Lemonade (LMND) Chief Insurance Officer John Peters Receives 10,000 RSUs

What Happened John Sheldon Peters, Chief Insurance Officer of Lemonade, Inc. (LMND), received a grant of 10,000 restricted stock units (RSUs) on July 27, 2026. The RSUs were granted at $0.00 (i.e., an award rather than a purchase) and represent a contingent right to receive one share of common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-07-27 (reported on Form 4 filed 2026-07-29)
• Transaction type/code: Award (A) — 10,000 RSUs granted at $0.00
• Vesting: 16 equal quarterly installments starting September 1, 2026 (16 quarters = 4 years), contingent on continued employment
• Each RSU converts to one share upon vesting (per footnote)
• Shares owned after transaction: Not specified in the provided filing
• Filing timeliness: Filed within two business days (timely)
• No tax withholding or sale noted in this filing

Context RSUs are a form of compensation that only convert into actual shares when they vest; they do not indicate an immediate open-market purchase or sale. Because vesting is contingent on continued employment, the award primarily reflects compensation/retention rather than a direct market signal. Any tax withholding or share delivery will typically be reported separately when vesting occurs or shares are issued.