[144] Lyft, Inc. SEC Filing

Rhea-AI Filing Summary

Lyft, Inc. (LYFT) filed a Form 144 notifying a proposed sale of 14,606 common shares through Charles Schwab & Co., Inc., with an aggregate market value of $292,120 and an approximate sale date of 09/15/2025. The securities were acquired as RSU/PSU awards on 05/20/2025 from Lyft, Inc., with payment characterized as Equity Compensation. The filer also reported prior sales of 28,356 Lyft shares on 08/22/2025 yielding gross proceeds of $449,300 attributed to Catherine Lindsay Llewellyn. The filing includes a standard representation that the seller is not aware of any undisclosed material adverse information.

Positive

• Compliance: Form 144 filed, providing required disclosure about the proposed sale and acquisition details
• Transparency: Includes acquisition date (05/20/2025), nature of acquisition (RSU/PSU), broker name, and aggregate market value ($292,120)

Negative

• Insider selling: Proposed sale of 14,606 shares and a prior sale of 28,356 shares could be perceived negatively by some investors
• Missing context: Filing does not state the filers relationship to the issuer or post-sale ownership, limiting assessment of materiality

Insights

Securities Analyst

TL;DR: Insider plans to sell newly vested equity (14,606 shares, $292k) after an earlier sale of 28,356 shares for $449k.

The Form 144 documents a proposed sale of RSU/PSU-derived shares acquired on 05/20/2025. The transaction appears to be routine monetization of equity compensation through a broker-dealer, Charles Schwab. The size—14,606 shares valued at $292,120—is small relative to public-company market caps but is meaningful as an insider liquidity event. The filing provides clear dates, amounts, and prior sale activity which helps market transparency. Missing from the filing are the filers relationship to the issuer and total ownership post-sale, which limits assessment of share dilution or insider ownership trends.

Corporate Governance Expert

TL;DR: Filing complies with Rule 144 disclosure; indicates insider cashing equity compensation with prior recent disposition.

The notice reflects compliance with Rule 144 for sales of restricted stock units or performance units. Reporting the acquisition date, nature of acquisition, broker, and aggregate market value meets disclosure expectations. The prior sale on 08/22/2025 signals continuing insider liquidity. From a governance perspective, the forms absence of the filers stated relationship to the issuer reduces context for evaluating potential conflicts or signaling. The standard certification against undisclosed material information is present.

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	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	14606	292120.00	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	05/20/2025	RSU / PSU	LYFT INC			14606	05/20/2025	Equity Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Catherine Lindsay Llewellyn 185 BERRY STREET, SUITE 400 SAN FRANCISCO CA 94107	Lyft, Inc.	08/22/2025	28356	449300.00

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 the LYFT Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 14,606 common shares through Charles Schwab with an aggregate market value of $292,120 and an approximate sale date of 09/15/2025.

How were the shares being sold acquired according to the filing?

The shares were acquired on 05/20/2025 as RSU/PSU awards from Lyft, Inc., with payment described as Equity Compensation.

Does the filing show any recent sales by the same person?

Yes; the filing reports a prior sale of 28,356 Lyft shares on 08/22/2025 with gross proceeds of $449,300 attributed to Catherine Lindsay Llewellyn.

Which broker is handling the proposed sale?

The proposed sale lists Charles Schwab & Co., Inc. located at 3000 Schwab Way, Westlake, TX 76262 as the broker.

Does the Form 144 assert anything about undisclosed information?

Yes; by signing, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.