Lemonade officer sells 3,108 shares of stock
Lemonade, Inc. (LMND) reported that Chief Insurance Officer John Sheldon Peters disposed of common stock in two transactions.
Rhea-AI Filing Summary
Lemonade, Inc. (LMND) reported that Chief Insurance Officer John Sheldon Peters disposed of common stock in two transactions. On September 3, 2026, 859 shares were sold at $54.63 per share in a non-discretionary transaction to cover tax withholding obligations related to vesting and settlement of Restricted Stock Units. On September 4, 2026, 2,249 shares were sold at $54.45 per share pursuant to a Rule 10b5-1 trading plan, with no post-transaction holdings reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,108 shares
Net Sell
2 txns
Insider
Peters John Sheldon
Role
Chief Insurance Officer
Sold
3,108 shs ($169K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK F2 | 2,249 | $54.45 | $122K |
| Sale | COMMON STOCK F1 | 859 | $54.63 | $47K |
Holdings After Transaction:
COMMON STOCK — 73,834 shares (Direct)
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.
Key Figures
Shares sold September 3, 2026: 859 shares
Price per share September 3, 2026: $54.63 per share
Shares sold September 4, 2026: 2,249 shares
+2 more
5 metrics
Shares sold September 3, 2026
859 shares
Non-discretionary sale to cover tax withholding obligations for RSU vesting
Price per share September 3, 2026
$54.63 per share
Sale of 859 Lemonade common shares
Shares sold September 4, 2026
2,249 shares
Sale pursuant to a Rule 10b5-1 trading plan
Price per share September 4, 2026
$54.45 per share
Sale of 2,249 Lemonade common shares
Total shares sold
3,108 shares
Combined total of both reported transactions
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, tax withholding obligations
3 terms
Rule 10b5-1 trading plan regulatory
"Represents sale pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"in connection with the vesting and settlement of Restricted Stock Units"
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.
tax withholding obligations financial
"represents shares sold to cover tax withholding obligations in connection with"
FAQ
What insider transactions did LMND report for John Sheldon Peters in this Form 4?
The filing reports that Chief Insurance Officer John Sheldon Peters sold 859 shares of Lemonade common stock on September 3, 2026 and 2,249 shares on September 4, 2026, for a total of 3,108 shares disposed of.
Were the LMND stock sales by John Sheldon Peters discretionary?
The filing states the September 3, 2026 sale of 859 shares was not a discretionary transaction and represented shares sold to cover tax withholding obligations in connection with RSU vesting and settlement.
Did the LMND Form 4 indicate use of a Rule 10b5-1 trading plan?
Yes. The filing affirms Rule 10b5-1 status and notes the September 4, 2026 sale of 2,249 shares was a sale pursuant to a Rule 10b5-1 trading plan, indicating it was made under a pre-arranged trading arrangement.
What role does John Sheldon Peters hold at LMND in this Form 4?
John Sheldon Peters is identified as an officer of Lemonade, Inc., serving as the company’s Chief Insurance Officer, according to the reporting person information in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.