Lyft (LYFT) director receives 18,453 RSUs equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stevenson Betsey reported acquisition or exercise transactions in this Form 4 filing.
Lyft, Inc. director Betsey Stevenson reported receiving a grant of 18,453 shares of Class A Common Stock in the form of restricted stock units (RSUs). Following this award, she holds 68,903 shares directly. Each RSU represents a right to receive one share of Class A Common Stock.
One-fourth of the RSUs 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 Lyft’s 2027 annual stockholder meeting, contingent on her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stevenson Betsey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 18,453 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 68,903 shares (Direct, null)
Footnotes (1)
- 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. 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 grant size: 18,453 shares
Share holdings after grant: 68,903 shares
Grant price per share: $0.0000 per share
+4 more
7 metrics
RSU grant size
18,453 shares
Restricted stock units awarded on June 3, 2026
Share holdings after grant
68,903 shares
Total Class A Common Stock directly held after transaction
Grant price per share
$0.0000 per share
Compensation-related RSU award, not open-market purchase
First vesting date
August 20, 2026
One-fourth of RSUs vest, subject to continued service
Second vesting date
November 20, 2026
Additional one-fourth of RSUs vest with continued service
Third vesting date
February 20, 2027
Another one-fourth of RSUs vest with continued service
Final vesting date trigger
May 20, 2027 or pre-2027 meeting
Remaining RSUs vest on earlier of date or day before 2027 annual meeting
Key Terms
restricted stock units (RSUs), vesting, Class A Common Stock, grant, award, or other acquisition
4 terms
restricted stock units (RSUs) financial
"These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock."
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.
vesting financial
"One-fourth of the RSUs shall vest on each of August 20, 2026, November 20, 2026, February 20, 2027..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Lyft (LYFT) director Betsey Stevenson report in this Form 4?
Betsey Stevenson reported receiving a grant of 18,453 restricted stock units in Lyft Class A Common Stock. These RSUs are part of her director compensation and increase her direct holdings to 68,903 shares, subject to the award’s vesting schedule and service conditions.
How do Betsey Stevenson’s 18,453 Lyft (LYFT) RSUs vest over time?
One-fourth of the 18,453 RSUs vest on August 20, 2026, November 20, 2026, and February 20, 2027. The remaining portion vests on the earlier of May 20, 2027 or the day before Lyft’s 2027 annual stockholder meeting, if she continues as a service provider.
What does each Lyft (LYFT) restricted stock unit (RSU) represent in this filing?
Each RSU represents a contingent right to receive one share of Lyft Class A Common Stock. The right only becomes actual stock upon vesting, which depends on satisfying the time-based service conditions described in the award’s vesting schedule and related terms.