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  4. [Form 4] Lyft, Inc. Insider Trading Activity

Lyft CFO Erin Brewer files Form 4 for LYFT stock transactions

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Lyft, Inc. chief financial officer Erin Brewer reported equity transactions in Lyft Class A common stock. The disclosure shows 59,147 shares withheld by Lyft to satisfy tax withholding and remittance obligations tied to the net settlement of restricted stock units, which is described as not a sale by Brewer. The filing also records a transfer of 51,303 shares out of Brewer’s direct holdings and an equivalent 51,303 shares into the Erin M. Brewer 2022 Trust, for which she serves as trustee. Following these transactions, Brewer beneficially owns 1,205,205 shares directly and 577,062 shares indirectly through the trust.

Positive

  • None.

Negative

  • None.
Insider Brewer Erin
Role CHIEF FINANCIAL OFFICER
Type Security Shares Price Value
Tax Withholding Class A Common Stock 59,147 $21.21 $1.25M
Gift Class A Common Stock 51,303 $0.00 --
Gift Class A Common Stock 51,303 $0.00 --
Holdings After Transaction: Class A Common Stock — 1,256,508 shares (Direct); Class A Common Stock — 577,062 shares (Indirect, See Footnote)
Footnotes (1)
  1. Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs) and does not represent a sale by the Reporting Person. 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. These shares are held by the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which the Reporting Person serves as trustee.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
Brewer Erin
(Last) (First) (Middle)
C/O LYFT, INC.
185 BERRY STREET, SUITE 400
(Street)
SAN FRANCISCO CA 94107
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Lyft, Inc. [ LYFT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 11/20/2025 F 59,147(1) D $21.21 1,256,508(2) D
Class A Common Stock 11/20/2025 G 51,303 D $0 1,205,205(2) D
Class A Common Stock 11/20/2025 G 51,303 A $0 577,062 I See Footnote(3)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs) and does not represent a sale by the Reporting Person.
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.
3. These shares are held by the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which the Reporting Person serves as trustee.
/s/ Kevin C. Chen, by power of attorney 11/21/2025
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Lyft (LYFT) CFO Erin Brewer report on this Form 4?

The Form 4 reports equity transactions in Lyft Class A common stock by CFO Erin Brewer, including RSU-related tax share withholding and a transfer of shares to a trust.

How many LYFT shares were withheld for taxes for Erin Brewer?

The filing states that 59,147 shares of Lyft Class A common stock were withheld by the issuer to satisfy tax withholding and remittance obligations related to restricted stock units.

Were the withheld Lyft (LYFT) shares considered a sale by the CFO?

No. The explanation specifies that the 59,147 withheld shares were taken by Lyft to cover tax obligations and do not represent a sale by Erin Brewer.

What share transfers involving the Erin M. Brewer 2022 Trust were reported?

The Form 4 reports 51,303 shares moved out of Erin Brewer’s direct holdings and 51,303 shares acquired by the Erin M. Brewer 2022 Trust, where she serves as trustee.

How many LYFT shares does Erin Brewer beneficially own after these transactions?

After the reported transactions, Erin Brewer beneficially owns 1,205,205 shares of Lyft Class A common stock directly and 577,062 shares indirectly through the 2022 trust.

What are the RSUs mentioned in Erin Brewer’s Lyft (LYFT) Form 4?

The filing notes that certain reported securities are restricted stock units (RSUs), where each RSU represents a contingent right to receive one share of Class A common stock, subject to vesting conditions.