Edward Smolyansky Sells 66,916 Lifeway Foods Shares at $31.51-$32.32

Edward Smolyansky, a 10% owner of Lifeway Foods, Inc., sold 66,916 shares of common stock on July 15, 2026, through two separate transactions. The first sale involved 24,653 shares at a weighted average price of $31.51 per share, while the second sale involved 42,263 shares at a weighted average price of $32.32 per share. Following these transactions, Smolyansky's direct ownership decreased to 902,642 shares. He also holds indirect ownership through various entities including 100,000 shares owned by his son (which he disclaims beneficial ownership of) and 500,000 shares held by Smolyansky Holding LLC. The sales were executed in multiple transactions within price ranges of $31.10-$32.09 for the first batch and $32.10-$33.09 for the second batch. This Form 4 filing reports the insider transactions as required by SEC regulations.