Lyft (LYFT) chief accounting officer sells shares and receives RSU, PSU awards

Rhea-AI Filing Summary

Lyft, Inc. chief accounting officer Stephen W. Hope reported multiple transactions in Class A common stock. He sold 5,284 shares in an open-market sale at a weighted average price of $13.8324 per share under a Rule 10b5-1 trading plan adopted on September 4, 2025. He also acquired 19,053 restricted stock units and 28,736 performance-based restricted stock units for no cash cost, each representing a right to receive one share subject to multi-year stock price and service-based vesting starting on February 27, 2026.

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).

X

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^*

Hope Stephen W.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		S(1)		5,284	D	$13.8324(2)	300,570(3)	D
Class A Common Stock	02/27/2026		A		19,053(4)	A	$0	319,623(3)	D
Class A Common Stock	02/27/2026		A		28,736(5)	A	$0	348,359(3)	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 shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 4, 2025.

2. This transaction was executed in multiple trades at prices ranging from $13.74 to $13.93. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

3. Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.

4. These securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock. One-twelfth of the RSUs shall vest on May 20, 2026 and on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.

5. These securities are performance-based restricted stock units (PSUs). Each PSU represents a contingent right to receive one share of Class A Common Stock. The PSUs are eligible to vest in four tranches based on the Issuer's stock price performance over certain performance periods during the four years beginning on February 27, 2026. Upon achievement of a stock price performance target and certification of achievement by the Compensation Committee of the Issuer's Board of Directors, the PSUs in the applicable tranche will vest in full if certain service-based vesting conditions applicable to such tranche have been met, subject to the Reporting Person continuing as a service provider through each such date.

	/s/ Kevin C. Chen, by power of attorney	03/03/2026
	** 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 transactions did Lyft (LYFT) report for Stephen W. Hope?

Stephen W. Hope reported both a sale and equity awards. He sold 5,284 shares of Class A common stock and received grants of restricted stock units and performance-based restricted stock units, all in a single reporting date, reflecting routine compensation and trading activity.

How many Lyft (LYFT) shares did Stephen W. Hope sell and at what price?

He sold 5,284 Lyft Class A shares. The open-market sale used a Rule 10b5-1 trading plan and was executed at a weighted average price of $13.8324 per share, based on multiple trades within a disclosed price range.

Were Stephen W. Hope’s Lyft (LYFT) stock sales pre-planned?

The filing states the sale followed a Rule 10b5-1 plan. These 5,284 shares were sold under a trading plan adopted on September 4, 2025, which allows preset instructions for selling shares over time.

What Lyft (LYFT) restricted stock units did Stephen W. Hope receive?

He received 19,053 restricted stock units (RSUs). Each RSU represents a contingent right to one share of Class A common stock, with one-twelfth scheduled to vest on May 20, 2026 and then every three months, subject to continued service.

What are the performance-based RSUs granted to Stephen W. Hope at Lyft (LYFT)?

He was granted 28,736 performance-based RSUs (PSUs). Each PSU can convert into one share if Lyft’s stock price meets specified performance targets over four years starting February 27, 2026, and related service-based vesting conditions are satisfied.

How many Lyft (LYFT) shares does Stephen W. Hope hold after these transactions?

His reported direct holdings increased after the awards. Following the sale and grants, total reported direct holdings rose through added RSUs and PSUs, which each represent rights to receive one share upon satisfying vesting and performance conditions.