Lyft (LYFT) CFO reports tax withholding and share gifts

Rhea-AI Filing Summary

Lyft, Inc. Chief Financial Officer Erin Brewer reported dispositions of Class A common stock tied to equity compensation and personal gifting. On February 20, 2026, 88,880 shares were withheld by Lyft at $13.90 per share to cover tax obligations from vesting RSUs and PSUs, which the footnotes state does not represent a sale by Brewer. The same day, she made bona fide gifts of 76,190 shares held directly and 76,190 shares held indirectly through the Erin M. Brewer 2022 Trust, where she serves as trustee. After these transactions, she continued to hold 1,014,851 shares directly and 664,996 shares indirectly through the trust.

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

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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^*

Brewer Erin

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		F		88,880(1)	D	$13.9	1,091,041(2)	D
Class A Common Stock	02/20/2026		G		76,190	D	$0	1,014,851(2)	D
Class A Common Stock	02/20/2026		G		76,190	A	$0	664,996	I	See Footnote(3)

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 performance-based restricted stock units (PSUs) upon vesting of PSUs resulting from achievement of performance conditions under the PSUs and does not represent a sale by the Reporting Person.

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.

3. These shares are held by the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which the Reporting Person serves as trustee.

	/s/ Kevin C. Chen, by power of attorney	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Lyft (LYFT) CFO Erin Brewer report?

Erin Brewer reported share dispositions related to tax withholding and bona fide gifts of Lyft Class A common stock. The activity reflects routine equity compensation settlement and personal gifting, rather than open-market buying or selling of shares by the chief financial officer.

How many Lyft (LYFT) shares were withheld for Erin Brewer’s taxes?

Lyft withheld 88,880 shares of Class A common stock at $13.90 per share to satisfy tax obligations on vesting RSUs and PSUs. A footnote clarifies this withholding was to cover tax and remittance obligations and does not represent a sale by Erin Brewer.

What share gifts did Lyft (LYFT) CFO Erin Brewer make?

Erin Brewer made bona fide gifts of 76,190 Lyft Class A shares held directly and 76,190 shares held indirectly. The indirect shares were owned through the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which she serves as trustee.

How many Lyft (LYFT) shares does Erin Brewer hold after these transactions?

Following the reported transactions, Erin Brewer held 1,014,851 Lyft Class A shares directly and 664,996 shares indirectly through the Erin M. Brewer 2022 Trust. These post-transaction balances show she continues to maintain substantial direct and indirect ownership in Lyft.

Were Erin Brewer’s Lyft (LYFT) transactions open-market sales?

The filing indicates no open-market sales. Shares were withheld by Lyft to cover tax obligations from vesting RSUs and PSUs, and additional shares were transferred as bona fide gifts. The tax withholding footnote explicitly states it does not represent a sale by Erin Brewer.