Schreiber Daniel A. 4

What Happened
Daniel A. Schreiber, CEO of Lemonade, Inc. (LMND), disposed of 9,108 shares on January 23, 2026. The shares were sold for a weighted average price of $99.04 per share, generating proceeds of approximately $902,056. The sale is reported as an open market/private sale (code S).

Key Details

• Transaction date: January 23, 2026 (reported on Form 4 filed February 4, 2026).
• Price: weighted average $99.04 per share; shares were sold in multiple transactions (reporting person can provide per-price breakdown on request).
• Total proceeds: ~$902,056.
• Footnotes: F1 — sale executed pursuant to a Rule 10b5-1 trading plan adopted Dec 11, 2024; F2 — weighted average price, multiple trades; F3 — reporting person has voting/dispositive control over shares held by Dan and Dan Ltd.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Timeliness: The Form 4 was filed Feb 4, 2026, about 12 days after the transaction date; Form 4s are normally due within two business days, so this filing appears late.

Context
This was a sale under a pre-established 10b5-1 plan, which typically indicates the trades were scheduled in advance and not an immediate signal of the insider’s current view. Sales are common and less informative than purchases for signaling insider confidence. The filing notes multiple transactions at different prices (weighted average reported); the filer can provide a detailed per-trade price breakdown if requested.