Stephenson Dave 4

What Happened Dave Stephenson, a director of Lyft, received a grant/award of 893 restricted stock units (RSUs) on January 20, 2026. The RSUs were reported at $0.00 per unit (no cash paid) and were granted in lieu of quarterly cash retainers under the issuer’s Outside Director Compensation Policy. Footnotes indicate these RSUs for this award are fully vested and each RSU represents a contingent right to receive one share of Class A common stock.

Key Details

• Transaction date: 2026-01-20; Form 4 filed 2026-01-22 (within the standard Form 4 reporting window).
• Transaction type/code: Award/Grant (A).
• Amount: 893 RSUs at $0.00 reported (no purchase price; non-cash compensation).
• Footnotes: F1 — these securities are fully vested RSUs granted in lieu of cash retainers; F2 — general RSU disclosure noting some RSUs may be subject to vesting schedules.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Reported promptly (not indicated as late).

Context This was a non‑market, non‑purchase compensation award to a director (routine director pay), not an open‑market buy or sale. Fully vested RSUs are a contingent right to receive one share each (settlement may occur per the company’s plan), so this reflects compensation rather than an independent purchase decision.