LYFT Form 4: Risher Acquires 5,926 Class A Shares at $16.875

Rhea-AI Filing Summary

Lyft insider purchase disclosed: John David Risher, listed as both a director and Chief Executive Officer, purchased 5,926 shares of Class A common stock on 09/03/2025 at a weighted average price of $16.875. After the purchase, the reporting person beneficially owned 11,797,266 shares. The filing notes the trades executed at prices ranging from $16.87 to $16.875 and that certain holdings include restricted stock units (RSUs) that convert to one share each subject to vesting. The Form 4 was signed by Kevin C. Chen by power of attorney on 09/05/2025.

Positive

• Insider purchase disclosed: Reporting person acquired 5,926 Class A shares, showing an insider transaction.
• Clear pricing detail: Weighted average purchase price reported at $16.875 with price range $16.87 to $16.875.
• Post-transaction ownership stated: Beneficial ownership after the transaction reported as 11,797,266 shares.
• RSU disclosure: Filing explicitly notes certain holdings are restricted stock units that convert to shares subject to vesting.
• Proper signature/POA: Form signed by Kevin C. Chen by power of attorney on 09/05/2025.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider bought a small block of Class A shares at ~$16.88; holdings include RSUs.

The Form 4 shows a purchase of 5,926 Class A shares by John David Risher at a weighted average price of $16.875 on 09/03/2025, increasing beneficial ownership to 11,797,266 shares. The filing explicitly states multiple trades executed between $16.87 and $16.875 and discloses that some reported securities are restricted stock units that convert to common shares subject to vesting. This is a straightforward disclosure of insider acquisition with clear pricing and ownership totals.

Corporate Governance Expert

TL;DR: Disclosure is complete for the transaction; POA signature included and RSU status is noted.

The filing identifies the reporting person as both a director and the Chief Executive Officer and provides the required detail: transaction date, aggregated shares acquired, weighted average price, post-transaction beneficial ownership, and an explanation of price ranges and RSU treatment. The Form 4 was executed by a power of attorney, which is properly noted and dated. From a governance and compliance perspective, the document contains the essential elements required for Section 16 reporting.

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
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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^*

Risher John David

(Last) (First) (Middle)

C/O LYFT, INC.

185 BERRY STREET, SUITE 400

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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

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

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

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	09/03/2025		P		5,926	A	$16.875(1)	11,797,266(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $16.87 to $16.875. The price reported above reflects the weighted average purchase price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each separate purchase price.

2. 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.

	/s/ Kevin C. Chen, by power of attorney	09/05/2025
	** 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.

FAQ

What transaction did John David Risher report on the LYFT Form 4?

The Form 4 reports the purchase of 5,926 Class A shares on 09/03/2025 at a weighted average price of $16.875.

How many LYFT shares does the reporting person beneficially own after the transaction?

The filing states beneficial ownership of 11,797,266 shares following the reported transaction.

Were the purchases executed at a single price on the LYFT Form 4?

No. The filing explains the transaction was executed in multiple trades at prices ranging from $16.87 to $16.875; the reported price is the weighted average.

Does the LYFT Form 4 mention restricted stock units (RSUs)?

Yes. The filing notes that certain securities are RSUs, each representing a contingent right to one share subject to vesting conditions.

Who signed the LYFT Form 4 and when?

The Form 4 was signed by /s/ Kevin C. Chen, by power of attorney on 09/05/2025.