Lemonade, Inc.: CFO to join board, new CFO appointed

What happened

• Lemonade, Inc. announced that on Jul 27, 2026 the board approved the transition of Tim Bixby, the Company's chief financial officer, to a Class III member of the board and appointed Nick Stead to succeed Mr. Bixby as the Company's chief financial officer, each effective Jan 1, 2027.
• The company filed Amendment No. 1 to the Original Form 8-K dated Jul 29, 2026 to provide information regarding Mr. Bixby's and Mr. Stead's compensation arrangements, which had not been determined at the time of the original filing.

Key details

• Board action approved on Jul 27, 2026; effectiveness date for both transitions is Jan 1, 2027.
• Original Form 8-K was filed on Jul 29, 2026; this filing is Amendment No. 1 to that Form 8-K.
• Amendment No. 1 provides the compensation arrangements for Tim Bixby and Nick Stead.
• Except as set forth in the amendment, no other changes were made to the Original Form 8-K.

Why it may matter

• This filing reports Item 5.02 (Departure of Directors or Certain Officers; Election of Directors), which covers the transition of an officer to a director role, the appointment of a successor officer, and the disclosure of their compensation arrangements.
  A filing does not show why the insider traded or why the company acted.