LMND Form 144: Option-derived sale via Fidelity for 38,155 shares
Rhea-AI Filing Summary
Lemonade, Inc. (LMND) filed a Form 144 disclosing a proposed sale of 38,155 shares of common stock through Fidelity Brokerage Services LLC (900 Salem Street, Smithfield, RI) on the NYSE with an aggregate market value of $2,289,300.00. The company shows 73,886,417 shares outstanding, so the proposed sale equals about 0.052% of outstanding shares.
The securities are reported as acquired under an option granted 02/06/2019, with the acquisition and planned sale dated 08/13/2025, and payment noted as cash. The filing also lists two prior sales by John Peters in the past three months: 1,494 shares on 06/03/2025 for $52,664.98 and 6,543 shares on 06/23/2025 for $294,435.00. Other filer and notice administrative fields are not populated in the provided content.
Positive
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Negative
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Insights
TL;DR: A small, disclosed option-derived sale of 38,155 LMND shares (~$2.29M)—unlikely to move the market on its own.
The Form 144 reports a proposed sale of 38,155 common shares through Fidelity with an aggregate value of $2,289,300, representing roughly 0.052% of the 73,886,417 shares outstanding reported in the filing. The securities are tied to an option granted 02/06/2019 and are recorded as acquired and to be sold on 08/13/2025. Two recent smaller sales by the named individual are disclosed for June 2025, indicating prior disposition activity. Based solely on disclosed amounts, this is a routine insider sale with limited market impact.
TL;DR: The filing documents compliance with disclosure requirements for an option-derived sale; details on the filer are incomplete in the provided content.
The notice identifies the broker, class of security, acquisition method (option granted in 2019), and transaction economics including aggregate market value and outstanding share count. Prior sales by John Peters in June 2025 are itemized with proceeds, supporting transparency about recent dispositions. The filing excerpt does not populate some administrative fields such as the filer CIK or signature/date fields in the provided content, so completeness of the public filing cannot be fully assessed from this excerpt alone.