STOCK TITAN

Lyft (LYFT) director receives 18,453 RSUs equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
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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).
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*
Stevenson Betsey

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
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 Stock06/03/2026A18,453(1)A$068,903(2)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 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.
2. 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.
/s/ Kevin C. Chen, by power of attorney06/05/2026
** 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 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 many Lyft (LYFT) shares does Betsey Stevenson hold after this RSU grant?

After the RSU grant, Betsey Stevenson holds 68,903 shares of Lyft Class A Common Stock directly. This total reflects the newly awarded 18,453 restricted stock units, which convert into shares only as they vest under the specified schedule and 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.

Is Betsey Stevenson’s Lyft (LYFT) RSU grant an open-market share purchase?

No, the 18,453 RSUs were reported with code “A” as a grant or award, not an open-market purchase. The grant price is shown as $0.0000 per share, indicating compensation-related equity rather than a cash transaction executed in the public market.