STOCK TITAN

Lyft (LYFT) CAO sells 5,460 shares under Rule 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Lyft, Inc. Chief Accounting Officer Stephen W. Hope sold 5,460 shares of Class A Common Stock in an open-market transaction. The shares were sold at a weighted average price of $13.7622 per share, through multiple trades between $13.64 and $13.92. Following this Rule 10b5-1 plan trade, he directly holds 335,463 shares.

Positive

  • None.

Negative

  • None.
Insider Hope Stephen W.
Role CHIEF ACCOUNTING OFFICER
Sold 5,460 shs ($75K)
Type Security Shares Price Value
Sale Class A Common Stock 5,460 $13.7622 $75K
Holdings After Transaction: Class A Common Stock — 335,463 shares (Direct, null)
Footnotes (1)
  1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 4, 2025. This transaction was executed in multiple trades at prices ranging from $13.64 to $13.92. 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. 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.
Shares sold 5,460 shares Open-market sale on May 27, 2026
Weighted average sale price $13.7622 per share Class A Common Stock sale
Post-transaction holdings 335,463 shares Shares directly owned after sale
Price range of trades $13.64–$13.92 per share Multiple executions making up the sale
Net shares sold 5,460 shares Net-sell direction in transaction summary
Rule 10b5-1 trading plan regulatory
"These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
restricted stock units (RSUs) financial
"Certain of these securities are restricted stock units (RSUs)"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock"
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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 CALIFORNIA 94107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Lyft, Inc. [ LYFT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF ACCOUNTING OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/27/2026S(1)5,460D$13.7622(2)335,463(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $13.64 to $13.92. 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.
/s/ Kevin C. Chen, by power of attorney05/29/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Lyft (LYFT) report for Stephen W. Hope?

Lyft reported that Chief Accounting Officer Stephen W. Hope sold 5,460 Class A shares. The open-market sale occurred at a weighted average price of $13.7622 per share, leaving him with 335,463 shares directly owned after the transaction.

At what price did the Lyft (LYFT) CAO sell his 5,460 shares?

The 5,460 Lyft shares were sold at a weighted average price of $13.7622. The trades were executed in multiple transactions, with individual prices ranging from $13.64 to $13.92, according to the disclosure language in the Form 4 filing.

How many Lyft (LYFT) shares does the CAO hold after this Form 4 sale?

After selling 5,460 shares, Lyft’s Chief Accounting Officer directly holds 335,463 Class A shares. This figure reflects his position immediately following the reported open-market transaction disclosed in the Form 4 insider trading report.

Was the Lyft (LYFT) insider sale made under a Rule 10b5-1 plan?

Yes, the filing states the shares were sold under a Rule 10b5-1 trading plan. The plan was adopted by the reporting person on September 4, 2025, indicating the sale was pre-arranged rather than a spontaneous market decision.

What does the mention of restricted stock units (RSUs) mean in the Lyft (LYFT) filing?

The filing notes that certain securities referenced are restricted stock units, or RSUs. Each RSU represents a contingent right to receive one Class A share, subject to vesting schedules and other conditions described in the applicable award agreements.