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Insider Notice: LYFT 2,428,750 Shares Proposed Sale on 10/03/2025

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Lyft, Inc. Form 144 notifies a proposed sale of 2,428,750 common shares through Fidelity Brokerage Services LLC with an aggregate market value of $54,914,037.50. The filing lists the approximate sale date as 10/03/2025 and the securities exchange as NASDAQ. The issuer’s outstanding shares are stated as 397,910,877, which provides context for the size of the proposed sale relative to the company’s float.

The filer’s acquisition history shows multiple lots of Class A, Class B, and common shares acquired as founder shares, RSU grants, and option grants between 2008 and 2025. The filing also lists four reported sales in the past three months by John Patrick Zimmer on 09/15/2025 and 09/16/2025 totaling 1,560,460 shares for gross proceeds shown across the trades.

Positive

  • Compliance disclosure filed under Rule 144 documenting the proposed sale
  • Acquisition history provided showing holding periods back to 2008

Negative

  • Large proposed sale of 2,428,750 shares valued at $54,914,037.50
  • Recent insider sales of 1,560,460 shares in Sept 2025 reported in the filing

Insights

Form 144 filed for proposed insider sale of $54.9M of Lyft common stock.

The filing documents a proposed sale of 2,428,750 shares with an aggregate market value of $54,914,037.50 and specifies an approximate sale date of 10/03/2025. It names the broker as Fidelity Brokerage Services LLC and lists the market listing as NASDAQ, consistent with required disclosure under Rule 144.

The form includes acquisition provenance for the securities, showing founder shares and multiple grants dating from 2008 through 2025, which helps establish holding periods relevant to Rule 144 resale conditions.

Recent sales by John Patrick Zimmer total significant share volume in September 2025.

The filing reports four sales by John Patrick Zimmer on 09/15/2025 and 09/16/2025 totaling 1,560,460 shares with reported gross proceeds across the trades (examples: 1,002,260 shares for $20,486,194.00 and 400,000 shares for $8,176,000.00), which are disclosed as sales during the prior three months. These sales are documented alongside the new proposed sale and are material to assessing recent insider liquidity.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does Lyft (LYFT) Form 144 disclose?

The Form 144 discloses a proposed sale of 2,428,750 common shares valued at $54,914,037.50, an approximate sale date of 10/03/2025, and the broker Fidelity Brokerage Services LLC.

Who is the filer named in the Form 144 for LYFT?

The filing lists transactions by John Patrick Zimmer and provides his recent sales activity in September 2025.

How many shares outstanding does the filing list for Lyft?

The Form 144 lists 397,910,877 shares outstanding.

What recent insider sales are reported before the proposed sale?

Four sales on 09/15/2025 and 09/16/2025 totaling 1,560,460 shares with reported gross proceeds shown per transaction.

What types of acquisitions produced the shares being sold?

The acquisition table lists founder shares, RSU grants, and option grants (NSO/ISO) dated between 2008 and 2025.
Lyft Inc

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Software - Application
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United States
SAN FRANCISCO