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