Lemonade (LMND) CFO Timothy Bixby Sells 1,893 Shares

What Happened
Timothy E. Bixby, Chief Financial Officer of Lemonade, Inc. (LMND), sold 1,893 shares on 2026-09-03 at $54.63 per share for total proceeds of $103,415. The Form 4 reports the sale as an open-market or private sale and the filing notes the shares were sold to cover tax withholding related to the vesting and settlement of restricted stock units (RSUs).

Key Details

• Transaction date and price: 2026-09-03 — 1,893 shares at $54.63 each (total $103,415).
• Reported reason: Footnote F1 — sale was not discretionary; shares sold to cover tax withholding on vested RSUs.
• Shares owned after transaction: Not disclosed in the provided filing.
• Filing: Form 4 filed 2026-09-08 (Accession No. 0001232142-26-000008). The filing date is five days after the transaction; Form 4s are normally required within two business days, so investors may want to check the filing for any timeliness explanation.

Context
Sales to cover tax withholding on RSU vesting are routine and generally reflect administrative needs (tax obligations) rather than a change in the insider’s view of the company. This was a sale (not a purchase), so it is typically less informative about insider sentiment than a buy.