LYFT insider sale notice: 250,000 shares via Morgan Stanley ($4.66M)

Rhea-AI Filing Summary

Lyft, Inc. Form 144 notice: A proposed sale of 250,000 shares of Lyft common stock is reported through Morgan Stanley Smith Barney, with an aggregate market value of $4,655,000.00. The shares represent approximately 250,000 of the 397,910,877 shares outstanding and are scheduled for sale on 09/15/2025 on NASDAQ. The securities were acquired as restricted stock units on 08/20/2021 from the issuer and fully paid on that date. The filing states no securities were sold by the reporting person in the prior three months. The signer also certifies they are unaware of undisclosed material adverse information.

Positive

• Disclosure includes acquisition details: acquisition date (08/20/2021) and nature (Restricted Stock Units) are provided
• Broker and sale mechanics disclosed: broker (Morgan Stanley Smith Barney) and planned sale date (09/15/2025) listed
• No recent sales: the filer reports Nothing to Report for sales in the past three months

Negative

• Filer identity missing in the provided text: CIK/name fields are empty in the extract
• Date of notice and signature fields not shown, limiting confirmation of filing timing and signer

Insights

Securities Analyst

TL;DR: Routine executive/insider sale notice for 250,000 shares; size is small relative to shares outstanding and appears procedural.

The Form 144 reports a proposed sale of 250,000 Lyft shares valued at $4.655 million through Morgan Stanley Smith Barney, acquired as RSUs in August 2021. Given total shares outstanding of 397.9 million, this sale represents about 0.063% of the outstanding shares, which is immaterial to market capitalization. The filing provides acquisition date, nature (RSUs), broker, planned sale date, and a representation of no undisclosed material information. The document lacks the filer CIK/name and the notice date in the visible fields, limiting identification of the specific insider.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure; contains required RSU origin and broker details but omits filer identity fields in the provided text.

The notice satisfies key Rule 144 elements: class of security, amount, market value, acquisition method (restricted stock units), and planned sale date. It also states that no sales occurred in the last three months and includes the standard certification about material nonpublic information and 10b5-1 reference. However, the extract shown does not include the filer CIK or the signature/date fields, which are necessary to confirm the reporting party and the effective notice date for regulatory and audit purposes.

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	250000	4655000.00	397910877	09/15/2025	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	08/20/2021	Restricted Stock Units	Issuer			250000	08/20/2021	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 (LYFT) Form 144 report?

The Form 144 reports a proposed sale of 250,000 shares of Lyft common stock with an aggregate market value of $4,655,000.00 via Morgan Stanley Smith Barney.

When were the securities acquired that are being sold?

The securities were acquired as Restricted Stock Units on 08/20/2021 and the filing lists the date of acquisition as 08/20/2021.

When is the proposed sale scheduled and on which exchange?

The approximate date of sale is listed as 09/15/2025 and the sale is to occur on NASDAQ.

How material is this sale relative to Lyft's outstanding shares?

The filing shows 250,000 shares versus 397,910,877 shares outstanding, about 0.063% of outstanding shares.

Were there any sales by the reporting person in the past three months?

The Form 144 states Nothing to Report for securities sold during the past three months.

Does the filing include a representation about material nonpublic information?

Yes. The filer represents by signing the notice they do not know any material adverse information about the issuer that has not been publicly disclosed.