LYFT Insider Notice: 91,200 RSU Shares to Be Sold on 09/15/2025
Rhea-AI Filing Summary
Lyft, Inc. (LYFT) filed a Form 144 notifying the proposed sale of 91,200 shares of common stock through Morgan Stanley Smith Barney LLC on or about 09/15/2025, with an aggregate market value of $1,698,144.00. The shares were acquired as restricted stock units on 03/28/2019 and payment was recorded the same day. The filing reports 397,910,877 shares outstanding and notes no sales by the reporting person in the prior three months. The filer certifies they do not possess undisclosed material information and includes standard Rule 10b5-1 acknowledgement language.
Positive
- Transparency: The filing discloses number of shares, aggregate market value, sale date, broker, and acquisition details as required under Rule 144.
- Origin of shares disclosed: The securities were acquired as restricted stock units on 03/28/2019, clarifying these are issuer awards rather than purchases.
- No recent sales: The report states "Nothing to Report" for securities sold during the past three months, indicating no recent aggregated insider disposals.
Negative
- None.
Insights
TL;DR: This is a routine Rule 144 notice for insider-originated RSU shares; quantity and value are disclosed and prior three-month sales are nil.
The filing documents a proposed controlled sale of 91,200 shares valued at $1,698,144, executed through Morgan Stanley Smith Barney LLC. The securities were originally granted as restricted stock units on 03/28/2019, indicating these were issuer-originated equity awards rather than open-market purchases. The filing supplies basic transparency required under Rule 144 and confirms no reportable sales in the past three months. From a market-materiality perspective, the shares represent a very small fraction of the reported outstanding shares, and the filing itself is a standard compliance disclosure rather than an operational update.
TL;DR: The notice reflects procedural compliance with insider-sale disclosure rules and includes the mandatory attestations about material nonpublic information.
The document contains the customary representation that the selling person does not possess undisclosed material adverse information and references reliance on Rule 10b5-1 if applicable. It also states there were no aggregated sales to report over the prior three months. The submission omits filer CIK and contact fields in the provided extract, which are typically present in official filings; if absent in the live filing, that would be an administrative omission to rectify.