Lyft CAO logs stock sale and new equity grants
Lyft, Inc. chief accounting officer Stephen W. Hope reported multiple transactions in Class A common stock.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,284 | $13.8324 | $73K |
| Grant/Award | Class A Common Stock | 19,053 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 28,736 | $0.00 | $0.00 |
Footnotes (5)
- F1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 4, 2025.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
FAQ
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