Form 4: Lyft CFO Erin Brewer Reports Stock Transactions
Insider Transaction Report
Lyft's Chief Financial Officer, Erin Brewer, reported recent transactions involving Class A Common Stock, including tax-related dispositions and a gift.
Summary
- Erin Brewer, Chief Financial Officer of Lyft, Inc., reported transactions on November 20, 2025, related to Class A Common Stock.
- 59,147 shares of Class A Common Stock were withheld by Lyft at a price of $21.21 per share to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs). This does not represent a sale by Ms. Brewer.
- 51,303 shares of Class A Common Stock were disposed of by Ms. Brewer as a gift.
- Concurrently, 51,303 shares of Class A Common Stock were acquired indirectly by the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which Ms. Brewer serves as trustee.
- Following these transactions, Ms. Brewer directly beneficially owns 1,205,205 shares of Class A Common Stock.
- Ms. Brewer indirectly beneficially owns 577,062 shares of Class A Common Stock through the Erin M. Brewer 2022 Trust.
- Certain directly held securities are RSUs, each representing a contingent right to receive one share of Class A Common Stock, subject to applicable vesting schedules and conditions.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions (tax withholding and gifting) by a key executive, which are common occurrences related to equity compensation and personal financial planning, and do not inherently indicate positive or negative company performance.
Positives
- The vesting of Restricted Stock Units (RSUs) indicates continued compensation and retention of a key executive, Erin Brewer.
Negatives
- Direct beneficial ownership decreased by 59,147 shares due to tax withholding related to RSU vesting.
- Direct beneficial ownership decreased by 51,303 shares due to a gift transaction.
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
NA
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- Erin M. Brewer, CFO, gifted 51,303 shares of Class A Common Stock to the Erin M. Brewer 2022 Trust, for which she serves as trustee.
Stakeholder Impact
- Shareholders: Minor change in direct beneficial ownership by a key executive, but overall beneficial ownership (direct + indirect) remains substantial.
- Employees: No direct impact.
- Customers/Suppliers/Creditors: No direct impact.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 08/09/2022 | Date of the Erin M. Brewer 2022 Trust |
| 11/20/2025 | Date of earliest transaction reported |
| 11/21/2025 | Signature date of the reporting person's power of attorney |
Keywords
Lyft, LYFT, Form 4, insider trading, stock transactions, CFO, Erin Brewer, Class A Common Stock, RSU, restricted stock units, beneficial ownership
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