secwatch.observer — SEC 8-K summary
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Issuer:     Lifeway Foods, Inc. (LWAY)
CIK:        0000814586
Form:       8-K
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0001683168-25-004695
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lifeway Foods enters separation agreement with former executive Amy Feldman; pays $555K and vests 13,323 shares
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- Lump-sum cash payment of $555,313.13 less deductions, within 14 days of effective date.
- Vesting of 7,875 RSUs and 5,448 PSUs (total 13,323 shares of common stock) upon effective date.
- COBRA premiums paid by company from separation date through August 28, 2025.
- 12-month non-solicitation of employees/vendors and mutual non-disparagement covenants.
- Amy Feldman releases all claims, including ADEA, in exchange for separation benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814586/000168316825004695/0001683168-25-004695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814586/000168316825004695/lifeway_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-004695

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