Schwartz Debra 4

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.