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SCHEDULE 13D/A Filed 2026-05-20 Event 2026-05-19 SEC 0001193125-26-232696 →

Danone S.A. LIFEWAY FOODS, INC. LWAY

Stake: Shares: 0 CUSIP: 531914109 Class: Common Stock, no par value

Item 4 — Purpose of Transaction

Item 4 of the Original Schedule 13D is hereby amended and restated as follows: On May 19, 2026, Danone S.A.'s wholly owned subsidiary, Danone USA Public Benefit Corporation, completed the sale of Danone USA Public Benefit Corporation's holdings in the Issuer. Danone S.A. previously disclaimed any indirect beneficial ownership of Common Stock of the Issuer and, as a result of this transaction, Danone USA Public Benefit Corporation no longer has beneficial ownership of any of the Common Stock of the Issuer. Danone USA Public Benefit Corporation and Danone S.A. are filing this Amendment as a final amendment to the Original Schedule 13D. Danone USA Public Benefit Corporation only retains voting power over the shares of Common Stock in respect of matters where there is a record date prior to May 19, 2026.

Cross-References

Insider Activity (last 365d)
6 transactions
3 buys · 3 sales · 0 awards/exercises
Issuer Cluster
16 13D/G filings on this issuer
15 other filings besides this one
Filer Track Record
4 filings by this filer
3 other filings in the data moat
Short Interest · settle 2026-07-31
DTC 3.05
308,645 shares short · -8.4% vs prior

Institutional Consensus · 2025-12-31

Held by elite portfolio managers
1 holder · $481K
Point72 Asset Mgmt

Post-Filing Returns · since 2026-05-19 on LWAY

+1 day
0.0%
+5 days
0.0%
+30 days
0.0%
+60 days
+5.8%
+90 days
+180 days

Anchor price 29.32 on closest trading day on/after 2026-05-19. Source: Yahoo Finance daily adj_close (split + dividend adjusted).

Form 4 Insider Transactions · last 365d

DateInsiderRoleTypeSharesPriceValue
2026-08-17 Divisadero Street Capital Management, LP 10%+ owner Buy 35,952 $24.78 $891K
2026-08-14 Divisadero Street Capital Management, LP 10%+ owner Buy 15,000 $24.69 $370K
2026-08-13 Divisadero Street Capital Management, LP 10%+ owner Buy 195,616 $24.87 $4.87M
2026-07-07 SMOLYANSKY EDWARD 10%+ owner Sale 39,098 $29.41 $1.15M
2026-07-06 SMOLYANSKY EDWARD 10%+ owner Sale 7,984 $29.79 $238K
2026-06-22 SMOLYANSKY EDWARD 10%+ owner Sale 50,000 $26.20 $1.31M

Other 13D/G Filings on LIFEWAY FOODS, INC.

FiledFormFilerStakeShares
2026-05-27 SCHEDULE 13G CITADEL ADVISORS LLC view →
2026-05-20 SCHEDULE 13D/A SMOLYANSKY LUDMILA 19.70% 787,823 view →
2025-09-30 SCHEDULE Danone S.A. 22.70% 3,454,756 view →
2025-08-01 SCHEDULE Danone S.A. 22.70% 3,454,756 view →
2025-06-04 SCHEDULE SMOLYANSKY LUDMILA 20.80% 3,159,975 view →
2025-03-17 SCHEDULE SMOLYANSKY LUDMILA 20.94% 3,179,975 view →
2025-03-03 SCHEDULE Danone S.A. 23.30% 3,454,756 view →
2025-02-06 SCHEDULE SMOLYANSKY EDWARD 21.50% 3,179,975 view →
2023-10-31 SC SMOLYANSKY EDWARD view →
2023-02-24 SC SMOLYANSKY LUDMILA view →
2022-03-17 SC SMOLYANSKY LUDMILA view →
2022-02-25 SC SMOLYANSKY LUDMILA view →
2021-10-15 SC SMOLYANSKY LUDMILA view →
2019-07-22 SC SMOLYANSKY LUDMILA view →
2018-03-13 SC SMOLYANSKY LUDMILA view →

Other Filings by Danone S.A.

FiledFormIssuerStakeShares
2025-09-30 SCHEDULE Lifeway Foods, Inc. LWAY 22.70% 3,454,756 view →
2025-08-01 SCHEDULE Lifeway Foods, Inc. LWAY 22.70% 3,454,756 view →
2025-03-03 SCHEDULE Lifeway Foods, Inc. LWAY 23.30% 3,454,756 view →

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