Lyft (LYFT) CFO Erin Brewer’s trust sells 15,000 shares in pre-set trading plan
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.
Positive
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Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,000 | $13.5925 | $204K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- F1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026.
- F2. 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.
- F3. These shares are held by the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which the Reporting Person serves as trustee.
- F4. 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
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
restricted stock units (RSUs) financial
open-market sale financial
indirect ownership financial
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