Grant J LaMontagne, a director at Laird Superfood, Inc. (NASDAQ:LSF), has significantly increased his stake in the company through a series of open-market purchases in early June 2026. This insider activity follows a period of strong financial performance for Laird Superfood, which reported a significant earnings beat and revenue growth for the first quarter of 2026. The timing of these transactions is notable against the backdrop of a 54% stock return over the past six months and a recent resignation from the company's board.
According to a Form 4 filing, Mr. LaMontagne made four separate acquisitions of common stock between June 2 and June 5, 2026. On June 2, he purchased 27,160 shares at $3.30 per share. The following day, June 3, saw an acquisition of 17,054 shares, also at $3.30 each. On June 4, Mr. LaMontagne bought 8,826 shares at a price of $3.23 per share. The final reported transaction was on June 5, when he acquired 6,910 shares at $3.30 per share.
Following these direct acquisitions, Mr. LaMontagne’s direct ownership in Laird Superfood, Inc. increased to 175,244 shares. The transactions occurred over several days in early June, with prices ranging from $3.23 to $3.30 per share. The timing of these purchases is notable, as the stock has delivered a 54% return over the past six months. According to InvestingPro analysis, LSF appears undervalued at current levels, with the stock trading below its Fair Value estimate—a metric available to subscribers alongside comprehensive financial health scores and exclusive ProTips for over 1,400 US equities.
In other recent news, Laird Superfood reported a strong performance for the first quarter of 2026. The company achieved earnings per share of $0.11, significantly surpassing the forecasted -$0.07, marking a 257.14% surprise. Additionally, Laird Superfood’s revenues reached $13.94 million, exceeding expectations of $13.3 million by 4.81%. These results indicate a positive financial trajectory for the company.
In another development, Doug Behrens resigned from the Laird Superfood Board of Directors. His departure, effective immediately, was stated to be for personal reasons and not due to any disagreement with the company’s operations or policies. Behrens also served on the board’s Compensation Committee. These recent developments highlight significant changes within Laird Superfood’s financial and leadership landscape.
Laird Superfood Follow Analyze LSF Included in our AI-picked strategies Review strategies 3.45 ▲ +0.060 (+1.77%) Real-time Data 12:05:26 USD 1D 1W 1M 6M 1Y 5Y Max Created with Highcharts 11.4.8 19:00 09/06 15:00 3.2 3.3 3.4 3.5 Analyze LSF This article was generated with the support of AI and reviewed by an editor. For more information see our T&Cs. See the trade on LSF, but can't pull the trigger? Most traders can read a chart. The hard part is the moment: entry window open, pattern forming, and you're still waiting for more confirmation. That's the conviction gap — and our chart analysis closes it. Unlike other AIs that just read data, our Vision AI literally "sees" your charts and hands you a complete trading plan: entry, stop-loss, and profit target in under 60 seconds. Know exactly what to do next, every time. Try Chart Analysis for LSF