Lyft (LYFT) director Jill Beggs awarded 18,453 RSUs in new equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Beggs Jill

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	18,453	$0.00	--

Holdings After Transaction: Class A Common Stock — 48,545 shares (Direct, null)

Footnotes (1)

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. 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."

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 08:12 PM

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).

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

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/03/2026		A		18,453⁽¹⁾	A	$0	48,545⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

2. 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.

	/s/ Kevin C. Chen, by power of attorney	06/05/2026
	** 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)

Source: View Original Filing on SEC EDGAR

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 many Lyft (LYFT) shares and RSUs does Jill Beggs hold after this Form 4?

Following the reported RSU grant, Jill Beggs holds 48,545 shares and RSUs of Lyft Class A Common Stock directly. This figure includes previously granted equity and the new 18,453 RSUs that will settle into shares only upon meeting their vesting conditions.

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.

Did Jill Beggs buy Lyft (LYFT) shares on the open market in this filing?

No, this Form 4 reflects an equity award, not an open‑market purchase. Jill Beggs received 18,453 restricted stock units (RSUs) at a stated price of $0.00 per unit, consistent with stock-based compensation rather than a cash share purchase transaction.

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.