STOCK TITAN

Lyft (NASDAQ: LYFT) officer sells 23,661 shares in plan trade

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Lyft, Inc. reported that officer Lindsay Catherine Llewellyn sold 23,661 shares of Class A common stock in an open-market transaction. The shares were sold at a weighted average price of $13.3027 per share in multiple trades between $13.175 and $13.57.

The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2025. After this transaction, Llewellyn beneficially owns 696,850 shares, including shares held through a living trust and restricted stock units that vest over time.

Positive

  • None.

Negative

  • None.
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).
X
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*
Llewellyn Lindsay Catherine

(Last) (First) (Middle)
C/O LYFT, INC.
185 BERRY STREET, SUITE 400

(Street)
SAN FRANCISCO CA 94107

(City) (State) (Zip)
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)
SEE REMARKS
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 02/25/2026 S(1) 23,661 D $13.3027(2) 696,850(3)(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025.
2. This transaction was executed in multiple trades at prices ranging from $13.175 to $13.57. 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. A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary.
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.
Remarks:
Officer title: Chief Legal and Business Officer, Corporate Secretary
/s/ Kevin C. Chen, by power of attorney 02/27/2026
** 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.

FAQ

What did the Lyft (LYFT) officer report in this Form 4 filing?

The filing shows officer Lindsay Catherine Llewellyn sold 23,661 shares of Lyft Class A common stock in an open-market transaction. The sale was executed under a Rule 10b5-1 trading plan and left her with 696,850 shares beneficially owned.

How many Lyft (LYFT) shares did Lindsay Catherine Llewellyn sell and at what price?

She sold 23,661 shares of Lyft Class A common stock at a weighted average price of $13.3027 per share. Individual trades occurred within a price range from $13.175 to $13.57, according to the transaction footnote.

Was the LYFT insider sale by Lindsay Catherine Llewellyn pre-planned under Rule 10b5-1?

Yes, the sale was made pursuant to a Rule 10b5-1 trading plan adopted on May 23, 2025. Such plans allow insiders to schedule trades in advance, helping separate personal portfolio moves from non-public information concerns.

How many Lyft (LYFT) shares does Lindsay Catherine Llewellyn own after this transaction?

Following the sale, she beneficially owns 696,850 shares of Lyft Class A common stock. This total includes shares held directly, a portion held by a living trust, and restricted stock units that each represent a right to receive one share upon vesting.

What type of security was involved in this Lyft (LYFT) insider transaction?

The transaction involved Lyft Class A common stock, reported as a non-derivative security. Footnotes add that certain holdings consist of restricted stock units, each representing a contingent right to receive one share of Class A common stock, subject to vesting conditions.

How many total shares did Lyft (LYFT) insider transactions cover in this Form 4?

This Form 4 reports a single net sale of 23,661 shares of Class A common stock. The transaction summary shows one sell transaction, no purchases or other acquisitions, and a net change of minus 23,661 shares for the reporting person.
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Software - Application
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United States
SAN FRANCISCO