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[Form 4] Lyft, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Lyft, Inc. (LYFT) reported an insider equity transaction by its Chief Accounting Officer on 11/20/2025. The filing shows that 6,624 shares of Class A common stock were withheld by Lyft to cover tax withholding and remittance obligations related to the net settlement of restricted stock units (RSUs), at a reference price of $21.21 per share. This withholding is an administrative step tied to equity compensation and is explicitly noted as not a sale by the reporting person.

After this tax-related withholding, the officer beneficially owns 316,709 shares of Lyft Class A common stock. The explanation further clarifies that certain of these holdings are RSUs, each representing a contingent right to receive one share of Class A common stock, subject to applicable vesting schedules and conditions.

Positive

  • None.

Negative

  • None.
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*
Hope Stephen W.

(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 ACCOUNTING 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 6,624(1) D $21.21 316,709(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)
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.
/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.

FAQ

What insider transaction did Lyft (LYFT) report in this Form 4?

The Form 4 reports that Lyft's Chief Accounting Officer had 6,624 shares of Class A common stock withheld on 11/20/2025 to satisfy tax withholding obligations related to the net settlement of RSUs.

Was there an open market sale of Lyft (LYFT) shares in this filing?

No. The filing states that the 6,624 shares were withheld by the issuer to cover tax withholding and remittance obligations and do not represent a sale by the reporting person.

How many Lyft (LYFT) shares does the reporting person own after this transaction?

Following the reported transaction, the Chief Accounting Officer beneficially owns 316,709 shares of Lyft Class A common stock.

What price is associated with the Lyft (LYFT) shares withheld for taxes?

The Class A common stock withheld for tax purposes is reported at a price of $21.21 per share.

What are the RSUs mentioned in the Lyft (LYFT) Form 4?

The filing explains that certain of the reported securities are restricted stock units (RSUs), with each RSU representing a contingent right to receive one share of Lyft Class A common stock, subject to the applicable vesting schedule and conditions.

What is the role of the reporting person in Lyft (LYFT)?

The reporting person is an officer of Lyft, serving as the company's Chief Accounting Officer.

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Software - Application
Services-business Services, Nec
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United States
SAN FRANCISCO