Lifeway Foods (NASDAQ:LWAY) Major Shareholder Edward Smolyansky Sells 35,000 Shares
MarketBeat
Lifeway Foods, Inc. (NASDAQ:LWAY - Get Free Report) major shareholder Edward Smolyansky sold 35,000 shares of the company's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $28.74, for a total value of $1,005,900.00. Following the completion of the sale, the insider directly owned 969,793 shares of the company's stock, valued at approximately $27,871,850.82. This trade represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.
NASDAQ:LWAY
