Angelidis-Smith Maria 4

What Happened

• Maria Angelidis-Smith, a director of Lemonade, was granted 2,848 restricted stock units (RSUs) on June 3, 2026. The grant is reported as an award (transaction code A) at a reported price of $0.00 (typical for RSU grants; no cash paid).
• The filing does not report a dollar value for the award; each RSU represents a contingent right to receive one share of Lemonade common stock upon vesting.

Key Details

• Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (timely filing).
• Transaction type/code: Award/Grant (A); 2,848 RSUs; reported price $0.00.
• Shares owned after transaction: Not specified in the filing provided.
• Footnotes:
  • F1: RSUs vest on the earlier of (i) the day before the first annual meeting after the grant or (ii) June 3, 2027; each RSU converts to one share upon vesting.
  • F2: Reporting person is Co-Trustee of the Smith Family Trust and has voting and dispositive control over shares held by that Trust (separate from this RSU grant).
• No indication this was a sale, purchase, or option exercise — this is a compensation grant.

Context

• RSU grants are a form of equity compensation and do not involve an open-market purchase; they typically vest over time and are not an immediate market signal of buying or selling activity.
• The filing is informational and does not explain motivation; investors should treat awards as part of compensation practices rather than direct endorsement of near-term stock moves.