Lemonade director granted 2,848 RSUs

Angelidis-Smith Maria reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Angelidis-Smith Maria reported acquisition or exercise transactions in this Form 4 filing.

Lemonade, Inc. director Maria Angelidis-Smith reported a new equity award and updated her share holdings. She received an award of 2,848 restricted stock units of common stock for no cash payment. These units will vest on the earlier of the day immediately preceding the first annual meeting following the grant date or on June 3, 2027, and each unit represents one share of common stock.

After the award, she holds 17,744 shares of common stock directly and 38,944 shares indirectly through the Smith Family Trust, where she serves as co-trustee with voting and dispositive control over the trust’s shares.

Insider Trade Summary

Grant/Award: 2,848 shares

Grant/Award 2 txns

Insider Angelidis-Smith Maria

Role Director

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

Holdings After Transaction: COMMON STOCK — 17,744 shares (Direct); COMMON STOCK — 38,944 shares (Indirect, Held by Smith Family Trust)

Footnotes (2)

1. F1. Represents an award of restricted stock units, which will vest and become exercisable 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.
2. F2. The Reporting Person is Co-Trustee of Smith Family Trust ("Trust") and has voting and dispositive control over the shares held by Trust.

Key Figures

RSU award: 2,848 shares Grant price: $0.0000 per share Direct holdings after grant: 17,744 shares +2 more

5 metrics

RSU award 2,848 shares Restricted stock units of common stock granted to director

Grant price $0.0000 per share RSU award granted with no cash payment

Direct holdings after grant 17,744 shares Total direct common stock owned following RSU award

Indirect trust holdings 38,944 shares Common stock held by Smith Family Trust

RSU vesting date June 3, 2027 Latest possible vesting date for restricted stock units

Key Terms

restricted stock units, contingent right, Co-Trustee, voting and dispositive control

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..."

Co-Trustee financial

"The Reporting Person is Co-Trustee of Smith Family Trust ("Trust")..."

voting and dispositive control financial

"and has voting and dispositive control over the shares held by Trust."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Maria Angelidis-Smith report for Lemonade (LMND)?

Maria Angelidis-Smith reported receiving 2,848 restricted stock units of Lemonade common stock as an equity award. The grant involved no cash payment and represents compensation, with each unit convertible into one share of common stock upon vesting.

When do the newly granted Lemonade (LMND) restricted stock units vest?

The 2,848 restricted stock units will vest on the earlier of the day immediately preceding the first annual meeting following the grant or on June 3, 2027. Vesting must occur before she receives the underlying shares.

How many Lemonade (LMND) shares does Maria Angelidis-Smith now hold directly?

Following the reported grant, Maria Angelidis-Smith holds 17,744 shares of Lemonade common stock directly. This figure comes from the Form 4 total shares following the transaction for her direct ownership line item.

What is the Smith Family Trust’s Lemonade (LMND) share position in this filing?

The Smith Family Trust holds 38,944 shares of Lemonade common stock, reported as indirect ownership. Maria Angelidis-Smith is co-trustee and has voting and dispositive control over these trust-held shares according to the footnote disclosure.

Did Maria Angelidis-Smith buy or sell Lemonade (LMND) shares on the market?

The filing shows an equity award of 2,848 restricted stock units with a zero purchase price, not an open-market trade. There are no reported open-market purchases or sales in this Form 4 transaction summary.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/05/2026 - 05:12 PM EDT Learn about SEC filing dates

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^*

Angelidis-Smith Maria

(Last) (First) (Middle)

5 CROSBY STREET

3RD FLOOR

(Street)

NEW YORK 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)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK	06/03/2026		A		2,848(1)	A	$0	17,744	D
COMMON STOCK								38,944	I	Held by Smith 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. Represents an award of restricted stock units, which will vest and become exercisable 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.

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

Remarks:

	/s/ Timothy Bixby, Attorney-in-Fact for Maria Angelidis-Smith	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)