2025-12-30	A	2,512	—	$0
2025-12-31	Dalto Juan Carlos	Director	2025-12-30	A	2,512	—	$0
2025-12-29	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-12-23	S	(16,431)	$23.97	-$393,851
2025-12-29	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-12-23	S	(10,000)	$25.15	-$251,500
2025-12-12	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-12-10	S	(20,000)	$23.17	-$463,400
2025-12-10	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-12-09	S	(13,569)	$23.41	-$317,650
2025-12-10	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-12-08	S	(15,000)	$23.56	-$353,400
2025-10-09	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-10-08	S	(10,000)	$26.44	-$264,400
2025-10-09	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-10-07	S	(5,000)	$26.32	-$131,600
2025-10-03	SMOLYANSKY EDWARD	10% Owner	2025-10-01	S	(24,813)	$25.52	-$633,228
2025-10-03	SMOLYANSKY EDWARD	10% Owner	2025-10-01	S	(58,830)	$26.07	-$1,533,698
2025-10-02	SCHER JASON SCOTT	Director	2025-09-30	A	955	—	$0
2025-10-02	Dalto Juan Carlos	Director	2025-09-30	A	541	—	$0
2025-09-25	SMOLYANSKY EDWARD	10% Owner	2025-09-24	S	(10,000)	$26.69	-$266,900
2025-09-25	SMOLYANSKY EDWARD	10% Owner	2025-09-23	S	(6,357)	$26.53	-$168,651
2025-07-01	Dalto Juan Carlos	Director	2025-07-01	M	(1,356)	—	$-0
2025-07-01	Dalto Juan Carlos	Director	2025-07-01	M	1,356	—	$0
2025-07-01	SCHER JASON SCOTT	Director	2025-07-01	M	(1,356)	—	$-0
2025-07-01	SCHER JASON SCOTT	Director	2025-07-01	M	1,356	—	$0
2025-07-01	SIKAR POL	Director	2025-07-01	M	1,356	—	$0
2025-07-01	SIKAR POL	Director	2025-07-01	M	(1,356)	—	$-0
2025-07-01	LEVY JODY	Director	2025-07-01	M	1,356	—	$0
2025-07-01	LEVY JODY	Director	2025-07-01	M	(1,356)	—	$-0
2025-07-01	McWhorter Dorri	Director	2025-07-01	M	1,356	—	$0
2025-07-01	Sanchez Perfecto	Director	2025-07-01	M	1,356	—	$0
2025-07-01	Sanchez Perfecto	Director	2025-07-01	M	(1,356)	—	$-0
2025-07-01	Dalto Juan Carlos	Director	2025-06-30	A	457	—	$0
2025-07-01	SCHER JASON SCOTT	Director	2025-06-30	A	923	—	$0
2025-06-30	SCHER JASON SCOTT	Director	2025-06-27	S	(16,366)	$24.24	-$396,712
2025-06-30	SCHER JASON SCOTT	Director	2025-06-26	S	(8,200)	$24.22	-$198,604
2025-06-18	Hanson Eric A	Officer (CFO)	2025-06-16	M	2,390	—	$0
2025-06-18	Hanson Eric A	Officer (CFO)	2025-06-16	F	(979)	$25.08	-$24,553
2025-06-18	Hanson Eric A	Officer (CFO)	2025-06-16	M	(2,390)	—	$-0
2025-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-06-16	M	12,113	—	$0
2025-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-06-16	F	(5,278)	$25.08	-$132,372
2025-06-18	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-06-16	M	(12,113)	—	$-0
2025-05-22	SIKAR POL	Director	2025-05-22	S	(800)	$22.80	-$18,240
2025-05-22	SIKAR POL	Director	2025-05-21	S	(200)	$22.83	-$4,566
2025-05-22	SIKAR POL	Director	2025-05-20	S	(3,000)	$22.35	-$67,050
2025-05-20	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-05-19	S	(50,000)	$22.07	-$1,103,500
2025-05-05	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-05-05	S	(7,482)	$23.50	-$175,827
2025-05-05	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-05-01	S	(30,000)	$23.87	-$716,100
2025-05-01	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-04-30	S	(10,957)	$23.81	-$260,886
2025-05-01	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-04-29	S	(9,561)	$23.73	-$226,883
2025-04-21	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-04-17	S	(17,948)	$23.92	-$429,316
2025-04-16	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-04-15	S	(8,676)	$23.88	-$207,183
2025-04-16	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-04-14	S	(8,376)	$23.62	-$197,841
2025-04-14	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-04-11	S	(15,000)	$23.38	-$350,700
2025-04-14	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-04-10	S	(10,000)	$23.51	-$235,100
2025-04-02	SCHER JASON SCOTT	Director	2025-03-31	A	931	—	$0
2025-04-02	Dalto Juan Carlos	Director	2025-03-31	A	461	—	$0
2025-04-02	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-03-28	A	10,191	—	$0
2025-04-02	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-03-28	A	1,019	—	$0
2025-04-01	Hanson Eric A	Officer (CFO)	2025-03-28	A	2,228	—	$0
2025-04-01	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-03-28	A	10,191	—	$0
2025-03-19	SMOLYANSKY EDWARD	10% Owner	2025-03-18	S	(20,000)	$23.23	-$464,600
2025-03-11	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-03-07	A	119,292	—	$0
2025-03-11	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-03-07	F	(52,742)	$21.20	-$1,118,130
2025-03-11	Hanson Eric A	Officer (CFO)	2025-03-07	A	22,267	—	$0
2025-03-11	Hanson Eric A	Officer (CFO)	2025-03-07	F	(9,769)	$21.20	-$207,103
2025-02-14	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-02-11	S	(10,000)	$21.31	-$213,100
2025-01-17	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-01-17	S	(12,034)	$22.55	-$271,367
2025-01-17	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-01-16	S	(7,692)	$22.57	-$173,608
2025-01-17	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-01-15	S	(10,000)	$22.67	-$226,700
2025-01-15	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-01-13	S	(20,000)	$22.12	-$442,400
2025-01-15	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-01-13	S	(10,000)	$22.48	-$224,800
2025-01-14	Hanson Eric A	Officer (CFO)	2025-01-10	M	1,263	—	$0
2025-01-14	Hanson Eric A	Officer (CFO)	2025-01-10	F	(538)	$22.45	-$12,078
2025-01-14	Hanson Eric A	Officer (CFO)	2025-01-10	M	(1,263)	—	$-0
2025-01-14	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-01-10	M	6,070	—	$0
2025-01-14	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-01-10	M	486	—	$0
2025-01-14	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-01-10	M	(6,070)	—	$-0
2025-01-14	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2025-01-10	M	(486)	—	$-0
2025-01-14	Feldman Amy M.	Officer (Sr. Exec VP of Sales)	2025-01-10	M	1,006	—	$0
2025-01-14	Feldman Amy M.	Officer (Sr. Exec VP of Sales)	2025-01-10	F	(418)	$22.45	-$9,384
2025-01-14	Feldman Amy M.	Officer (Sr. Exec VP of Sales)	2025-01-10	M	(1,006)	—	$-0
2025-01-07	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-01-06	S	(45,000)	$23.49	-$1,057,050
2025-01-07	SMOLYANSKY LUDMILA	Other (Member of 10% owner group)	2025-01-03	S	(15,000)	$24.12	-$361,800
2025-01-03	SCHER JASON SCOTT	Director	2024-12-31	A	918	—	$0
2024-12-23	SMOLYANSKY JULIE	Director, Officer (CEO, President and Secretary), 10% Owner	2024-12-19	J	0	—	$0