Lemonade officer sells 5,344 shares in tax, 10b5-1 trades
Lemonade, Inc. Chief Insurance Officer John Sheldon Peters reported selling a total of 5,344 shares of common stock in open‑market transactions.
Rhea-AI Filing Summary
Lemonade, Inc. Chief Insurance Officer John Sheldon Peters reported selling a total of 5,344 shares of common stock in open‑market transactions. He sold 1,773 shares on March 3, 2026 at $50.12 per share and 3,571 shares on March 4, 2026 at $52.50 per share.
After these transactions, he directly owned 80,300 shares following the March 3 sale and 76,729 shares following the March 4 sale. A footnote explains that part of the reported selling was not discretionary and represented shares sold to cover tax withholding obligations tied to vesting and settlement of restricted stock units, and another footnote states that a sale was made under a Rule 10b5‑1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 3,571 | $52.50 | $187K |
| Sale | COMMON STOCK | 1,773 | $50.12 | $89K |
Footnotes (2)
- F1. The reported sale was not a discretionary transaction by the Reporting Person, and represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units.
- F2. Represents sale pursuant to a Rule 10b5-1 trading plan.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did LMND’s Chief Insurance Officer report on this Form 4?
Did any of the LMND insider sales occur under a Rule 10b5-1 plan?
What role does John Sheldon Peters hold at Lemonade, Inc. in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.