STOCK TITAN

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.

(Moderate)
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
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)
  1. F1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2026.
  2. F2. A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary.
  3. 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.
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
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.

How many LYFT shares does the insider hold after this Form 4 transaction?

After the reported sale, Lindsay Catherine Llewellyn beneficially owns 781,152 shares of Lyft Class A common stock directly, including shares held through a living trust and securities in the form of restricted stock units subject to vesting conditions.

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.

What price did the LYFT shares sell for in this insider transaction?

The reported sale price for the Lyft Class A common stock was an average of $16.6397 per share for the 13,204 shares sold by Lindsay Catherine Llewellyn on September 1, 2026.

How are some of Lindsay Catherine Llewellyn’s LYFT shares held?

The filing explains that a portion of the shares are held by a living trust for which Lindsay Catherine Llewellyn is the sole trustee and lifetime beneficiary, and that certain of the securities are restricted stock units (RSUs) that each represent a contingent right to receive one share upon vesting.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SEE REMARKS
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock09/01/2026S(1)13,204D$16.6397781,152(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 June 2, 2026.
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 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 attorney09/03/2026
** Signature of Reporting PersonDate
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)