Lemonade (NYSE: LMND) chief insurance officer sells 11,000 shares
Rhea-AI Filing Summary
Lemonade, Inc. (LMND) reported that Chief Insurance Officer John Sheldon Peters sold 11,000 shares of common stock on 2026-08-13 in an open market or private transaction at a weighted average price of $52.55 per share, as described in a footnote. Following this sale, he directly holds 76,942 shares of Lemonade common stock. The transaction was not reported as made under a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
Net Seller: 11,000 shares
Net Sell
1 txn
Insider
Peters John Sheldon
Role
Chief Insurance Officer
Sold
11,000 shs ($578K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK F1 | 11,000 | $52.55 | $578K |
Holdings After Transaction:
COMMON STOCK — 76,942 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 11,000 shares
Weighted average sale price: $52.55 per share
Shares owned after transaction: 76,942 shares
+1 more
4 metrics
Shares sold
11,000 shares
Common stock sale on 2026-08-13 by Chief Insurance Officer
Weighted average sale price
$52.55 per share
Sale of 11,000 shares of common stock on 2026-08-13
Shares owned after transaction
76,942 shares
Direct holdings of John Sheldon Peters following the reported sale
Net buy/sell shares in filing
-11,000 shares
Transaction summary net buy/sell direction is net-sell
Key Terms
weighted average price, open market or private transaction, Rule 10b5-1
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Rule 10b5-1 financial
"Rule 10b5-1 checkbox indicates whether trades use a trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Lemonade (LMND) disclose for John Sheldon Peters?
Lemonade (LMND) disclosed that Chief Insurance Officer John Sheldon Peters sold 11,000 shares of common stock on 2026-08-13 at a weighted average price of $52.55 per share in an open market or private transaction.
Was the Lemonade (LMND) insider sale by John Sheldon Peters under a Rule 10b5-1 plan?
The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan, as the specific checkbox for such plans is marked false, and no footnote describes a pre-arranged trading arrangement.
What type of transaction did Lemonade (LMND) report for John Sheldon Peters?
Lemonade (LMND) reported a sale of common stock by John Sheldon Peters, coded “S” for a sale in an open market or private transaction, covering 11,000 shares with direct ownership reported after the trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.