Lyft (LYFT) director Jill Beggs awarded 18,453 RSUs in new equity grant
Rhea-AI Filing Summary
Beggs Jill reported acquisition or exercise transactions in this Form 4 filing.
Lyft, Inc. director Jill Beggs reported receiving a grant of 18,453 restricted stock units (RSUs) tied to the company’s Class A Common Stock. These RSUs carry no purchase price and represent a form of equity compensation rather than an open‑market share purchase.
Each RSU represents the right to receive one share of Class A Common Stock upon vesting. One-fourth of the RSUs is scheduled to vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day prior to Lyft’s 2027 annual stockholder meeting, assuming Beggs continues as a service provider. After this grant, she holds 48,545 shares and RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 18,453 shares
Net Buy
1 txn
Insider
Beggs Jill
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 18,453 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 48,545 shares (Direct)
Footnotes (2)
- F1. These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-fourth of the RSUs shall vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day prior to the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through each such date.
- 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
RSU grant size: 18,453 RSUs
Post‑transaction holdings: 48,545 shares/RSUs
Grant price: $0.00 per share
+3 more
6 metrics
RSU grant size
18,453 RSUs
Award of restricted stock units to director Jill Beggs
Post‑transaction holdings
48,545 shares/RSUs
Total direct holdings after the grant
Grant price
$0.00 per share
Equity compensation, no cash purchase
First vesting date
August 20, 2026
First 25% of RSUs vest
Subsequent vesting dates
Nov 20, 2026 & Feb 20, 2027
Additional 50% of RSUs vest in two tranches
Final vesting deadline
Earlier of May 20, 2027 or pre‑2027 meeting
Final 25% of RSUs vest subject to service
Key Terms
restricted stock units (RSUs), Class A Common Stock, vesting, service provider
4 terms
restricted stock units (RSUs) financial
"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
"Each RSU represents a contingent right to receive one share of 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.
vesting financial
"One-fourth of the RSUs shall vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day prior to the date of the Issuer's 2027 annual meeting of stockholders."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
service provider financial
"subject to the Reporting Person continuing as a service provider through each such date."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Lyft (LYFT) director Jill Beggs report?
Jill Beggs reported an equity compensation grant of 18,453 restricted stock units (RSUs) tied to Lyft Class A Common Stock. The RSUs were awarded at no cash cost and will convert into shares only as they vest over the disclosed schedule.
How do Jill Beggs’s new Lyft (LYFT) RSUs vest over time?
The 18,453 Lyft RSUs granted to Jill Beggs vest in four installments. One-fourth vests on August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day before Lyft’s 2027 annual stockholder meeting, subject to continued service.
What is a restricted stock unit (RSU) in the context of Lyft (LYFT)?
A Lyft RSU is a promise to deliver one share of Class A Common Stock in the future, once vesting conditions are met. Holders do not pay a purchase price; instead, RSUs convert into shares over time if the service and vesting requirements are satisfied.