Lawee David 4

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.