Lemonade (NYSE: LMND) director receives 2,848-share restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Haj-Yehia Samer reported acquisition or exercise transactions in this Form 4 filing.
Lemonade, Inc. director Samer Haj-Yehia received an equity award in the form of restricted stock units. The grant covers 2,848 shares of common stock at no purchase price, increasing his direct holdings to 27,187 shares after the award.
The restricted stock units will vest and become exercisable on the earlier of the day immediately preceding the first annual meeting following the grant date or June 3, 2027. Each unit represents a contingent right to receive one share of Lemonade’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Haj-Yehia Samer
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 2,848 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 27,187 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 2,848 shares
Price per share: $0.00 per share
Post-transaction holdings: 27,187 shares
+2 more
5 metrics
RSU grant size
2,848 shares
Restricted stock unit award of common stock
Price per share
$0.00 per share
Grant, award, or other acquisition
Post-transaction holdings
27,187 shares
Shares owned directly after the award
Vesting latest date
June 3, 2027
Latest possible vesting date for RSUs
Security type
Common stock
Underlying security for restricted stock units
Key Terms
restricted stock units, contingent right, annual meeting, Form 4
4 terms
restricted stock units financial
"Represents an award of restricted stock units, which will vest and become exercisable"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
annual meeting financial
"on the earlier of (i) the day immediately preceding the date of the first annual meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Lemonade (LMND) director Samer Haj-Yehia report on this Form 4?
The Form 4 reports that director Samer Haj-Yehia received a grant of 2,848 restricted stock units. These units were awarded at no purchase price and increase his direct ownership to 27,187 Lemonade common shares following the transaction.
When do Samer Haj-Yehia’s Lemonade (LMND) restricted stock units vest?
The restricted stock units vest on the earlier of two dates: the day immediately before the first annual meeting following the grant, or June 3, 2027. Vesting must occur before the units convert into Lemonade common shares.