Lyft (LYFT) executive Llewellyn sells 11,491 shares in pre-set 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lyft, Inc. executive Lindsay Catherine Llewellyn reported an open-market sale of 11,491 shares of Class A Common Stock at $15.00 per share, for proceeds of about $172,365. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on May 23, 2025.
After this transaction, Llewellyn directly owns 853,731 shares of Lyft Class A Common Stock, including shares held in a living trust for which she is sole trustee and lifetime beneficiary, as well as restricted stock units that vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,491 shares ($172,365)
Net Sell
1 txn
Insider
Llewellyn Lindsay Catherine
Role
SEE REMARKS
Sold
11,491 shs ($172K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 11,491 | $15.00 | $172K |
Holdings After Transaction:
Class A Common Stock — 853,731 shares (Direct, null)
Footnotes (1)
- These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025. A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary. 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.
Key Figures
Shares sold: 11,491 shares
Sale price: $15.00 per share
Approximate sale proceeds: $172,365
+3 more
6 metrics
Shares sold
11,491 shares
Open-market sale of Lyft Class A Common Stock
Sale price
$15.00 per share
Price received for the 11,491 shares sold
Approximate sale proceeds
$172,365
11,491 shares sold at $15.00 per share
Shares held after transaction
853,731 shares
Total Lyft Class A Common Stock owned following the sale
Transaction date
June 1, 2026
Date of the reported open-market sale
Transaction code
S
Open-market or private sale of non-derivative securities
Key Terms
Rule 10b5-1 trading plan, restricted stock units (RSUs), Class A Common Stock, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units (RSUs) financial
"Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock..."
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.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did LYFT executive Lindsay Catherine Llewellyn report?
Lindsay Catherine Llewellyn reported selling 11,491 shares of Lyft Class A Common Stock at $15.00 per share. This was an open-market sale disclosed on Form 4 and reflects a planned disposition rather than a new purchase of shares.
Was the LYFT insider sale by Lindsay Catherine Llewellyn under a Rule 10b5-1 plan?
Yes. The filing states the 11,491-share sale was executed under a Rule 10b5-1 trading plan adopted on May 23, 2025. Such plans pre-schedule trades, indicating the timing was set in advance rather than chosen opportunistically around short-term news.