Form 4: Lyft CFO Erin Brewer Reports Stock Transactions

Erin Brewer, CFO of Lyft, reports the withholding and disposal of Class A Common Stock to cover tax obligations and a transfer to a trust.

Summary

• Erin Brewer, the CFO and Interim Chief Accounting Officer of Lyft, filed a Form 4 detailing changes in beneficial ownership of Lyft's Class A Common Stock.
• On May 20, 2025, 59,147 shares were withheld by Lyft to satisfy tax obligations related to the net settlement of restricted stock units (RSUs) at a price of $16.76.
• Also on May 20, 2025, 51,303 shares were disposed of and transferred to the Erin M. Brewer 2022 Trust.
• Following these transactions, Brewer directly owns 1,653,377 shares of Class A Common Stock and indirectly owns 398,889 shares through the Erin M. Brewer 2022 Trust.
• Certain of the directly owned securities are RSUs, each representing a contingent right to receive one share of Class A Common Stock, subject to vesting schedules and conditions.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key executives.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal stock management by the CFO.

Key Dates

Keywords

Form 4, Lyft, Erin Brewer, CFO, Class A Common Stock, RSUs, Beneficial Ownership, Tax Withholding, Erin M. Brewer 2022 Trust