Lyft (LYFT) director Janey Whiteside receives 928-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lyft, Inc. director Janey Whiteside received an equity grant rather than buying shares on the market. On April 20, 2026, she acquired 928 shares of Class A Common Stock at $0.00 per share through fully vested restricted stock units (RSUs) granted in lieu of quarterly cash retainers.
Each RSU represents the right to receive one share of Class A Common Stock. After this grant, Whiteside directly holds 61,084 shares, including other RSUs that remain subject to their vesting schedules and conditions under Lyft’s Outside Director Compensation Policy.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Whiteside Janey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 928 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 61,084 shares (Direct, null)
Footnotes (1)
- These securities are fully vested restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs were granted to the Reporting Person in lieu of quarterly cash retainers, at the election of the Reporting Person, under the Issuer's Outside Director Compensation Policy. Certain of these securities are 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.
Key Figures
RSU shares granted: 928 shares
Price per share: $0.00 per share
Total shares after grant: 61,084 shares
+2 more
5 metrics
RSU shares granted
928 shares
Fully vested RSUs granted on April 20, 2026
Price per share
$0.00 per share
Reported transaction price for RSU grant
Total shares after grant
61,084 shares
Direct holdings following the RSU award
Transaction code
A (grant, award, or other acquisition)
SEC Form 4 non-derivative transaction classification
Security type
Class A Common Stock
Underlying shares deliverable upon RSU settlement
Key Terms
restricted stock units (RSUs), Class A Common Stock, Outside Director Compensation Policy, transaction code "A"
4 terms
restricted stock units (RSUs) financial
"These securities are fully vested restricted stock units (RSUs). Each RSU represents a contingent right..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Outside Director Compensation Policy financial
"The RSUs were granted ... under the Issuer's Outside Director Compensation Policy."
transaction code "A" regulatory
"transaction_code": "A", "transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Lyft (LYFT) director Janey Whiteside report in this Form 4?
Janey Whiteside reported receiving an equity grant of 928 shares of Lyft Class A Common Stock. The shares came as fully vested restricted stock units (RSUs) granted under Lyft’s Outside Director Compensation Policy in lieu of quarterly cash retainers for her board service.
What are RSUs in the context of this Lyft (LYFT) Form 4 filing?
Restricted stock units (RSUs) are rights to receive shares in the future, subject to conditions. In this filing, each RSU represents one share of Lyft Class A Common Stock, with some fully vested and others subject to an applicable vesting schedule and conditions under company policies.
Why did Lyft (LYFT) grant RSUs instead of paying cash to Janey Whiteside?
The footnotes state the RSUs were granted in lieu of quarterly cash retainers. Under Lyft’s Outside Director Compensation Policy, Whiteside elected to receive her retainer as fully vested RSUs, aligning a portion of her board compensation with Lyft’s equity instead of cash.