Lyft (LYFT) legal chief logs RSU tax withholding, holds 794K shares

Rhea-AI Filing Summary

Lyft, Inc. (LYFT) reported that Chief Legal Officer and Corporate Secretary Lindsay Catherine Llewellyn had 23,161 shares of Class A Common Stock withheld on 2026-08-20 to satisfy Lyft’s tax withholding and remittance obligations in connection with net settlement of RSUs. This withholding is explicitly stated not to be a sale by the insider. After this transaction, Llewellyn directly owned 794,356 shares, a portion of which is held in a living trust, and some of these holdings consist of RSUs, each representing a contingent right to one share of Class A Common Stock.

Insider Trade Summary

Net Seller: 23,161 shares

Net Sell 1 txn

Insider Llewellyn Lindsay Catherine

Role SEE REMARKS

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock F1, F2, F3	23,161	$17.43	$404K

Holdings After Transaction: Class A Common Stock — 794,356 shares (Direct)

Footnotes (3)

1. F1. Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs) and does not represent a sale by the Reporting Person.
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 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 withheld for tax obligations: 23,161 shares Reference amount per share: $17.43 per share Shares owned after transaction: 794,356 shares +1 more

4 metrics

Shares withheld for tax obligations 23,161 shares Class A Common Stock withheld on 2026-08-20 to satisfy tax withholding and remittance obligations on RSU net settlement

Reference amount per share $17.43 per share Amount reported for the 23,161 withheld shares used to satisfy tax-related obligations

Shares owned after transaction 794,356 shares Total Class A Common Stock beneficially owned by Lindsay Catherine Llewellyn following the 2026-08-20 withholding

RSU conversion ratio 1 RSU = 1 share of Class A Common Stock Each RSU represents a contingent right to receive one share, subject to vesting and conditions

Key Terms

restricted stock units (RSUs), net settlement, tax withholding and remittance obligations, living trust

4 terms

restricted stock units (RSUs) financial

"Certain of these securities are 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.

net settlement financial

"in connection with the net settlement of restricted stock units (RSUs)"

tax withholding and remittance obligations financial

"withheld by the Issuer to satisfy its tax withholding and remittance obligations"

living trust financial

"A portion of the shares are held by a living trust for which"

FAQ

What insider transaction did LYFT report for Lindsay Catherine Llewellyn?

Lyft reported that Lindsay Catherine Llewellyn had 23,161 Class A shares withheld on 2026-08-20 to cover the company’s tax withholding and remittance obligations arising from the net settlement of RSUs. The filing states this does not represent a sale by her.

How many LYFT shares were involved and at what reference price?

The transaction involved 23,161 shares of Lyft Class A Common Stock at a reported reference amount of $17.43 per share, used in connection with satisfying tax withholding obligations related to restricted stock units.

Did the LYFT insider actually sell shares in the open market?

No. The filing states the 23,161 shares were withheld by Lyft to satisfy tax withholding and remittance obligations upon RSU net settlement and “does not represent a sale” by Lindsay Catherine Llewellyn.

What are Lindsay Catherine Llewellyn’s LYFT holdings after this transaction?

After the tax-withholding transaction, Lindsay Catherine Llewellyn beneficially owned 794,356 shares of Lyft Class A Common Stock. A portion of these shares is held in a living trust, and certain holdings are RSUs that may convert into shares upon vesting.

What are RSUs as disclosed in this LYFT Form 4?

The filing explains that certain securities are restricted stock units (RSUs), where each RSU represents a contingent right to receive one share of Lyft Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU grant.

How are some of the LYFT shares held by Lindsay Catherine Llewellyn structured?

A portion of the post-transaction holdings is held in a living trust for which Lindsay Catherine Llewellyn is the sole trustee and lifetime beneficiary, as disclosed in the footnotes to the Form 4.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/24/2026 - 06:16 PM Accepted by SEC EDGAR 08/24/2026 - 06:15 PM Learn about SEC filing dates

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^*

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)
08/20/2026

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	08/20/2026		F		23,161(1)	D	$17.43	794,356(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. Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs) and does not represent a sale by the Reporting Person.

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 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	08/24/2026
	** 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)