Lawee David 4
4 · Lyft, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Lyft (LYFT) Director David Lawee Receives 18,453-Share RSU Award
What Happened
- David Lawee, a director of Lyft, was granted 18,453 restricted stock units (RSUs) on 2026-06-03. The filing reports an acquisition price of $0 (transaction code A — award/grant). The RSUs represent a contingent right to receive one share of Class A common stock per unit upon vesting.
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (timely filing).
- Shares/units granted: 18,453 RSUs; reported acquisition price: $0 (total cash paid $0).
- Shares owned after transaction: not specified in the provided filing.
- Footnote highlights:
- F1: These RSUs vest in four equal installments: one-fourth on each of Aug 20, 2026; Nov 20, 2026; Feb 20, 2027; and the earlier of May 20, 2027 or the day before Lyft's 2027 annual meeting, subject to continued service.
- F2: Confirms these are RSUs subject to applicable vesting schedules and conditions.
- No 10b5-1 plan, tax-withholding sale, or exercise noted in this filing.
Context
- RSUs are a form of compensation: they convert into shares only if and when vesting conditions are met. Such grants primarily reflect company compensation for service rather than an open-market purchase or sale, and do not by themselves indicate the director’s immediate view on the stock.
Insider Transaction Report
Form 4
Lyft, Inc.LYFT
Lawee David
Director
Transactions
- Award
Class A Common Stock
[F1][F2]2026-06-03+18,453→ 123,737 total
Footnotes (2)
- [F1]These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-fourth of the RSUs shall vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the day prior to the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through each such date.
- [F2]Certain of these securities are 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.
Signature
/s/ Kevin C. Chen, by power of attorney|2026-06-05