Lyft (LYFT) executive sells 23,661 shares under Rule 10b5-1 plan

Rhea-AI Filing Summary

Lyft, Inc. executive Lindsay Catherine Llewellyn sold 23,661 shares of Class A Common Stock in an open-market transaction at $15.00 per share. The sale was made on April 17, 2026 under a pre-arranged Rule 10b5-1 trading plan. After this sale, she holds 916,022 shares directly and through a living trust, including certain restricted stock units that convert into Class A shares as they vest.

Insights

Equity compensation and insider-trading analyst

Routine, pre-planned insider sale of a small portion of holdings.

The filing shows Lyft executive Lindsay Catherine Llewellyn sold 23,661 Class A shares at $15.00 each in an open-market transaction. The trade was executed pursuant to a Rule 10b5-1 trading plan, indicating it was pre-scheduled rather than opportunistic.

After the sale, she continues to hold 916,022 shares, including amounts in a living trust and restricted stock units that settle into Class A stock as they vest. Given the pre-planned nature and the sizable remaining position, this appears to be a routine liquidity event rather than a major change in alignment with shareholders.

Insider Trade Summary 10b5-1

Net Seller: 23,661 shares

Net Sell 1 txn

Insider Llewellyn Lindsay Catherine

Role SEE REMARKS

Sold 23,661 shs ($355K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	23,661	$15.00	$355K

Holdings After Transaction: Class A Common Stock — 916,022 shares (Direct)

Footnotes (3)

1. F1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025.
2. F2. A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary.
3. F3. 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: 23,661 shares Sale price per share: $15.00 per share Shares held after transaction: 916,022 shares +1 more

4 metrics

Shares sold 23,661 shares Class A Common Stock sold on April 17, 2026

Sale price per share $15.00 per share Open-market sale price for Class A Common Stock

Shares held after transaction 916,022 shares Total Lyft Class A shares after April 17, 2026 sale

Rule 10b5-1 plan adoption date May 23, 2025 Date the trading plan governing this sale was adopted

Key Terms

Rule 10b5-1 trading plan, living trust, restricted stock units (RSUs), Class A Common Stock

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"

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.

living trust financial

"A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee"

restricted stock units (RSUs) financial

"Certain of these securities are restricted stock units (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.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 04/21/2026 - 06:59 PM Learn about SEC filing dates

FAQ

What insider transaction did LYFT executive Lindsay Catherine Llewellyn report?

Lindsay Catherine Llewellyn reported selling 23,661 shares of Lyft Class A Common Stock. The shares were sold in an open-market transaction at a price of $15.00 per share on April 17, 2026, as disclosed in a Form 4 insider filing.

How many LYFT shares does Lindsay Catherine Llewellyn hold after this Form 4 sale?

After the reported sale, Lindsay Catherine Llewellyn holds 916,022 shares of Lyft Class A Common Stock. This total includes shares held directly, shares in a living trust where she is trustee and beneficiary, and certain restricted stock units that convert into shares upon vesting.

Was the April 17, 2026 LYFT insider sale under a Rule 10b5-1 plan?

Yes. The filing states the 23,661-share sale was made under a Rule 10b5-1 trading plan. This plan was adopted by Lindsay Catherine Llewellyn on May 23, 2025, indicating the transaction was pre-arranged rather than timed at her sole discretion.

What price did the LYFT shares sell for in Lindsay Catherine Llewellyn’s recent transaction?

The reported 23,661 Lyft Class A shares were sold at $15.00 per share. This price reflects the execution price for the open-market transaction disclosed, and it applies to all the shares in this specific Form 4 sale entry.

How are trusts and RSUs described in Lindsay Catherine Llewellyn’s LYFT holdings?

A portion of her Lyft shares is held by a living trust where she is sole trustee and lifetime beneficiary. The filing also notes that certain securities are restricted stock units, each representing a right to receive one Class A share when vesting conditions are met.

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^*

Llewellyn Lindsay Catherine

(Last) (First) (Middle)

C/O LYFT, INC.

185 BERRY STREET, SUITE 400

(Street)

SAN FRANCISCO CALIFORNIA 94107

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/17/2026		S(1)		23,661	D	$15	916,022(2)(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 May 23, 2025.

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 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.

Remarks:

Officer title: Chief Legal Officer, Corporate Secretary

	/s/ Kevin C. Chen, by power of attorney	04/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)