Lemonade (LMND) Insider Files Form 144 for 282 Shares
Rhea-AI Filing Summary
Form 144 notice for Lemonade, Inc. (LMND): The filer reports a proposed sale of 282 common shares through Fidelity Brokerage Services with an aggregate market value of $14,196.53. The shares were acquired via restricted stock vesting on 08/29/2025 and payment was recorded as compensation on the same date. The approximate sale date is listed as 09/03/2025 and the securities trade on the NYSE. The filing shows 73,886,417 shares outstanding. The filer also disclosed a prior sale on 06/03/2025 of 252 shares for $8,883.25. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.
Positive
- Transparent disclosure of the proposed sale including broker, acquisition date, nature (restricted stock vesting), and aggregate market value
- Includes prior sale in the past three months (252 shares on 06/03/2025), supporting completeness of insider sale history
- Seller certification that they are not aware of undisclosed material adverse information, as required
Negative
- None.
Insights
TL;DR: Routine Rule 144 disclosure showing an insider sale of vested restricted stock; documentation aligns with Rule 144 requirements.
The filing documents a proposed sale of 282 vested shares via a broker with acquisition and payment dated 08/29/2025 and an approximate sale date of 09/03/2025. The notice includes prior sales in the past three months, satisfying the look-back transparency. From a compliance perspective this Form 144 contains the core elements: acquisition date, nature (restricted stock vesting), broker details, proposed sale amount and value, and the seller's representation regarding material non-public information. No material omissions are apparent within the content provided.
TL;DR: Disclosure is standard for insider liquidity of vested awards and provides clear broker and transaction details.
This Form 144 shows an individual selling shares that vested as compensation. It lists the broker, number of shares, aggregate market value, outstanding shares, and a recent prior sale. For governance review, the filing documents the mechanics of insider disposition and reiterates the seller's certification about undisclosed material information. The size of the transaction relative to total outstanding shares is provided, enabling assessment of potential governance or signaling impact.