LYFT insider files Form 144 to sell ~1.0M shares via Morgan Stanley

Rhea-AI Filing Summary

Form 144 notice for Lyft, Inc. (LYFT) shows a proposed sale of 1,002,260 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $20,486,194.40 and an approximate sale date of 09/16/2025 on NASDAQ. The shares were acquired as restricted stock units (423,693 shares, dated 11/20/2019) and from previously exercised stock options (578,567 shares, dated 03/15/2019). The filing also discloses recent 10b5-1 sales on 09/15/2025 totaling 141,200 shares for gross proceeds of $2,824,032.28, including sales by John Zimmer and the Zimmer 2014 Irrevocable Trust.

Insights

Securities Compliance Analyst

TL;DR: Routine Form 144 filing documenting an officer's planned sale of roughly 1.0M shares under Rule 144 and prior 10b5-1 activity.

This filing provides the statutory notice required when restricted or control securities are proposed to be sold publicly. It lists the broker, the approximate sale date, the class and exact share counts, and acquisition history distinguishing restricted stock units and exercised options. The inclusion of recent 10b5-1 sales indicates some sales are governed by pre-established trading plans, which helps reduce concerns about selective insider timing.

Equity Markets Analyst

TL;DR: Significant insider share disposal is disclosed, showing meaningful volume but no additional company performance data.

The notice details a proposed sale valued at about $20.5 million and shows recent executed 10b5-1 sales totaling roughly $2.8 million. While the sizes are material in absolute dollar terms, the filing contains no operational or financial results to assess impact on the company. The information is transaction-focused and does not by itself imply change to Lyft's corporate outlook.

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	1002260	20486194.40	397910877	09/16/2025	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	11/20/2019	Restricted Stock Units	Issuer			423693	11/20/2019	N/A
Common	03/15/2019	Previously Exercised Stock Options	Issuer			578567	03/15/2019	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for JOHN ZIMMER 185 Berry Street Suite 400 San Francisco CA 94107	Common	09/15/2025	91200	1824857.28
10b5-1 Sales for THE ZIMMER 2014 IRV TRUST AGREEMENT U/A DTD 06/16/2014 185 Berry Street Suite 400 San Francisco CA 94107	Common	09/15/2025	50000	1000175.00

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

How many Lyft (LYFT) shares are proposed for sale on this Form 144?

The notice proposes sale of 1,002,260 common shares with an aggregate market value of $20,486,194.40.

Which broker is handling the proposed sale of LYFT shares?

The sale is to be handled by Morgan Stanley Smith Barney LLC, Executive Financial Services located at 1 New York Plaza, New York, NY.

What is the acquisition history of the shares to be sold?

Shares originated from restricted stock units (423,693 shares dated 11/20/2019) and previously exercised stock options (578,567 shares dated 03/15/2019).

Were there recent related sales disclosed in the filing?

Yes. The filing discloses 10b5-1 sales on 09/15/2025: John Zimmer sold 91,200 shares for $1,824,857.28; the Zimmer 2014 Irrevocable Trust sold 50,000 shares for $1,000,175.00.

On which exchange are the proposed shares expected to be sold?

The filing lists the NASDAQ as the securities exchange for the proposed sale.