Schwartz Debra 4
4 · Lemonade, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Lemonade Director Debra Schwartz Receives RSU Award (2,848)
What Happened Debra Schwartz, a director of Lemonade, Inc. (LMND), received an award of 2,848 restricted stock units (RSUs) on June 3, 2026. The award was reported on a Form 4 filed June 5, 2026. The RSUs were granted at $0.00 (typical for RSU grants) and represent a contingent right to receive one share of Lemonade common stock per RSU once vesting conditions are met.
Key Details
- Transaction date: 2026-06-03; Filing date: 2026-06-05 (Form 4 accession 0002000499-26-000002). Transaction code: A (award/grant).
- Shares granted: 2,848 RSUs; grant price reported as $0.00 (standard for RSU awards). Total cash consideration reported: $0.
- Vesting: RSUs vest on the earlier of (i) the day before the first annual meeting following the grant and (ii) June 3, 2027 (per filing footnote).
- Shares owned after transaction: not specified in the provided filing summary.
- Timeliness: Filing appears timely (filed within the standard Form 4 window); no 10b5-1 plan or tax-withholding entries noted.
Context RSUs are a common form of equity compensation for directors; they do not convert into actual shares (or taxable income) until they vest. An RSU grant is a compensation event rather than an open‑market purchase or sale, so it should not be read as a direct buy/sell signal about the insider’s near-term market view.
Insider Transaction Report
- Award
COMMON STOCK
[F1]2026-06-03+2,848→ 24,415 total
Footnotes (1)
- [F1]Represents an award of restricted stock units, which will vest and become exercisable on the earlier of (i) the day immediately preceding the date of the first annual meeting following the date of the grant and (ii) June 3, 2027. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.