Lyft (LYFT) insider executes 11,491-share 10b5-1 sale, retains 865,222 shares

Rhea-AI Filing Summary

Lyft, Inc. insider reported an open-market sale of 11,491 shares of Class A Common Stock at a weighted average price of $13.6926 per share. The transaction was executed on May 26, 2026 and was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on May 23, 2025.

After this sale, the reporting person holds 865,222 shares of Lyft stock, including shares held through a living trust and restricted stock units that each represent a right to receive one share upon vesting.

Insights

Equity compensation and insider-trading analyst

Routine 10b5-1 sale of a small portion of existing Lyft holdings.

The filing shows an open-market sale of 11,491 shares of Lyft Class A Common Stock at a weighted average price of $13.6926 per share. The insider continues to hold 865,222 shares, so this represents a modest trim relative to the reported position.

The transaction was executed under a Rule 10b5-1 trading plan adopted on May 23, 2025, indicating the sale was pre-scheduled rather than opportunistic. Some of the remaining position consists of RSUs and shares held via a living trust where the insider is sole trustee and beneficiary.

From an investor-perspective, this looks like a routine liquidity event and ongoing equity-compensation management, not a thesis-changing move. Future company filings may provide additional context as more RSUs vest or further 10b5-1 trades occur.

Insider Trade Summary 10b5-1

Net Seller: 11,491 shares ($157,342)

Net Sell 1 txn

Insider Llewellyn Lindsay Catherine

Role SEE REMARKS

Sold 11,491 shs ($157K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	11,491	$13.6926	$157K

Holdings After Transaction: Class A Common Stock — 865,222 shares (Direct, null)

Footnotes (1)

1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025. This transaction was executed in multiple trades at prices ranging from $13.56 to $13.84. The price reported above reflects the weighted average sale 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 sold at each separate sale price. A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary. 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.

Key Figures

Shares sold: 11,491 shares Weighted average sale price: $13.6926 per share Shares outstanding after transaction (insider holdings): 865,222 shares +2 more

5 metrics

Shares sold 11,491 shares Open-market sale of Class A Common Stock on May 26, 2026

Weighted average sale price $13.6926 per share Average across trades executed between $13.56 and $13.84

Shares outstanding after transaction (insider holdings) 865,222 shares Insider’s direct and indirect Lyft holdings following the sale

Price range of executed trades $13.56–$13.84 per share Footnote disclosure on multiple trade executions

Rule 10b5-1 plan adoption date May 23, 2025 Plan governing the scheduled sale of shares

Key Terms

Rule 10b5-1 trading plan, restricted stock units (RSUs), Class A Common Stock, living trust

4 terms

Rule 10b5-1 trading plan regulatory

"These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

restricted stock units (RSUs) financial

"Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share..."

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

"security_title: Class A Common Stock; transaction involved Lyft’s Class A Common Stock as a non-derivative security."

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.

living trust financial

"A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary."

Form 4 Insider Transactions: What Each Field Means →

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).

X

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)
05/26/2026

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	05/26/2026		S(1)		11,491	D	$13.6926(2)	865,222(3)(4)	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. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025.

2. This transaction was executed in multiple trades at prices ranging from $13.56 to $13.84. The price reported above reflects the weighted average sale 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 sold at each separate sale price.

3. A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary.

4. 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.

Remarks:

Officer title: Chief Legal Officer, Corporate Secretary

	/s/ Kevin C. Chen, by power of attorney	05/28/2026
	** 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)

FAQ

How many Lyft (LYFT) shares did the insider sell in this Form 4?

The insider sold 11,491 shares of Lyft Class A Common Stock. These were open-market sales executed on May 26, 2026, at a weighted average price of $13.6926 per share, according to the Form 4 transaction details and footnotes.

What price did the Lyft (LYFT) insider receive for the sold shares?

The reported weighted average sale price was $13.6926 per share. Footnotes explain the transaction occurred in multiple trades at prices ranging from $13.56 to $13.84, with the weighted average reported in the Form 4 for simplicity.

How many Lyft (LYFT) shares does the insider hold after this transaction?

After the sale, the insider holds 865,222 shares of Lyft Class A Common Stock. This total includes shares held directly, shares held through a living trust, and restricted stock units that each represent a contingent right to receive one share upon vesting.

Was the Lyft (LYFT) insider sale made under a Rule 10b5-1 plan?

Yes. A footnote states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on May 23, 2025. Such plans pre-schedule trades, indicating the timing of this sale was arranged in advance rather than decided at the last moment.

What type of security did the Lyft (LYFT) insider trade in this Form 4?

The transaction involved Lyft’s Class A Common Stock as a non-derivative security. Footnotes also note that certain remaining holdings are restricted stock units, where each RSU represents a contingent right to receive one share of Class A stock upon vesting.

Does the Lyft (LYFT) insider hold shares through a trust or only directly?

A footnote explains that a portion of the shares are held by a living trust. The reporting person is the sole trustee and lifetime beneficiary of this trust, so these trust-held shares are included in the insider’s reported ownership total.