Lemonade officer plans sale of 859 LMND shares
Lemonade officer John S. Peters filed a Rule 144 notice to sell 859 vested shares, partly to cover tax obligations from an equity award.
Rhea-AI Filing Summary
Lemonade, Inc. (LMND) was notified that officer John S. Peters intends to sell 859 shares of common stock under Rule 144 through Fidelity Brokerage Services LLC. The shares have an aggregate market value of $46,928.03 based on recent prices, out of 77,396,615 shares outstanding. The securities relate to restricted stock that vested on September 1, 2026, and the sale includes shares to cover a tax obligation arising from this equity award.
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Key Figures
Shares planned for sale: 859 shares
Aggregate market value of planned sale: $46,928.03
Shares outstanding: 77,396,615 shares
+3 more
6 metrics
Shares planned for sale
859 shares
Common stock to be sold under Rule 144 by John S. Peters
Aggregate market value of planned sale
$46,928.03
Aggregate market value of the 859 LMND shares listed in the notice
Shares outstanding
77,396,615 shares
Lemonade, Inc. common stock outstanding as reported in the filing
Sale on June 3, 2026
1,735 shares for $92,255.50
Common stock sold by John S. Peters during the past 3 months
Sale on August 13, 2026
11,000 shares for $578,000.38
Largest single disclosed sale in the past 3 months
Vesting date of restricted stock
September 1, 2026
Acquisition date of the compensation-related restricted stock to be sold
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact, tax obligation
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 09/01/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for John S. Peters"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
tax obligation financial
"Sale includes an amount necessary to cover a tax obligation"
FAQ
What does Lemonade, Inc. (LMND) disclose in this Form 144 filing?
The filing states that John S. Peters, an officer of Lemonade, Inc., plans to sell 859 shares of LMND common stock under Rule 144 through Fidelity Brokerage Services LLC, related to a recently vested restricted stock award and associated tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.