Prosor Maya 4
Research Summary
AI-generated summary
Lemonade (LMND) CBO Maya Prosor Receives RSU Award
What Happened
Maya Prosor, Chief Business Officer of Lemonade, received a grant of 181,389 restricted stock units (RSUs) reported on 2026-03-08 (Form 4 filed 2026-03-10). The grant is recorded at $0.00 (no cash paid at grant). Each RSU is a contingent right to receive one share of Lemonade common stock upon vesting.
Key Details
- Transaction date and type: 2026-03-08 — Grant/Award of 181,389 RSUs (transaction code A), reported at $0.00.
- Vesting: RSUs vest quarterly over 8 years beginning June 1, 2026 with the following schedule: 5% first year, 10% second year, 15% third year, 20% fourth year, 20% fifth year, 15% sixth year, 10% seventh year, 5% eighth year. (Each RSU converts to one share on vesting.)
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note: F1 details the RSU vesting schedule above; F2 notes Prosor is owner of Cohen Holdings, LLC and has voting/dispositive control over shares held by that entity.
- Timeliness: Filed March 10, 2026 for a March 8, 2026 transaction — appears to have been reported shortly after the grant (no late-filing flag shown).
Context
RSU grants are compensation awards, not open-market purchases or sales; they do not represent an immediate cash investment or a sale signal. For retail investors, such awards indicate executive compensation alignment with long-term company performance but are not direct evidence of insider buying or selling intent.