Brewer Erin 4

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.