Beggs Jill 4
Research Summary
AI-generated summary
Lyft (LYFT) Director Jill Beggs Receives RSU Award
What Happened
- Jill Beggs, a director of Lyft, received a grant of 18,453 restricted stock units (RSUs) on June 3, 2026. The RSUs were awarded at $0.00 per unit (no cash exchanged) and represent a contingent right to receive one share of Class A common stock upon vesting.
Key Details
- Transaction date: 2026-06-03; Report filed: 2026-06-05 (timely).
- Transaction type: Award/Grant (code A); 18,453 RSUs @ $0.00, total immediate cash value $0.
- Vesting (footnote F1 highlights a schedule for these RSUs): one-fourth vests on each of Aug 20, 2026; Nov 20, 2026; Feb 20, 2027; and the earlier of May 20, 2027 or the day before the 2027 annual meeting, subject to continued service.
- Footnote F2: Certain securities described are RSUs subject to their own vesting schedules and conditions.
- Shares owned after the grant: not specified in this filing.
- Filing timeliness: filed within typical director-reporting window; not marked late.
Context
- RSUs are a form of equity compensation that convert into shares when they vest; they do not require immediate cash payment and are common for board compensation. This grant is neither a purchase nor a sale and does not by itself indicate a trading signal.