Lyft (LYFT) board member granted 18,453 RSUs vesting through 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whiteside Janey reported acquisition or exercise transactions in this Form 4 filing.
Lyft, Inc. director Janey Whiteside received a grant of 18,453 restricted stock units (RSUs) of Class A Common Stock. These RSUs are a form of equity compensation and were awarded at no cash purchase price.
One-fourth of the RSUs will vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day prior to Lyft’s 2027 annual stockholder meeting, so long as Whiteside continues as a service provider through each vesting date. Following this grant, she directly holds 79,537 shares or RSUs tied to Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Whiteside Janey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 18,453 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 79,537 shares (Direct, null)
Footnotes (1)
- These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-fourth of the RSUs shall vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day prior to the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through each such date. 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.
Key Figures
RSUs granted: 18,453 units
Holdings after grant: 79,537 shares/RSUs
Grant price: $0.00 per RSU
+2 more
5 metrics
RSUs granted
18,453 units
Equity award of Class A Common Stock RSUs
Holdings after grant
79,537 shares/RSUs
Direct beneficial ownership following the transaction
Grant price
$0.00 per RSU
Reported transaction price per unit for the award
First vesting date
August 20, 2026
One-fourth of RSUs vest on this date
Final vesting milestone
Earlier of May 20, 2027 or day before 2027 meeting
Final quarter of RSUs vests at this time
Key Terms
restricted stock units (RSUs), contingent right, vesting schedule, Class A Common Stock
4 terms
restricted stock units (RSUs) financial
"These securities are restricted stock units (RSUs). Each RSU represents a contingent right..."
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock."
vesting schedule financial
"subject to the applicable vesting schedule and conditions of each RSU."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock."
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.
FAQ
What insider transaction did Lyft (LYFT) director Janey Whiteside report?
Lyft director Janey Whiteside reported receiving 18,453 restricted stock units (RSUs) of Class A Common Stock. The RSUs are equity compensation awarded at no cash purchase price and will convert into shares as they vest over time, subject to service conditions.
What are the vesting terms of Janey Whiteside’s 18,453 Lyft RSUs?
The 18,453 RSUs vest in four equal installments. One-fourth vests on August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day before Lyft’s 2027 annual meeting, if she continues as a service provider.
What does each Lyft (LYFT) RSU granted to Janey Whiteside represent?
Each RSU represents a contingent right to receive one share of Lyft Class A Common Stock. Delivery of the underlying shares occurs only if the applicable RSU meets its vesting schedule and conditions, tying her compensation directly to continued service with the company.