Lyft legal chief sells 13,204 Class A shares
Lyft’s Chief Legal Officer reported a 13,204-share 10b5-1 plan sale, retaining 781,152 shares afterward.
Rhea-AI Filing Summary
Lyft, Inc. (LYFT) reported that Lindsay Catherine Llewellyn, its Chief Legal Officer and Corporate Secretary, sold 13,204 shares of Class A common stock on September 1, 2026 at an average price of $16.6397 per share. The transaction was made under a Rule 10b5-1 trading plan adopted on June 2, 2026, and left her with 781,152 shares held directly, including shares in a living trust and restricted stock units subject to vesting.
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Insider Trade Summary 10b5-1
Net Seller: 13,204 shares
Net Sell
1 txn
Insider
Llewellyn Lindsay Catherine
Role
SEE REMARKS
Sold
13,204 shs ($220K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 13,204 | $16.6397 | $220K |
Holdings After Transaction:
Class A Common Stock — 781,152 shares (Direct)
Footnotes (3)
- F1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2026.
- F2. A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary.
- F3. 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: 13,204 shares
Sale price per share: $16.6397 per share
Shares owned after transaction: 781,152 shares
+1 more
4 metrics
Shares sold
13,204 shares
Class A common stock sold by Lindsay Catherine Llewellyn on September 1, 2026
Sale price per share
$16.6397 per share
Average price for the 13,204 Lyft Class A shares sold on September 1, 2026
Shares owned after transaction
781,152 shares
Direct holdings of Lyft Class A common stock after the reported sale
Rule 10b5-1 plan adoption date
June 2, 2026
Date Lindsay Catherine Llewellyn adopted the trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, living trust, restricted stock units (RSUs)
3 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 June 2, 2026."
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.
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."
restricted stock units (RSUs) financial
"Certain of these securities are restricted stock units (RSUs)."
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.
FAQ
What insider transaction did LYFT disclose for Lindsay Catherine Llewellyn?
Lyft disclosed that Lindsay Catherine Llewellyn, Chief Legal Officer and Corporate Secretary, sold 13,204 shares of Class A common stock on September 1, 2026 in an open market or private transaction at an average price of $16.6397 per share.
Was the LYFT insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the 13,204-share sale on September 1, 2026 was made pursuant to a Rule 10b5-1 trading plan adopted by Lindsay Catherine Llewellyn on June 2, 2026, indicating the trades were pre-arranged under that plan.
Do the reported LYFT securities include restricted stock units (RSUs)?
Yes. The filing states that certain of the securities are RSUs, with each restricted stock unit representing a contingent right to receive one share of Lyft Class A common stock, subject to the vesting schedule and conditions applicable to each RSU award.
AI-generated analysis. How Rhea-AI works. Not financial advice.