Lemonade (LMND) Form 144 - Officer to Sell 11,000 Shares | Jun 2025
Form 144 filing reveals Lemonade officer Timothy E. Bixby plans to sell 11,000 shares of common stock valued at $476,960 through Fidelity Brokerage Services on NYSE.
Rhea-AI Filing Summary
Form 144 filing reveals Lemonade officer Timothy E. Bixby plans to sell 11,000 shares of common stock valued at $476,960 through Fidelity Brokerage Services on NYSE. The shares were acquired via options granted on 12/01/2019. Bixby has been actively selling Lemonade shares in past 3 months, with six previous transactions totaling 27,916 shares for approximately $1.1 million in proceeds. Sales include: 5,000 shares on 3/24/25 ($187.5K), 1,916 shares on 6/3/25 ($67.5K), and multiple 5,000-6,000 share blocks between 6/5-6/16/25. The planned sale represents a small fraction of Lemonade's 73.27M outstanding shares. Filing indicates compliance with Rule 10b5-1 trading plan adopted 12/12/2024.
Positive
- The aggregate market value of shares to be sold ($476,960) represents only about 0.015% of total shares outstanding, indicating minimal dilution impact
- The sale appears to be part of a planned 10b5-1 trading program adopted in December 2024, suggesting orderly selling rather than reactive disposition
Negative
- Officer Timothy E. Bixby has sold significant amounts of stock over the past 3 months - approximately 27,916 shares worth over $1.1 million from March to June 2025
- The consistent selling pattern from a key executive (multiple sales in June 2025) could signal reduced confidence in future stock appreciation
- The latest proposed sale of 11,000 shares comes shortly after several other large dispositions, potentially indicating accelerated selling pressure
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the total value of LMND stock Timothy Bixby sold in June 2025?
In June 2025 prior to this filing, Timothy Bixby sold LMND stock worth $916,840.92, comprising sales of $67,540.92 on June 3, $187,500 on June 5, $201,500 on June 9, $255,000 on June 11, and $205,300 on June 16.
AI-generated analysis. How Rhea-AI works. Not financial advice.