LMND CFO reports 30,000-share sale and 6,000-share donation

Rhea-AI Filing Summary

Lemonade, Inc. (LMND) disclosed insider activity by its Chief Financial Officer, Timothy E. Bixby. On 11/07/2025, he made a charitable gift of 6,000 shares of common stock at $0. On 11/11/2025, he sold 30,000 shares indirectly held by the Timothy E. Bixby Family Trust at a price of $75.51 per share.

Following these transactions, Bixby beneficially owned 254,487 shares directly. Indirect holdings held by the Trust were 0 shares after the sale.

Insider Trade Summary

Net Seller: 30,000 shares ($2,265,300)

Net Sell 2 txns

Insider BIXBY TIMOTHY E

Role Chief Financial Officer

Sold 30,000 shs ($2.27M)

Type	Security	Shares	Price	Value
Sale	COMMON STOCK	30,000	$75.51	$2.27M
Gift	COMMON STOCK	6,000	$0.00	--

Holdings After Transaction: COMMON STOCK — 0 shares (Indirect, Held by Timothy E Bixby Family Trust); COMMON STOCK — 254,487 shares (Direct)

Footnotes (1)

1. This transaction represents a charitable donation to a third party. No value was received for the gifted shares. The Reporting Person is Co-Trustee of Timothy E. Bixby Family Trust ("Trust") and has voting and dispositive control over the shares held by Trust.

Form 4 Insider Transactions: What Each Field Means →

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^*

BIXBY TIMOTHY E

(Last) (First) (Middle)

C/O LEMONADE, INC.

5 CROSBY STREET, 3RD FLOOR

(Street)

NEW YORK NY 10013

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Lemonade, Inc. [ LMND ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK	11/07/2025		G(1)		6,000	D	$0	254,487	D
COMMON STOCK	11/11/2025		S		30,000	D	$75.51	0	I	Held by Timothy E Bixby Family Trust(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction represents a charitable donation to a third party. No value was received for the gifted shares.

2. The Reporting Person is Co-Trustee of Timothy E. Bixby Family Trust ("Trust") and has voting and dispositive control over the shares held by Trust.

Remarks:

	/s/ Timothy Bixby	11/12/2025
	** 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.

FAQ

What insider transactions did LMND's CFO report?

Timothy E. Bixby reported a charitable gift of 6,000 shares on 11/07/2025 and a sale of 30,000 shares at $75.51 on 11/11/2025.

What price were the LMND shares sold for in the Form 4?

The 30,000 shares were sold at $75.51 per share on 11/11/2025.

How many LMND shares did the CFO donate?

He donated 6,000 shares on 11/07/2025 as a charitable gift for $0 consideration.

What are the CFO's LMND holdings after the transactions?

After the transactions, he held 254,487 shares directly and 0 shares indirectly via the Timothy E. Bixby Family Trust.

Were the sold shares held directly or indirectly?

The 30,000 shares sold were indirectly held by the Timothy E. Bixby Family Trust.

Who is the reporting person in this LMND Form 4?

The reporting person is Timothy E. Bixby, Chief Financial Officer of Lemonade, Inc.