Lyft, Inc.·4

Feb 27, 4:51 PM ET

Llewellyn Lindsay Catherine 4

Research Summary

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Lyft Chief Legal & Business Officer Llewellyn Sells 23,661 Shares

What Happened

  • Llewellyn Lindsay Catherine, Chief Legal and Business Officer and Corporate Secretary of Lyft, sold 23,661 shares of Lyft Class A common stock in open-market transactions on Feb 25, 2026. The weighted average sale price was $13.30 per share for total proceeds of approximately $314,755. Transaction code: S (sale).

Key Details

  • Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (filed promptly after the trade).
  • Price details: executed in multiple trades at prices ranging from $13.175 to $13.57; $13.30 is the weighted average sale price. The filer can provide the number of shares sold at each price upon request (per the filing).
  • Legal/plan note: Sales were made pursuant to a Rule 10b5-1 trading plan adopted May 23, 2025.
  • Ownership after transaction: not specified in this filing.
  • Other footnotes: a portion of the shares are held in a living trust for which the reporting person is sole trustee and lifetime beneficiary; some of the securities involved are restricted stock units (RSUs), which are contingent rights to receive shares subject to vesting.

Context

  • This was a prearranged sale under a 10b5-1 plan (a common way insiders schedule trades). Such sales are typically routine (liquidity or tax planning) and do not, by themselves, indicate insider sentiment about Lyft’s near-term prospects.