Lyft (LYFT) officer has 51,677 shares withheld for RSU tax obligations

Rhea-AI Filing Summary

Lyft, Inc. officer Llewellyn Lindsay Catherine reported a tax-related share disposition linked to equity awards. On this Form 4, 51,677 shares of Class A Common Stock were withheld by Lyft at $13.90 per share to cover tax obligations upon vesting of restricted stock units and performance-based units, and the footnote states this does not represent a sale by her. After this withholding, she beneficially owned 720,511 shares, including amounts held through a living trust where she is trustee and lifetime beneficiary.

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 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)
	SEE REMARKS

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		51,677(1)	D	$13.9	720,511(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 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. 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 and Business Officer, Corporate Secretary

	/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.
* 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 insider transaction did Lyft (LYFT) report for Llewellyn Lindsay Catherine?

Lyft reported a tax-related share disposition for officer Llewellyn Lindsay Catherine. 51,677 Class A shares were withheld by Lyft to satisfy tax withholding and remittance obligations arising from the vesting of RSUs and PSUs, and the filing specifies this is not a sale by her.

Was the Lyft (LYFT) Form 4 a sale of shares by the officer?

No, the Form 4 states the transaction does not represent a sale by the reporting person. Shares were withheld by Lyft to cover tax withholding obligations tied to the vesting and net settlement of RSUs and PSUs, rather than sold on the open market.

How many Lyft (LYFT) shares were involved in the tax withholding transaction?

The filing shows 51,677 shares of Lyft Class A Common Stock involved in the tax-withholding disposition. These shares were withheld by Lyft at $13.90 per share to satisfy tax obligations generated when restricted stock units and performance-based units vested for the reporting officer.

How many Lyft (LYFT) shares does Llewellyn Lindsay Catherine own after this Form 4?

After the tax-withholding disposition, the officer beneficially owned 720,511 Lyft Class A shares. The filing notes that a portion of these shares is held in a living trust for which she is the sole trustee and lifetime beneficiary, indicating continued beneficial ownership.

What types of equity awards were involved in this Lyft (LYFT) Form 4 filing?

The Form 4 involves restricted stock units (RSUs) and performance-based restricted stock units (PSUs). Each RSU represents a contingent right to receive one Class A share, and the tax withholding occurred upon vesting of PSUs after performance conditions under those PSUs were achieved.