Were Erin Brewer’s recent Lyft (LYFT) share transfers open-market sales?

No, the filing shows no open-market sales. The transactions were bona fide gifts of 111,966 shares and 64,804 shares withheld by Lyft for tax obligations tied to restricted stock units, which the footnote states does not represent a sale.

Lyft (LYFT) CFO Erin Brewer reports stock gifts and RSU tax withholding

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Lyft, Inc. Chief Financial Officer Erin Brewer reported non-market dispositions of Class A Common Stock. She made bona fide gifts totaling 111,966 shares on May 20, 2026, split between directly held shares and shares held through the Erin M. Brewer 2022 Trust, where she serves as trustee.

On the same date, 64,804 shares were withheld by Lyft at $13.18 per share to cover tax obligations from net settlement of restricted stock units; this is explicitly described as not representing a sale by her. After these transactions, she reports 1,261,183 shares held directly and 720,979 shares held indirectly via the trust.

Insider Trade Summary

111,966 shares gifted

Mixed 3 txns

Insider Brewer Erin

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	64,804	$13.18	$854K
Gift	Class A Common Stock	55,983	$0.00	--
Gift	Class A Common Stock	55,983	$0.00	--

Holdings After Transaction: Class A Common Stock — 1,261,183 shares (Direct, null); Class A Common Stock — 720,979 shares (Indirect, See Footnote)

Footnotes (1)

Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs) and does not represent a sale by the Reporting Person. 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. These shares are held by the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which the Reporting Person serves as trustee.

Key Figures

Gifted shares total: 111,966 shares Tax withholding shares: 64,804 shares Withholding price: $13.18 per share +2 more

5 metrics

Gifted shares total 111,966 shares Bona fide gifts of Class A Common Stock on May 20, 2026

Tax withholding shares 64,804 shares Shares withheld to satisfy tax obligations on RSU net settlement

Withholding price $13.18 per share Value used for tax withholding share delivery

Direct holdings after transactions 1,261,183 shares Lyft Class A Common Stock held directly following reported entries

Indirect trust holdings 720,979 shares Held by Erin M. Brewer 2022 Trust, where Brewer is trustee

Key Terms

bona fide gift, restricted stock units (RSUs), net settlement, tax withholding and remittance obligations, +1 more

5 terms

bona fide gift financial

"transaction_code_description: Bona fide gift"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

restricted stock units (RSUs) financial

"Certain of these securities are 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.

net settlement financial

"in connection with the net settlement of restricted stock units (RSUs)"

tax withholding and remittance obligations financial

"withheld by the Issuer to satisfy its tax withholding and remittance obligations"

contingent right financial

"Each RSU represents a contingent right to receive one share"

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 06:41 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)
05/20/2026

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	05/20/2026		F		64,804⁽¹⁾	D	$13.18	1,261,183⁽²⁾	D
Class A Common Stock	05/20/2026		G		55,983	D	$0	1,205,200⁽²⁾	D
Class A Common Stock	05/20/2026		G		55,983	A	$0	720,979	I	See Footnote⁽³⁾

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. Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs) and does not represent a sale by the Reporting Person.

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 by the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which the Reporting Person serves as trustee.

	/s/ Kevin C. Chen, by power of attorney	05/22/2026
	** 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 transactions did Lyft (LYFT) CFO Erin Brewer report?

Erin Brewer reported non-market dispositions of Lyft Class A shares. She made bona fide gifts totaling 111,966 shares and had 64,804 shares withheld by Lyft to satisfy tax obligations related to restricted stock units on May 20, 2026.

How many Lyft (LYFT) shares did CFO Erin Brewer gift?

She gifted a total of 111,966 Lyft Class A shares. These were reported as bona fide gifts, split between directly held stock and shares held through the Erin M. Brewer 2022 Trust, dated August 9, 2022, where she serves as trustee.

What does the tax withholding transaction mean in the Lyft (LYFT) Form 4?

The 64,804-share transaction reflects Lyft withholding shares at $13.18 each to satisfy tax remittance obligations from net settlement of restricted stock units. The footnote clarifies this is not a sale by Erin Brewer but payment of tax liabilities in shares.

What are Erin Brewer’s Lyft (LYFT) shareholdings after these transactions?

After the reported transactions, Erin Brewer holds 1,261,183 Lyft Class A shares directly and 720,979 shares indirectly. The indirect holdings are in the Erin M. Brewer 2022 Trust, for which she serves as trustee, according to the Form 4 footnotes.

How are restricted stock units (RSUs) involved in Lyft (LYFT) CFO’s Form 4?

Certain reported securities are restricted stock units, each representing a contingent right to receive one Lyft Class A share. Shares withheld at $13.18 per share covered tax obligations arising from net settlement of these RSUs under their vesting schedules and conditions.