[144] Lyft, Inc. SEC Filing

Rhea-AI Filing Summary

Lyft, Inc. notice of proposed sale reports an intended sale of 30,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NASDAQ for an approximate aggregate market value of $467,100. The filer states the shares were acquired as restricted stock units from the issuer on 02/20/2024, with the acquisition and payment dated 02/20/2024. The filing shows the company has 397,910,877 shares outstanding. The filer indicates there were no securities sold for the account in the past three months and provides the standard Rule 144 representation about material nonpublic information and, if applicable, Rule 10b5-1 trading plans.

Positive

• Full disclosure of transaction details including broker, acquisition method, acquisition date, and aggregate value
• No sales in the past three months reported for the account, simplifying aggregation and compliance review

Negative

• Filer identity details are incomplete in provided content; the filing text does not state the specific person or role for whose account the sale is proposed

Insights

Securities Analyst

TL;DR: Officer/insider plans to sell 30,000 RSU-derived shares via Morgan Stanley; transaction size is immaterial to market cap.

The notice documents a routine Rule 144 filing for 30,000 common shares valued at $467,100, acquired as restricted stock units on 02/20/2024 and slated for sale on 08/20/2025 via Morgan Stanley Smith Barney LLC on NASDAQ. Relative to the reported outstanding share count of 397,910,877, the proposed sale represents a very small fraction of total equity and is not likely to move the market. The filing includes the standard insider attestation regarding material nonpublic information and reports no prior sales in the last three months.

Corporate Governance Expert

TL;DR: This is a standard insider disposition notice with required attestations; governance disclosure appears complete for Rule 144 purposes.

The Form 144 provides necessary details: class, broker, quantity, aggregate value, acquisition method (RSUs), acquisition date, and lack of recent sales. It includes the declaration about material adverse information and reference to 10b5-1 plan adoption if applicable. No governance red flags are evident from the form alone, though the filing does not state the seller's title or relationship beyond the form fields provided.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	30000	467100.00	397910877	08/20/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/20/2024	Restricted Stock Units	Issuer			30000	02/20/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Lyft's (LYFT) Form 144 report?

The Form 144 reports a proposed sale of 30,000 common shares via Morgan Stanley Smith Barney LLC on NASDAQ with an aggregate market value of $467,100.

When were the shares acquired that are proposed for sale on LYFT Form 144?

The shares were acquired as restricted stock units from the issuer on 02/20/2024 with acquisition/payment dated the same day.

How many LYFT shares are outstanding according to the filing?

The filing lists 397,910,877 shares outstanding.

Does the Form 144 show prior sales in the last three months for this account?

The filing states Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.

Which broker will handle the proposed LYFT share sale?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, New York, NY.