LYFT insider sale: Director Beggs disposes 1,465 shares via 10b5-1 plan

Rhea-AI Filing Summary

Jill Beggs, a director of Lyft, Inc. (LYFT), reported the sale of 1,465 shares of Class A common stock on 08/27/2025 at a weighted average price of $16.3303 per share under a Rule 10b5-1 trading plan adopted on 11/22/2024. After the sale she beneficially owned 35,744 shares. The filing notes the sale executed in multiple trades with prices ranging $16.20 to $16.54 and that some of the reported holdings are restricted stock units that vest according to their schedules.

Positive

• Transaction executed under a documented Rule 10b5-1 plan, indicating procedural compliance with insider trading rules
• Filing discloses weighted average price and price range, providing transparency about execution

Negative

• Insider sale reduces beneficial ownership from pre-transaction levels to 35,744 shares
• Certain holdings are RSUs subject to vesting, so economic ownership is partially contingent

Insights

Corporate Governance Expert

TL;DR: Routine, pre-arranged insider sale under a 10b5-1 plan by a director; compliance steps are documented.

The transaction is a disclosure of a small-volume sale executed pursuant to a written 10b5-1 trading plan adopted in November 2024, which provides the reporting person an affirmative defense to insider trading claims. The filing documents weighted average price, price range, and remaining beneficial ownership. The inclusion of RSUs clarifies that portions of reported ownership remain subject to vesting, which may affect timing of future dispositions.

Securities Analyst

TL;DR: Transaction is immaterial to company fundamentals but relevant for disclosure and insider activity monitoring.

The sale of 1,465 shares at roughly $16.33 reduces the director's position to 35,744 shares, a modest holding relative to typical director stakes in large-cap issuers. Because the sale was pre-planned and executed across multiple prices, it signals procedural compliance rather than a discrete, unscheduled exit. No derivatives or option exercises were reported.

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).

X

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^*

Beggs Jill

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

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	08/27/2025		S(1)		1,465	D	$16.3303(2)	35,744(3)	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. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 22, 2024.

2. This transaction was executed in multiple trades at prices ranging from $16.20 to $16.54. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

3. Certain of these securities are restricted stock units (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	08/29/2025
	** 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

Who filed the Form 4 for LYFT and what was the relationship to the company?

Jill Beggs filed the Form 4 and is reported as a director of Lyft, Inc.

How many shares were sold, at what price, and when was the sale executed?

On 08/27/2025 the reporting person sold 1,465 shares at a weighted average price of $16.3303 per share with trade prices ranging $16.20 to $16.54.

Was the sale part of a Rule 10b5-1 trading plan?

Yes. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted on 11/22/2024.

How many shares does the reporting person beneficially own after the reported transaction?

The reporting person beneficially owned 35,744 shares following the transaction.

Are any of the reported securities subject to vesting or other restrictions?

Yes. The filing states that certain securities are restricted stock units (RSUs), each representing a contingent right to one share subject to vesting conditions.