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[Form 4] Lyft, Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Lyft, Inc. (LYFT) reported an insider equity transaction involving 32,419 shares of Class A common stock on 11/20/2025. The shares were withheld by the company to cover tax withholding and remittance obligations tied to the net settlement of restricted stock units and did not involve an open-market sale by the officer.

After this transaction, the reporting officer, Lyft’s Chief Legal and Business Officer and Corporate Secretary, beneficially owned 804,076 shares. This total includes shares held in a living trust where the officer is sole trustee and lifetime beneficiary, restricted stock units that may convert into shares if vesting conditions are met, and 713 shares acquired under Lyft’s 2019 Employee Stock Purchase Plan on November 15, 2025.

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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*
Llewellyn Lindsay Catherine

(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)
SEE REMARKS
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 32,419(1) D $21.21 804,076(2)(3)(4) 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. A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary.
3. 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.
4. Includes 713 shares acquired under the Issuer's 2019 Employee Stock Purchase Plan on November 15, 2025.
Remarks:
Officer title: Chief Legal and Business Officer, Corporate Secretary
/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 report shows that 32,419 shares of Lyft Class A common stock were withheld on 11/20/2025 to satisfy tax withholding obligations related to restricted stock units.

Did the Lyft officer sell shares in the open market?

No. The 32,419 shares were withheld by Lyft to cover taxes on vested RSUs and the filing states this does not represent a sale by the reporting person.

How many Lyft (LYFT) shares does the officer own after the transaction?

Following the reported transaction, the officer beneficially owned 804,076 shares of Lyft Class A common stock.

What types of holdings make up the officer’s Lyft share ownership?

The 804,076 shares include shares in a living trust, restricted stock units that may vest into shares, and 713 shares acquired under Lyft’s 2019 Employee Stock Purchase Plan on November 15, 2025.

What is the officer’s role at Lyft (LYFT)?

The reporting person is Lyft’s Chief Legal and Business Officer and Corporate Secretary.

What was the reference price for the withheld Lyft shares?

The 32,419 withheld shares are reported at a price of $21.21 per share in the transaction table.
Lyft Inc

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8.05B
394.41M
4%
94.85%
15.76%
Software - Application
Services-business Services, Nec
Link
United States
SAN FRANCISCO