{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-003639","form_type":"8-K","ticker":"LWAY","cik":"0000814586","company_name":"Lifeway Foods, Inc.","filed_at":"2023-05-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.342385+00:00","generated_at":"2026-06-14T18:56:35.116306+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Lifeway Foods director Ludmila Smolyansky resigns, cites disagreement; company refutes","bullets":["Ludmila Smolyansky resigned from Lifeway board on May 16, 2023, citing disagreement with board over business/management opinions.","Company disputes her characterizations; highlights net sales grew 51% from FY2019 to FY2022 (14.8% CAGR) and record revenue in 2022.","Q1 2023 net sales up 11.2% YoY; gross profit margin improved 530 bps YoY.","Under July 2022 Settlement Agreement, vacancy remains until nominee from Smolyansky & son is appointed after qualification.","Smolyansky was nominated for reelection at 2023 Annual Meeting; no changes to proxy statement."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-003639","json":"https://secwatch.observer/filing/0001683168-23-003639.json","markdown":"https://secwatch.observer/filing/0001683168-23-003639.md","text":"https://secwatch.observer/filing/0001683168-23-003639.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814586/000168316823003639/0001683168-23-003639-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814586/000168316823003639/lifeway_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T18:56:35.116306+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}