Lemonade, Inc. (NYSE: LMND) awards 10,000 RSUs to Chief Insurance Officer
Rhea-AI Filing Summary
Peters John Sheldon reported acquisition or exercise transactions in this Form 4 filing.
Lemonade, Inc. reported that Chief Insurance Officer John Sheldon Peters received a grant of 10,000 restricted stock units (RSUs) on July 27, 2026. These RSUs vest in 16 equal quarterly installments beginning September 1, 2026, contingent on continued employment. Following this award, he directly holds 87,942 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
1 txn
Insider
Peters John Sheldon
Role
Chief Insurance Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK F1 | 10,000 | $0.00 | $0.00 |
Holdings After Transaction:
COMMON STOCK — 87,942 shares (Direct)
Footnotes (1)
- F1. Represents an award of restricted stock units, which will vest in 16 equal quarterly installments beginning on September 1, 2026, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
Key Figures
RSUs granted: 10,000 units
Post-transaction holdings: 87,942 shares
Vesting installments: 16 quarterly installments
+2 more
5 metrics
RSUs granted
10,000 units
Restricted stock units awarded to John Sheldon Peters on July 27, 2026
Post-transaction holdings
87,942 shares
Common stock directly held by John Sheldon Peters after the award
Vesting installments
16 quarterly installments
RSUs vest in 16 equal quarterly tranches beginning September 1, 2026
Vesting start date
September 1, 2026
First vesting date for the RSU award, subject to continued employment
RSU share ratio
1 unit : 1 share
Each restricted stock unit represents a contingent right to one common share
Key Terms
restricted stock units, vesting, contingent right
3 terms
restricted stock units financial
"Represents an award of restricted stock units, which will vest in 16 equal quarterly"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"which will vest in 16 equal quarterly installments beginning on September 1, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock award did Lemonade (LMND) grant to John Sheldon Peters?
Lemonade granted Chief Insurance Officer John Sheldon Peters an award of 10,000 restricted stock units (RSUs). The award was dated July 27, 2026 and represents potential future delivery of Lemonade common stock as the units vest over time.
How and when do John Sheldon Peters’ new Lemonade (LMND) RSUs vest?
The 10,000 RSUs vest in 16 equal quarterly installments starting on September 1, 2026. Each quarter, a portion vests so long as Peters remains employed, spreading the vesting over four years of continued service with Lemonade.
What does each Lemonade (LMND) restricted stock unit granted to Peters represent?
Each RSU granted to Peters represents a contingent right to receive one share of Lemonade common stock. The shares are delivered only when the units vest according to the schedule and he satisfies the continued employment condition at each vesting date.
Is John Sheldon Peters’ Lemonade (LMND) RSU award tied to continued employment?
Yes. The RSU award vests only if Peters remains employed by Lemonade through each vesting date. The 16 quarterly installments beginning September 1, 2026 each require continued service, aligning his equity compensation with ongoing employment at the company.