Form 4: Lyft Executive's Stock Transaction: Tax Withholding on RSUs
Insider Transaction Report
Lyft's Chief Legal and Business Officer, Lindsay Catherine Llewellyn, reported a disposition of 32,419 shares for tax withholding related to restricted stock units.
Summary
- Lindsay Catherine Llewellyn, Lyft's Chief Legal and Business Officer and Corporate Secretary, reported a transaction involving Class A Common Stock.
- On November 20, 2025, 32,419 shares were disposed of at a price of $21.21 per share.
- This disposition represents shares withheld by Lyft, Inc. to satisfy its tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units (RSUs), and does not constitute a sale by the reporting person.
- Following this reported transaction, Llewellyn beneficially owns 804,076 shares of Class A Common Stock.
- The beneficially owned shares include 713 shares acquired under Lyft's 2019 Employee Stock Purchase Plan on November 15, 2025.
- A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary.
- Certain securities held 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 transaction is a routine tax withholding for RSU settlement, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This is a routine insider transaction related to executive compensation and tax obligations, common across publicly traded companies. It does not reflect broader industry trends or competitive positioning.
Stakeholder Impact
- The transaction is a routine administrative event related to executive compensation and has no direct material impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/15/2025 | Acquisition of 713 shares under the Issuer's 2019 Employee Stock Purchase Plan. |
| 11/20/2025 | Transaction date for the disposition of 32,419 shares for tax withholding related to RSU settlement. |
| 11/21/2025 | Signature date of the reporting person's power of attorney. |
Keywords
Lyft, LYFT, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Tax Withholding, Beneficial Ownership, Executive Stock
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