SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 5.9% Beneficial Stake in Lyft Class A Common Stock

FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, disclosing a combined beneficial ownership of 5.9% of Lyft Inc.'s Class A Common Stock as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson reported beneficial ownership of 24,235,163.48 shares of Lyft Inc.'s Class A Common Stock.
• This beneficial ownership represents 5.9% of the total outstanding Class A Common Stock of Lyft Inc.
• The filing is an Amendment No. 8 to a previously filed Schedule 13G, indicating an update to their ownership position.
• FMR LLC holds sole voting power over 21,014,583.86 shares and sole dispositive power over 24,235,163.48 shares.
• Abigail P. Johnson holds sole dispositive power over 24,235,163.48 shares, with no sole or shared voting power, as her beneficial ownership is derived from her role and the controlling group within FMR LLC.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Lyft Inc.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing disclosing beneficial ownership, which is neutral in sentiment as it primarily provides factual information without explicit positive or negative commentary on the issuer's performance or outlook.

Positives

• The continued disclosure of a significant stake (5.9%) by a major institutional investor like FMR LLC can be interpreted as a vote of confidence in Lyft Inc.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional holdings, which can influence investor perception and confidence in the company.

Key Dates

Keywords

Lyft Inc., LYFT, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Class A Common Stock, SEC Filing, Institutional Investor, Passive Investment