secwatch.observer — SEC 8-K summary
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Issuer:     Lifeway Foods, Inc. (LWAY)
CIK:        0000814586
Form:       8-K
Filed at:   2022-01-10T23:59:59+00:00
Accession:  0001683168-22-000190
Event type: leadership
Sentiment:  negative
Materiality: 0.65
Item codes: 1.02, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Lifeway Foods terminates consulting agreement with Ludmila Smolyansky; Edward Smolyansky departs
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- Terminated consulting agreement with Ludmila Smolyansky, board chair, effective Jan 17, 2022.
- Edward Smolyansky no longer employed by Lifeway as of Jan 4, 2022.
- Both departures involve Smolyansky family members; management transition unclear.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814586/000168316822000190/0001683168-22-000190-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814586/000168316822000190/lifeway_i8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-000190

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer