Brewer Erin 4
4 · Lyft, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Lyft (LYFT) CFO Erin Brewer Sells 15,000 Shares
What Happened Erin M. Brewer, Lyft’s Chief Financial Officer, sold 15,000 shares of Lyft common stock in an open-market transaction on June 12, 2026. The shares were disposed at a weighted average price of $13.59 per share, producing gross proceeds of about $203,888. The sale was executed under a pre-established Rule 10b5-1 trading plan adopted March 13, 2026.
Key Details
- Transaction date: 2026-06-12; sale reported on Form 4 filed 2026-06-16 (timely filing).
- Price: Weighted average $13.59; individual trades ranged $13.49–$13.79 (executed in multiple trades).
- Shares sold: 15,000; total proceeds ≈ $203,888.
- Shares held in: Erin M. Brewer 2022 Trust (Reporting Person is trustee).
- Some of the securities sold were restricted stock units (RSUs) that represent contingent rights to receive shares subject to vesting.
- The filer notes they will provide per-trade breakdowns on request to the SEC, issuer, or a security holder.
- Shares owned after the transaction were not provided in the information supplied.
Context This was a planned sale under a 10b5-1 program (common for executives to manage scheduled disposals and avoid questions about timing). Sales are often routine and do not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases can be a stronger signal of insider conviction; this filing documents routine liquidity under a pre-set plan.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-06-12$13.59/sh−15,000$203,888→ 705,979 total(indirect: See Footnote)
- 1,205,200
Class A Common Stock
[F4]
Footnotes (4)
- [F1]These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026.
- [F2]This transaction was executed in multiple trades at prices ranging from $13.49 to $13.79. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F3]These shares are held by the Erin M. Brewer 2022 Trust, dated August 9, 2022, for which the Reporting Person serves as trustee.
- [F4]Certain of these securities are restricted stock units (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.