BIXBY TIMOTHY E 4
4 · Lemonade, Inc. · Filed Jul 9, 2026
Research Summary
AI-generated summary of this filing
Lemonade (LMND) CFO Timothy E. Bixby Sells 73,000 Shares
What Happened
Timothy E. Bixby, Chief Financial Officer of Lemonade, sold 73,000 shares on July 7, 2026 in an open-market/private sale (transaction code S). The weighted average price reported was $79.18, generating gross proceeds of approximately $5,780,140. This was a sale (not a purchase); the filing indicates the sale was made pursuant to a pre-set Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-07-07 (reported on Form 4 filed 2026-07-09).
- Transaction type: Sale (S), open market or private sale.
- Shares sold: 73,000; weighted average price: $79.18; total proceeds ≈ $5,780,140.
- Price range: shares were sold in multiple tranches at prices between $76.03 and $81.13 (per footnote). The reporting person can provide a per-price breakdown on request.
- Plan detail: Sale pursuant to a Rule 10b5-1 plan adopted March 13, 2026 (footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Form 4 was filed July 9, 2026 reporting the July 7 transaction; no late-filing indication in the provided data.
Context
Sales made under a Rule 10b5-1 plan are typically pre-arranged and do not, by themselves, indicate a change in insider sentiment. Retail investors should note this was an insider sale (liquidity event) rather than a buy, and the weighted-average price conceals the per-trade breakdown (range provided).
Insider Transaction Report
- Sale
COMMON STOCK
[F1][F2]2026-07-07$79.18/sh−73,000$5,780,140→ 174,263 total
Footnotes (2)
- [F1]Represents sale pursuant to a Rule 10b5-1 trading plan, adopted on March 13, 2026.
- [F2]The price reported in Column 4 is a weighted average price, these shares were sold in multiple transactions ranging from $76.03 to $81.13. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.