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Lyft (NASDAQ: LYFT) board member lines up Rule 144 stock sale

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(Neutral)
Form Type
144

Rhea-AI Filing Summary

Lyft, Inc. (LYFT) received a notice from director David Lawee of a proposed sale of Lyft common stock under Rule 144. The notice covers up to 4,613 shares of common stock, with an aggregate market value of approximately $80,220.07, to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on the NASDAQ market. The shares relate to restricted stock units acquired from the issuer on 08/20/2026, with sales expected to begin on or after 08/27/2026.

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Shares proposed to be sold 4,613 shares of common stock Maximum number of Lyft shares covered by the Form 144 notice
Aggregate market value $80,220.07 Aggregate market value of the 4,613 Lyft shares listed in the notice
Earliest sale date 08/27/2026 Date from which the covered Lyft shares may be sold
Acquisition date of RSUs 08/20/2026 Date the restricted stock units from the issuer are listed as acquired
CUSIP / Identifier 378540249 Security identifier listed for the Lyft common stock
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 08/20/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services ... | 80220.07"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What does the Form 144 filing disclose about LYFT insider David Lawee?

The filing states that David Lawee, a director of Lyft, Inc. (LYFT), has filed a Rule 144 notice for a proposed sale of up to 4,613 shares of Lyft common stock, to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services.

How many LYFT shares are covered by this Form 144 and what is their value?

The notice covers up to 4,613 shares of Lyft common stock, with an aggregate market value of approximately $80,220.07. These figures are listed in the securities information section of the Form 144.

When were the LYFT shares acquired and when may they be sold under this Form 144?

The shares relate to restricted stock units acquired from Lyft on 08/20/2026. The Form 144 indicates that sales of the covered shares may begin on or after 08/27/2026 on the NASDAQ market.

What type of LYFT securities are included in David Lawee’s Form 144 filing?

The filing covers common stock of Lyft, Inc. (LYFT) that is tied to restricted stock units acquired from the issuer, as described in the securities to be sold section.

Which broker is named in the LYFT Form 144 for the proposed sale?

The proposed sale of Lyft common stock is listed as being handled through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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