Lyft CFO Erin Brewer Sells 15,000 Shares

What Happened

• Erin M. Brewer, Chief Financial Officer of Lyft (LYFT), sold 15,000 shares of Class A common stock on 2026-09-24 in an open-market transaction. The weighted average sale price was $14.64 per share, for total proceeds of approximately $219,632. This was a sale (not a purchase); such transactions are often routine and do not necessarily indicate a change in insider confidence.

Key Details

• Transaction date: 2026-09-24; Form 4 filed: 2026-09-25 (timely).
• Price: weighted average $14.64; executions ranged from $14.47 to $14.93 across multiple trades.
• Shares sold: 15,000; total proceeds ≈ $219,632.
• Plan/authorization: Sold pursuant to a Rule 10b5-1 trading plan adopted March 13, 2026.
• Holdings & vehicle: The shares sold were held by the Erin M. Brewer 2022 Trust (dated Aug 9, 2022), for which Brewer is trustee.
• Security type: Certain securities involved are restricted stock units (RSUs), each representing a contingent right to one share subject to vesting conditions.
• Additional: The reporting person can provide a breakdown of the number of shares sold at each separate sale price upon request to the SEC staff, the issuer, or a security holder.

Context

• Sales under pre-established 10b5-1 plans are common mechanisms for insiders to sell shares on a scheduled basis and are generally considered routine. No exercise of options, gifts, or tax-withholding transactions are reported in this filing.