Lyft (NASDAQ: LYFT) board member lines up Rule 144 stock sale
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.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed to be sold: 4,613 shares of common stock
Aggregate market value: $80,220.07
Earliest sale date: 08/27/2026
+2 more
5 metrics
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
Key Terms
Rule 144, Restricted Stock Units, aggregate market value
3 terms
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.
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.