Lyft executive sells 23,661 shares under 10b5-1
Lyft, Inc. reported that officer Lindsay Catherine Llewellyn sold 23,661 shares of Class A common stock in an open-market transaction.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 23,661 | $13.3027 | $315K |
Footnotes (4)
- F1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025.
- F2. 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.
- F3. A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary.
- 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.
FAQ
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What did the Lyft (LYFT) officer report in this Form 4 filing?
Was the LYFT insider sale by Lindsay Catherine Llewellyn pre-planned under Rule 10b5-1?
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