Aggarwal Prashant 4
4 · Lyft, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Lyft Director Prashant Aggarwal Receives RSU Award
What Happened
- Prashant Aggarwal, a director of Lyft, was granted 18,453 restricted stock units (RSUs) reported on Form 4 for the period 2026-06-03. The RSUs were reported at an acquisition price of $0.00 (code A — grant/award). This is a compensation/retention award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-03. Form filed: 2026-06-05 (timely filing).
- Grant size: 18,453 RSUs; reported acquisition price $0.00.
- Vesting (per footnote F1): one-fourth of the RSUs vests on each of Aug 20, 2026; Nov 20, 2026; Feb 20, 2027; and the earlier of May 20, 2027 or the day before the issuer’s 2027 annual meeting, subject to continued service.
- Footnote F2 notes these securities are RSUs subject to their applicable vesting schedules/conditions.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Additional footnotes (F3–F5) reference other shares held of record by family trusts for which the reporting person and spouse are co-trustees; these relate to other holdings, not the RSU grant.
Context
- RSUs are a contingent right to receive shares if vesting conditions are met; they do not represent immediate cash or tradable shares until vested and settled. This grant is a compensation award (neutral informational signal); it does not indicate a market purchase or sale by the director.
Insider Transaction Report
Form 4
Lyft, Inc.LYFT
Aggarwal Prashant
Director
Transactions
- Award
Class A Common Stock
[F1][F2]2026-06-03+18,453→ 35,195 total
Holdings
- 874,369(indirect: See Footnote)
Class A Common Stock
[F3] - 282,556(indirect: See Footnote)
Class A Common Stock
[F4] - 200,000(indirect: See Footnote)
Class A Common Stock
[F5]
Footnotes (5)
- [F1]These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-fourth of the RSUs shall vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day prior to the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through each such date.
- [F2]Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
- [F3]These shares are held of record by the Aggarwal Lee Family Trust, for which the Reporting Person and his spouse serve as co-trustees.
- [F4]These shares are held of record by the Aggarwal Lee Children's Trust dated March 28, 2016, for which the Reporting Person and his spouse serve as co-trustees.
- [F5]These shares are held of record by the Aggarwal Lee Dynasty Trust dated April 18, 2016, for which the Reporting Person and his spouse serve as co-trustees.
Signature
/s/ Kevin C. Chen, by power of attorney|2026-06-05