Lemonade (NYSE: LMND) director adds 8,740 shares in open-market buys

Rhea-AI Filing Summary

Lemonade, Inc. director Maria Angelidis-Smith reported open-market purchases of company stock. On March 10, 2026, she bought 3,350 shares of common stock at $55.30 per share in her direct account, bringing her direct holdings to 14,896 shares.

On the same date, Smith Family Trust, for which she serves as co-trustee with voting and dispositive control, purchased an additional 5,390 shares at $55.70 per share, increasing that trust’s holdings to 38,944 shares. The amended Form 4 corrects the transaction code to reflect these were open-market purchases.

Insider Trade Summary

Net Buyer: 8,740 shares ($485,478)

Net Buy 2 txns

Insider Angelidis-Smith Maria

Role Director

Bought 8,740 shs ($485K)

Type	Security	Shares	Price	Value
Purchase	COMMON STOCK	3,350	$55.30	$185K
Purchase	COMMON STOCK	5,390	$55.70	$300K

Holdings After Transaction: COMMON STOCK — 14,896 shares (Direct); COMMON STOCK — 38,944 shares (Indirect, Held by Smith Family Trust)

Footnotes (1)

1. The original Form 4 listed a Transaction Code of "A", and should have had Transaction Code of "P", as these were purchases of common stock on the open market. The Reporting Person is Co-Trustee of Smith Family Trust dated November 9, 2013 ("Trust") and has voting and dispositive control over the shares held by Trust.

Key Figures

Direct purchase: 3,350 shares at $55.30 Trust purchase: 5,390 shares at $55.70 Total shares bought: 8,740 shares +2 more

5 metrics

Direct purchase 3,350 shares at $55.30 Open-market buy on March 10, 2026

Trust purchase 5,390 shares at $55.70 Open-market buy by Smith Family Trust on March 10, 2026

Total shares bought 8,740 shares Combined direct and trust purchases reported in this filing

Direct holdings after trade 14,896 shares Direct ownership following March 10, 2026 purchase

Trust holdings after trade 38,944 shares Smith Family Trust holdings after March 10, 2026 purchase

Key Terms

open-market purchase, Form 4/A, Transaction Code, Smith Family Trust, +1 more

5 terms

open-market purchase financial

"these were purchases of common stock on the open market"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Form 4/A regulatory

"The original Form 4 listed a Transaction Code of "A""

Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.

Transaction Code regulatory

"listed a Transaction Code of "A", and should have had Transaction Code of "P""

Smith Family Trust financial

"Held by Smith Family Trust dated November 9, 2013"

voting and dispositive control financial

"has voting and dispositive control over the shares held by Trust"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Angelidis-Smith Maria

(Last) (First) (Middle)

5 CROSBY STREET

3RD FLOOR

(Street)

NEW YORK NEW YORK 10013

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lemonade, Inc. [ LMND ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/12/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK	03/10/2026		P(1)		3,350	A	$55.3	14,896	D
COMMON STOCK	03/10/2026		P(1)		5,390	A	$55.7	38,944	I(2)	Held by Smith Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The original Form 4 listed a Transaction Code of "A", and should have had Transaction Code of "P", as these were purchases of common stock on the open market.

2. The Reporting Person is Co-Trustee of Smith Family Trust dated November 9, 2013 ("Trust") and has voting and dispositive control over the shares held by Trust.

Remarks:

	/s/ Timothy Bixby, Attorney-in-Fact for Maria Angelidis-Smith	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider buying did LMND director Maria Angelidis-Smith report?

Maria Angelidis-Smith reported buying 8,740 shares of Lemonade, Inc. common stock in open-market transactions. She acquired 3,350 shares directly and 5,390 shares through Smith Family Trust, reflecting additional personal and trust-held exposure to LMND shares at prices around the mid-$50 range.

At what prices did Maria Angelidis-Smith buy Lemonade (LMND) shares?

She reported two purchase prices for Lemonade common stock on March 10, 2026. One transaction was at $55.30 per share for 3,350 shares, and another was at $55.70 per share for 5,390 shares, both categorized as open-market purchases.

How many Lemonade (LMND) shares does Maria Angelidis-Smith hold after these trades?

Following the reported transactions, she holds 14,896 shares of Lemonade common stock directly. In addition, Smith Family Trust, where she is co-trustee with voting and dispositive control, holds 38,944 shares, representing her indirect beneficial ownership through the trust.

What is the role of Smith Family Trust in the LMND insider transactions?

Smith Family Trust purchased 5,390 Lemonade shares at $55.70 per share in an open-market transaction. Maria Angelidis-Smith is co-trustee of the trust and has voting and dispositive control over these shares, so they count as indirect beneficial ownership associated with her position.

Why was this Lemonade (LMND) filing labeled as Form 4/A?

The filing is an amended Form 4 because it corrects the original transaction code. The original filing used code “A,” but the amendment clarifies the transactions should be coded “P,” indicating they were purchases of common stock on the open market.