Form 4: Lyft Legal Chief Sells 14,606 Shares Under 10b5-1 Plan

Lyft's Chief Legal and Business Officer, Lindsay Catherine Llewellyn, sold 14,606 shares of Class A Common Stock for $20 per share as part of a pre-arranged trading plan.

Summary

• Lindsay Catherine Llewellyn, Lyft's Chief Legal and Business Officer and Corporate Secretary, reported a sale of Class A Common Stock.
• The transaction involved the disposition of 14,606 shares of Class A Common Stock.
• The shares were sold at a price of $20 per share.
• The sale was executed on September 15, 2025.
• This transaction was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted by the reporting person on May 23, 2025.
• Following this transaction, Lindsay Catherine Llewellyn beneficially owns 835,782 shares of Class A Common Stock.
• A portion of the beneficially owned shares are held by a living trust for which the reporting person is the sole trustee and lifetime beneficiary.
• Certain beneficially owned securities are Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Class A Common Stock, subject to vesting.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned insider stock sale under a 10b5-1 plan, which is a neutral event for the company's operational or financial performance. It does not indicate positive or negative sentiment regarding the company's prospects.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• Officer title: Chief Legal and Business Officer, Corporate Secretary (Lindsay Catherine Llewellyn).

Industry Context

This filing reports a routine insider stock transaction and does not provide information related to broader industry trends or competitive landscape within the ride-sharing or transportation sector.

Related Party Transactions

• A portion of the beneficially owned shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary.

Stakeholder Impact

• Shareholders: A routine insider sale under a 10b5-1 plan typically has minimal direct impact on shareholders, as it is a pre-scheduled event and not indicative of immediate changes in company fundamentals or management's confidence.

Key Dates

Keywords

Lyft, LYFT, insider trading, Form 4, stock sale, executive compensation, 10b5-1 plan, Class A Common Stock