Angelidis-Smith Maria 4/A

What Happened
Maria Angelidis‑Smith, a Lemonade director, purchased a total of 8,740 shares of Lemonade, Inc. common stock in two open‑market transactions on March 10, 2026. She bought 3,350 shares at $55.30 each (≈ $185,255) and 5,390 shares at $55.70 each (≈ $300,223), for a combined cost of approximately $485,478. These were purchases (transaction code P), which are typically seen as a direct acquisition of shares rather than a disposition.

Key Details

• Transaction dates and prices: Mar 10, 2026 — 3,350 shares @ $55.30; Mar 10, 2026 — 5,390 shares @ $55.70.
• Total acquired: 8,740 shares for ≈ $485,478.
• Shares owned after transaction: Not disclosed in this amended filing.
• Filing status: This is an amended Form 4. Footnote F1 corrects the original transaction code (was mistakenly listed as "A") to "P" (purchase).
• Reporting relationship: Footnote F2 notes the reporting person is Co‑Trustee of the Smith Family Trust (dated Nov 9, 2013) and has voting and dispositive control over the shares held by the Trust.
• Timeliness: The report was filed on Mar 30, 2026 for transactions dated Mar 10, 2026 (the filing was amended and reflects a delayed/amended report).

Context

• These were open‑market purchases of common stock (direct buys), which investors often view as a positive signal because insiders are adding to positions.
• The amendment appears to correct the transaction coding and clarify trustee control; it does not indicate derivative activity, option exercise, gifts, or withholding.
• As always, insider purchases are one data point among many; they do not guarantee future company performance.