Lyft, Inc. (LYFT) CAO has 29K RSU shares withheld at $17.43
Rhea-AI Filing Summary
Lyft, Inc. (LYFT) reported that Stephen W. Hope, its Chief Accounting Officer, had 29,507 shares of Class A Common Stock withheld on 2026-08-20 to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs). This code F transaction is described as not representing a sale by the reporting person. Following this withholding, Hope directly holds 305,956 shares of Class A Common Stock, including RSUs that each represent a contingent right to receive one share, subject to vesting conditions.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 29,507 shares
Net Sell
1 txn
Insider
Hope Stephen W.
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 29,507 | $17.43 | $514K |
Holdings After Transaction:
Class A Common Stock — 305,956 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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
Shares withheld for tax obligations: 29,507 shares of Class A Common Stock
Transaction price per share: $17.43 per share
Shares held after transaction: 305,956 shares of Class A Common Stock
3 metrics
Shares withheld for tax obligations
29,507 shares of Class A Common Stock
Withheld on 2026-08-20 to satisfy tax withholding and remittance obligations for RSU net settlement
Transaction price per share
$17.43 per share
Price reported for the 29,507 withheld shares of Class A Common Stock
Shares held after transaction
305,956 shares of Class A Common Stock
Direct holdings of Stephen W. Hope following the 2026-08-20 withholding, including RSUs subject to vesting
Key Terms
restricted stock units (RSUs), net settlement, tax withholding and remittance obligations
3 terms
restricted stock units (RSUs) financial
"Certain of these securities are RSUs. Each RSU represents a contingent right"
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.
net settlement financial
"in connection with the net settlement of restricted stock units (RSUs)"
tax withholding and remittance obligations financial
"withheld by the Issuer to satisfy its tax withholding and remittance obligations"
FAQ
What transaction did LYFT insider Stephen W. Hope report on this Form 4?
Stephen W. Hope reported a code F transaction where 29,507 shares of Lyft, Inc. Class A Common Stock were withheld on 2026-08-20 to satisfy tax withholding and remittance obligations related to net settlement of RSUs, which is explicitly stated as not a sale.
Does this LYFT Form 4 indicate an open-market sale by Stephen W. Hope?
No. A footnote states the 29,507 shares were withheld by Lyft, Inc. to satisfy tax withholding and remittance obligations for RSU net settlement and that this does not represent a sale by the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.