Lyft director granted 18,453 RSUs
Stephenson Dave reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Stephenson Dave reported acquisition or exercise transactions in this Form 4 filing.
Lyft, Inc. director Dave Stephenson received a grant of 18,453 restricted stock units (RSUs) of Class A Common Stock at no cash cost. After this award, he holds 106,064 shares directly.
The RSUs vest in four equal installments on August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day before Lyft’s 2027 annual stockholder meeting, as long as he continues as a service provider through each date.
Insider Trade Summary
Grant/Award: 18,453 shares
Grant/Award
1 txn
Insider
Stephenson Dave
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 18,453 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 106,064 shares (Direct)
Footnotes (2)
- F1. These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-fourth of the RSUs shall vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day prior to the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through each such date.
- F2. 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
RSUs granted: 18,453 shares
Shares held after grant: 106,064 shares
Grant price: $0.00 per share
+2 more
5 metrics
RSUs granted
18,453 shares
Restricted stock units of Class A Common Stock granted to director
Shares held after grant
106,064 shares
Total direct Class A Common Stock holdings after transaction
Grant price
$0.00 per share
Equity award received at no cash cost to the director
First vesting date
August 20, 2026
One-fourth of RSUs vest on this date, subject to continued service
Final vesting window
May 20, 2027
Final tranche vests on this date or day before 2027 annual meeting
Key Terms
restricted stock units (RSUs), Class A Common Stock, vesting schedule, service provider
4 terms
restricted stock units (RSUs) financial
"These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share"
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.
vesting schedule financial
"subject to the applicable vesting schedule and conditions of each RSU"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
service provider financial
"subject to the Reporting Person continuing as a service provider through each such date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LYFT director Dave Stephenson report on this Form 4?
Dave Stephenson reported receiving 18,453 restricted stock units (RSUs) of Lyft Class A Common Stock. The award is a stock-based compensation grant at no cash cost, increasing his direct holdings to 106,064 shares after the transaction.
What is the vesting schedule for Dave Stephenson’s new LYFT RSU award?
The 18,453 Lyft RSUs vest in four equal parts on August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day before Lyft’s 2027 annual stockholder meeting, subject to continued service.
What does each Lyft (LYFT) RSU granted to Dave Stephenson represent?
Each restricted stock unit (RSU) awarded to Dave Stephenson represents a contingent right to receive one share of Lyft Class A Common Stock. Delivery of these shares depends on meeting the specified vesting dates and continued service requirements.
Was Dave Stephenson’s LYFT Form 4 transaction a market buy or sell?
No, the Form 4 reflects a grant of 18,453 RSUs to Dave Stephenson, not a market purchase or sale. The reporting code is “A,” indicating a grant or award acquisition of equity-based compensation from Lyft.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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