Lyft CFO logs gifts and RSU tax share withholding
Lyft, Inc. Chief Financial Officer Erin Brewer reported non-market dispositions of Class A Common Stock.
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 1,205,200 shares held directly and 720,979 shares held indirectly via the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 64,804 | $13.18 | $854K |
| Gift | Class A Common Stock | 55,983 | $0.00 | $0.00 |
| Gift | Class A Common Stock | 55,983 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- 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.
- F3. 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
Key Terms
bona fide gift financial
restricted stock units (RSUs) financial
net settlement financial
tax withholding and remittance obligations financial
contingent right financial
FAQ
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What insider transactions did Lyft (LYFT) CFO Erin Brewer report?
What does the tax withholding transaction mean in the Lyft (LYFT) Form 4?
How are restricted stock units (RSUs) involved in Lyft (LYFT) CFO’s Form 4?
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