Whiteside Janey 4
Research Summary
AI-generated summary
Lyft Director Janey Whiteside Receives 735 RSU Award
What Happened
- Janey Whiteside, a director of Lyft, Inc. (LYFT), was granted 735 restricted stock units (RSUs) on 2026-01-20. The Form 4 reports the acquisition price as $0.00, so the reported cash value of the transaction is $0.
- The filing indicates these RSUs were granted in lieu of a quarterly cash retainer under Lyft’s Outside Director Compensation Policy.
Key Details
- Transaction date: 2026-01-20; Form 4 filed: 2026-01-22 (filed within the normal 2-business-day window).
- Shares/units involved: 735 RSUs; reported purchase/award price: $0.00; total reported cash consideration: $0.
- Footnotes: F1 states these securities are fully vested RSUs, each representing a contingent right to one share of Class A common stock and granted in lieu of a cash retainer. F2 is a general note that RSUs represent a right to receive one share subject to applicable vesting schedules/conditions.
- Shares owned following the transaction: not disclosed in the provided summary of the filing.
Context
- RSUs are a form of equity compensation. According to the filing, these were awarded as director compensation rather than an open-market purchase—this is routine compensation activity rather than a public signal of buying or selling.
- If fully vested (per F1), each RSU typically converts to one share under the company’s settlement terms; check future filings or company disclosures for when/if the RSUs are settled or if any withholding occurred.