Lyft (LYFT) CAO sells 5,460 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
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 Trade Summary 10b5-1
Net Seller: 5,460 shares ($75,142)
Net Sell
1 txn
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)
- 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.
Key Figures
Shares sold: 5,460 shares
Weighted average sale price: $13.7622 per share
Post-transaction holdings: 335,463 shares
+2 more
5 metrics
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
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, restricted stock units (RSUs), contingent right
4 terms
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"
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.
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.