[SCHEDULE 13G/A] Lyft, Inc. SEC Filing
Filing: Schedule 13G/A reporting beneficial ownership of LYFT INC Class A common stock (CUSIP 55087P104). Date of event: 06/30/2025. Issuer address: 185 BERRY STREET, SUITE 400, SAN FRANCISCO, CA 94107.
Reporting persons: FMR LLC (Type: HC) and Abigail P. Johnson (Type: IN). Aggregate beneficial ownership: 18,774,902.47 shares (4.6% of Class A). FMR voting/dispositive: sole voting power 17,476,510.14; sole dispositive power 18,774,902.47. Abigail P. Johnson: sole dispositive power 18,774,902.47; no voting power reported. Filing signed 08/05/2025. Document certifies holdings were acquired and are held in the ordinary course of business. Exhibit references: Exhibit 99 and Exhibit 24 (power of attorney).
- Transparent disclosure of beneficial ownership: 18,774,902.47 shares (4.6%) reported for LYFT Class A.
- Clear voting/dispositive figures: FMR LLC reports sole voting power of 17,476,510.14 and sole dispositive power of 18,774,902.47.
- Ordinary-course certification included, stating holdings were not acquired to influence control.
- Ownership below 5% (4.6%), limiting potential influence on corporate control compared with larger stakes.
- No shared voting power disclosed, which may limit collaborative influence with other holders.
Insights
TL;DR: FMR LLC and Abigail P. Johnson report a 4.6% beneficial stake in LYFT; holding appears passive and below 5% threshold.
This Schedule 13G/A discloses an aggregate beneficial ownership of 18,774,902.47 shares (4.6%) of LYFT Class A common stock. The filer certifies the position is held in the ordinary course and not for control purposes. FMR reports significant sole voting (17,476,510.14) and sole dispositive power (18,774,902.47), while Abigail P. Johnson reports sole dispositive power without voting power. Given the sub-5% stake and the ordinary-course certification, investor impact is limited.
TL;DR: Disclosure is complete and timely; reported position and certifications indicate no intent to influence control.
The filing includes explicit certification that the securities are held in the ordinary course and not to influence control, and references Exhibit 24 for the power of attorney. The 4.6% ownership is below the 5% reporting threshold that commonly triggers additional scrutiny. The split between dispositive and voting power for the reporting individuals is clearly stated, supporting transparency on control rights.