Was the Erin Brewer Lyft (LYFT) share sale pre-planned under Rule 10b5-1?

Yes. The filing states the 15,000 shares were sold under a Rule 10b5‑1 trading plan adopted on March 13, 2026. Such plans pre‑schedule trades, reducing the significance of transaction timing as a signal of management’s short‑term view.

What are Erin Brewer’s direct Lyft (LYFT) share holdings in this Form 4?

The Form 4 shows Erin Brewer directly holding 1,205,200 shares of Lyft Class A Common Stock. This is reported separately from the 705,979 shares held indirectly through the Erin M. Brewer 2022 Trust, providing a clearer picture of her total visible equity exposure.

How large is the Lyft (LYFT) share sale compared with Erin Brewer’s trust holdings?

The trust sold 15,000 shares out of 705,979 shares held after the transaction, roughly 2% of that indirect position. This indicates a relatively small, routine disposition rather than a major reduction in the trust’s Lyft holdings.

Lyft (LYFT) CFO Erin Brewer’s trust sells 15,000 shares in pre-set trading plan

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Lyft, Inc.’s Chief Financial Officer Erin Brewer reported an insider transaction involving Class A Common Stock. An entity associated with her, the Erin M. Brewer 2022 Trust, sold 15,000 shares in an open‑market transaction at a weighted average price of $13.5925 per share.

According to a footnote, this sale was executed under a pre‑arranged Rule 10b5‑1 trading plan adopted on March 13, 2026, indicating it was scheduled in advance. After the sale, the trust still held 705,979 shares, while Brewer also directly held 1,205,200 shares. The sale represents about 2% of the trust’s post‑transaction holdings, suggesting a routine, pre‑planned disposition rather than a large change in position.

Insider Trade Summary 10b5-1

Net Seller: 15,000 shares ($203,888)

Net Sell 2 txns

Insider Brewer Erin

Role CHIEF FINANCIAL OFFICER

Sold 15,000 shs ($204K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	15,000	$13.5925	$204K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 705,979 shares (Indirect, See Footnote); Class A Common Stock — 1,205,200 shares (Direct, null)

Footnotes (1)

These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026. This transaction was executed in multiple trades at prices ranging from $13.49 to $13.79. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. These shares are held by the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which the Reporting Person serves as trustee. 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: 15,000 shares Weighted average sale price: $13.5925 per share Indirect holdings after sale: 705,979 shares +3 more

6 metrics

Shares sold 15,000 shares Open-market sale of Class A Common Stock

Weighted average sale price $13.5925 per share Open-market sale on 2026-06-12

Indirect holdings after sale 705,979 shares Erin M. Brewer 2022 Trust post-transaction position

Direct holdings 1,205,200 shares Brewer’s direct Class A Common Stock position

Net shares sold 15,000 shares Net sell direction in transaction summary

Sale as % of trust holdings about 2% 15,000 vs 705,979 shares after transaction

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, restricted stock units (RSUs), open-market sale, +1 more

5 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 March 13, 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.

weighted average sale price financial

"This transaction was executed in multiple trades at prices ranging from $13.49 to $13.79. The price reported above reflects the weighted average sale price."

restricted stock units (RSUs) financial

"Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock..."

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.

open-market sale financial

"transaction_code_description: Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

"These shares are held by the Erin M. Brewer 2022 Trust... the Reporting Person serves as trustee."

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Form 4 Insider Transactions: What Each Field Means →

06/16/2026 - 05:11 PM

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^*

Brewer Erin

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CHIEF FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/12/2026		S⁽¹⁾		15,000	D	$13.5925⁽²⁾	705,979	I	See Footnote⁽³⁾
Class A Common Stock								1,205,200⁽⁴⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026.

2. This transaction was executed in multiple trades at prices ranging from $13.49 to $13.79. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

3. These shares are held by the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which the Reporting Person serves as trustee.

4. 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.

	/s/ Kevin C. Chen, by power of attorney	06/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Lyft (LYFT) report for CFO Erin Brewer?

Lyft reported that CFO Erin Brewer’s trust sold 15,000 shares of Class A Common Stock. The sale was an open‑market transaction at a weighted average price of $13.5925 per share, disclosed on a Form 4 insider trading report.

How many Lyft (LYFT) shares did the Erin M. Brewer 2022 Trust hold after the sale?

After selling 15,000 shares, the Erin M. Brewer 2022 Trust held 705,979 shares of Lyft Class A Common Stock. The reporting person serves as trustee, and this remaining position reflects the trust’s indirect ownership after the reported transaction.

Does the Lyft (LYFT) Form 4 mention restricted stock units for Erin Brewer?

Yes. A footnote explains that certain reported securities are restricted stock units, or RSUs, each representing a contingent right to receive one share of Class A Common Stock, subject to satisfaction of applicable vesting schedules and conditions specified in the awards.