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  4. [Form 4] Lyft, Inc. Insider Trading Activity

Lyft director awarded 18,453 RSUs in stock grant

Aggarwal Prashant reported acquisition or exercise transactions in this Form 4 filing.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Aggarwal Prashant reported acquisition or exercise transactions in this Form 4 filing.

Lyft, Inc. director Prashant Aggarwal reported an equity compensation award in the form of restricted stock units. On June 3, 2026, he received 18,453 RSUs, each representing a contingent right to one share of Class A Common Stock at no purchase price.

One-fourth of these 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, if he continues as a service provider. Following the grant, he held 35,195 Class A shares directly and additional indirect holdings through the Aggarwal Lee Family Trust, Aggarwal Lee Children’s Trust, and Aggarwal Lee Dynasty Trust.

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Insider Aggarwal Prashant
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock 18,453 $0.00 $0.00
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 35,195 shares (Direct); Class A Common Stock — 1,356,925 shares (Indirect, See Footnote)
Footnotes (5)
  1. F1. 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.
  2. F2. 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.
  3. F3. These shares are held of record by the Aggarwal Lee Family Trust, for which the Reporting Person and his spouse serve as co-trustees.
  4. F4. These shares are held of record by the Aggarwal Lee Children's Trust dated March 28, 2016, for which the Reporting Person and his spouse serve as co-trustees.
  5. F5. These shares are held of record by the Aggarwal Lee Dynasty Trust dated April 18, 2016, for which the Reporting Person and his spouse serve as co-trustees.
RSU grant size 18,453 RSUs Equity award on June 3, 2026
RSU grant price $0.00 per share Restricted stock units, no purchase price
Direct holdings after grant 35,195 shares Class A Common Stock held directly
Family Trust holdings 200,000 shares Aggarwal Lee Family Trust
Children’s Trust holdings 282,556 shares Aggarwal Lee Children’s Trust dated March 28, 2016
Dynasty Trust holdings 874,369 shares Aggarwal Lee Dynasty Trust dated April 18, 2016
First vesting date August 20, 2026 One-fourth of RSUs vest
Final vesting horizon May 20, 2027 Final quarter or day before 2027 annual meeting
restricted stock units (RSUs) financial
"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
"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.
co-trustees financial
"for which the Reporting Person and his spouse serve as co-trustees."
service provider financial
"subject to the Reporting Person continuing as a service provider through each such date."
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Lyft (LYFT) director Prashant Aggarwal report?
Prashant Aggarwal reported receiving 18,453 restricted stock units as equity compensation. Each RSU represents a contingent right to one share of Lyft Class A Common Stock, aligning his interests with shareholders over a multi-year vesting schedule.

How many Lyft (LYFT) RSUs were granted to Prashant Aggarwal and at what price?
He was granted 18,453 restricted stock units at a price of $0.00 per share. RSUs typically have no purchase price; value comes as they vest into Class A Common Stock, subject to continued service conditions.

When will Prashant Aggarwal’s Lyft (LYFT) RSUs vest?
One-fourth of the 18,453 RSUs will vest on August 20, 2026, November 20, 2026, and February 20, 2027. The final quarter vests on May 20, 2027 or the day before Lyft’s 2027 annual meeting, contingent on continued service.

How many Lyft (LYFT) shares does Prashant Aggarwal hold directly after this Form 4?
After the reported grant, he directly holds 35,195 shares of Lyft Class A Common Stock. This is separate from additional indirect holdings held through family-related trusts where he and his spouse serve as co-trustees.

What indirect Lyft (LYFT) shareholdings are associated with Prashant Aggarwal?
Indirect holdings are reported through three trusts: the Aggarwal Lee Family Trust with 200,000 shares, the Aggarwal Lee Children’s Trust with 282,556 shares, and the Aggarwal Lee Dynasty Trust with 874,369 shares of Class A Common Stock.

Are Prashant Aggarwal’s new Lyft (LYFT) RSUs subject to service conditions?
Yes. Each portion of the RSU grant vests only if he continues as a service provider through the specified vesting dates. If service ends earlier, unvested RSUs would typically be forfeited under standard equity award terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →
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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).
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*
Aggarwal Prashant
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026		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 Stock06/03/2026A18,453(1)A$035,195(2)D
Class A Common Stock874,369ISee Footnote(3)
Class A Common Stock282,556ISee Footnote(4)
Class A Common Stock200,000ISee Footnote(5)
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 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.
2. 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.
3. These shares are held of record by the Aggarwal Lee Family Trust, for which the Reporting Person and his spouse serve as co-trustees.
4. These shares are held of record by the Aggarwal Lee Children's Trust dated March 28, 2016, for which the Reporting Person and his spouse serve as co-trustees.
5. These shares are held of record by the Aggarwal Lee Dynasty Trust dated April 18, 2016, for which the Reporting Person and his spouse serve as co-trustees.
/s/ Kevin C. Chen, by power of attorney06/05/2026
** 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)

Source: View Original Filing on SEC EDGAR

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