Brewer Erin 4

What Happened

• Erin M. Brewer, Chief Financial Officer of Lyft, had 64,804 shares withheld on May 20, 2026 at $13.18 per share (value $854,117) to satisfy tax withholding in connection with the net settlement of RSUs. The filing also shows a gift/transfer of 55,983 shares (reported as both disposed and acquired at $0.00), which footnotes indicate were placed into the "Erin M. Brewer 2022 Trust" for which she is trustee. The RSUs represent contingent rights to receive shares subject to vesting.

Key Details

• Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (within the typical 2-business-day window).
• Withheld shares: 64,804 @ $13.18 = $854,117 (code F — tax withholding/net settlement).
• Gift/transfer: 55,983 shares reported as gifted/ transferred to the Erin M. Brewer 2022 Trust (code G) at $0.00.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 indicates withholding by issuer to meet tax obligations (not a market sale by the reporting person); F2 notes some securities are RSUs; F3 notes the trust that received the transferred shares.

Context

• The 64,804-share entry is a tax-withholding net settlement of RSUs, a routine administrative action and not necessarily an open-market sale by the insider. Gifts or transfers into a private trust (55,983 shares) are personal estate/planning moves and do not by themselves signal market sentiment.