LMND Form 144 Filed: Proposed 5,000-Share Sale on 08/05/2025
Rhea-AI Filing Summary
Form 144 filed for Lemonade, Inc. (LMND) notifying a proposed sale of common stock and disclosure of recent related transactions.
- Proposed sale: 5,000 common shares via Oppenheimer & Co.; aggregate market value $239,650; approximate sale date 08/05/2025; exchange: NYSE.
- Outstanding shares: 73,886,417.
- Acquisition details: 1,250 shares acquired 12/24/2019 (Employee Stock Option Plan); 3,750 shares acquired 06/07/2020 (Employee Stock Option Plan).
- Recent sale (past 3 months): Adina Eckstein sold 5,000 shares on 06/23/2025 for gross proceeds $225,000.
The filer represents no undisclosed material adverse information and includes standard signature/attestation language required by Form 144.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider disposal disclosed: 5,000 shares proposed for sale, immaterial relative to total outstanding shares.
The filing reports a proposed sale of 5,000 common shares (agg. market value $239,650) scheduled 08/05/2025 and a recent sale of 5,000 shares on 06/23/2025 for $225,000. Acquisition dates and sources are employee stock option plan grants dated 12/24/2019 and 06/07/2020. Given the issuer's stated outstanding share count of 73,886,417, the reported amounts represent a negligible percentage of outstanding stock. No earnings, guidance, or other financial metrics are provided in this filing.
TL;DR: Routine Rule 144 notice and post-sale disclosure; filings follow required attestations and include transaction provenance.
The Form 144 discloses transaction provenance (employee stock option plan) and includes the required attestation that the seller has no undisclosed material information. It also records broker details (Oppenheimer & Co.) and exchange (NYSE). The filing contains no indication of a 10b5-1 plan adoption date. From a governance perspective, disclosures appear to meet Form 144 content requirements but do not by themselves imply firm-level governance change.