Lyft (LYFT) director granted 4,842 restricted stock units in 2026

Rhea-AI Filing Summary

Lyft, Inc. director Deborah Hersman received an equity award of 4,842 restricted stock units (RSUs) of Class A Common Stock on January 25, 2026. The RSUs were granted at a price of $0 as part of her director compensation and are held directly.

All 4,842 RSUs will vest in full on the earlier of May 20, 2026 or the day before Lyft’s 2026 annual stockholder meeting, if she continues as a service provider until then. Once vested, the shares will be delivered either immediately before a change in control of Lyft or within 60 days after her retirement or separation from service.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hersman Deborah

(Last) (First) (Middle)

C/O LYFT, INC.

185 BERRY STREET, SUITE 400

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Lyft, Inc. [ LYFT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	01/25/2026		A		4,842(1)	A	$0	4,842(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. 100% of the RSUs shall vest on the earlier of May 20, 2026 or the day prior to the date of the Issuer's 2026 annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through such date. Vested RSUs will be delivered to the Reporting Person on the earlier of (i) immediately prior to a change in control of the Issuer or (ii) within 60 days following the Reporting Person's retirement or separation from service with the Issuer and all of its affiliates.

	/s/ Kevin C. Chen, by power of attorney	01/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did LYFT director Deborah Hersman report on this Form 4?

Deborah Hersman reported receiving 4,842 restricted stock units of Lyft Class A Common Stock. The award was granted on January 25, 2026 at a price of $0 per unit as part of her director equity compensation.

When do Deborah Hersman’s 4,842 Lyft (LYFT) RSUs vest?

All 4,842 RSUs vest in a single tranche on the earlier of May 20, 2026 or the day prior to Lyft’s 2026 annual meeting of stockholders, provided she continues as a service provider through that vesting date.

How will Deborah Hersman receive the Lyft (LYFT) shares from her RSUs?

After vesting, the RSUs will be settled in Lyft Class A shares. Delivery occurs either immediately before a change in control of Lyft or within 60 days following her retirement or separation from service with Lyft and its affiliates.

Is Deborah Hersman’s Lyft (LYFT) RSU grant a market purchase of shares?

The transaction is an equity award, not a market purchase. Lyft granted 4,842 restricted stock units at a price of $0 per unit, which convert into Class A shares upon vesting and later delivery under the plan terms.

How many Lyft (LYFT) shares does Deborah Hersman hold after this RSU award?

Following the reported transaction, she beneficially owns 4,842 shares represented by restricted stock units. These RSUs give her the right to receive an equivalent number of Lyft Class A Common Stock shares once they vest and are delivered.