Beggs Jill 4
Research Summary
AI-generated summary
Lyft (LYFT) Director Jill Beggs Sells 2,093 Shares
What Happened Jill Beggs, a director of Lyft, sold 2,093 shares of LYFT in an open-market transaction on May 27, 2026. The weighted-average sale price was $13.76 per share, generating approximately $28,798 in proceeds. This was a sale (not a purchase) and was executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-05-27 (reported on Form 4 filed 2026-05-29; accession 0002006278-26-000002)
- Type: Open-market sale (Code S)
- Shares sold: 2,093
- Weighted-average price: $13.76; total proceeds ≈ $28,798
- Price range across multiple trades: $13.65 to $13.93 (weighted average reported) — per filer, detailed per-trade breakdown available on request (Footnote F2)
- Plan: Sold pursuant to a Rule 10b5-1 trading plan adopted September 4, 2025 (Footnote F1)
- Shares owned after transaction: Not disclosed in the provided filing
- Timeliness: Filing date (May 29, 2026) is within the typical two‑business‑day Form 4 reporting window for a May 27 transaction (i.e., not late)
Context Sales executed under Rule 10b5-1 plans are scheduled trades made according to a pre-set plan and are commonly used by insiders to avoid trading while in possession of material nonpublic information; the filing simply reports the disposition and does not, by itself, indicate the insider’s view of the company. For retail investors, purchases tend to be more directly informative than routine plan-based sales, but tracking insider activity over time can still be useful.