Lemonade (NYSE: LMND) director granted 2,848 restricted stock units in equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Seeley Geoff reported acquisition or exercise transactions in this Form 4 filing.

Lemonade, Inc. director Geoff Seeley reported an equity award in the form of restricted stock units. He received 2,848 shares of common stock at no cash cost as a grant, increasing his direct holdings to 5,967 shares after the transaction.

The award consists of restricted stock units that vest and become exercisable on the earlier of the day immediately preceding the first annual meeting following the grant date or on June 3, 2027. Each unit represents a contingent right to receive one share of Lemonade’s common stock when it vests.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Seeley Geoff

Role null

Type	Security	Shares	Price	Value
Grant/Award	COMMON STOCK	2,848	$0.00	--

Holdings After Transaction: COMMON STOCK — 5,967 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 2,848 shares Price per share: $0.00 per share Holdings after grant: 5,967 shares +1 more

4 metrics

RSUs granted 2,848 shares Restricted stock unit award on June 3, 2026

Price per share $0.00 per share Grant price for restricted stock units

Holdings after grant 5,967 shares Total direct common stock holdings following the award

Vesting latest date June 3, 2027 Latest vesting date for the restricted stock units

Key Terms

restricted stock units, contingent right, annual meeting, common stock

4 terms

restricted stock units financial

"Represents an award of restricted stock units, which will vest and become exerciseable"

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.

common stock financial

"one share of the Issuer's common stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 05:17 PM

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^*

Seeley Geoff

(Last)

(First)

(Middle)

5 CROSBY STREET

3RD FLOOR

(Street)

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)
06/03/2026

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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON STOCK	06/03/2026		A		2,848	A	$0	5,967⁽¹⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents an award of restricted stock units, which will vest and become exerciseable on the earlier of (i) the day immediately preceding the date of the first annual meeting following the date of the grant and (ii) June 3, 2027. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

Remarks:

	/s/ Timothy Bixby, Attorney-in-Fact for Geoff Seeley	06/05/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Lemonade (LMND) director Geoff Seeley report on this Form 4?

Geoff Seeley reported receiving 2,848 restricted stock units of Lemonade common stock as an equity grant. The award was made at no cash cost and increased his direct holdings to 5,967 shares after the transaction, reflecting routine director compensation.

How many Lemonade (LMND) shares did Geoff Seeley hold after this grant?

After the equity grant, Geoff Seeley held 5,967 shares of Lemonade common stock directly. This includes the 2,848 restricted stock units awarded in the reported transaction, which will convert into shares when they vest under the stated vesting schedule.

What type of equity award did Lemonade (LMND) grant to Geoff Seeley?

Lemonade granted Geoff Seeley restricted stock units, representing a contingent right to receive common shares. He received 2,848 units, each equal to one share upon vesting, as part of his director compensation with no purchase price per share reported.

When do Geoff Seeley’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 date, or June 3, 2027. Vesting must occur before the units convert into Lemonade common stock for the director.

Did Geoff Seeley buy or sell Lemonade (LMND) shares on the market?

No open-market buy or sell occurred; the Form 4 shows an acquisition coded as a grant. Geoff Seeley received 2,848 restricted stock units at a reported price of $0.00 per share as part of his director compensation package, not a market transaction.