Lawee David 4

What Happened
David Lawee, a director of Lyft, received an award of 824 restricted stock units (RSUs) on January 20, 2026. The filing reports the grant as 824 shares acquired at $0.00 (total reported value $0) because the RSUs were issued in lieu of quarterly cash retainer payments under Lyft’s Outside Director Compensation Policy.

Key Details

• Transaction date: 2026-01-20; reported on Form 4 filed 2026-01-22 (appears timely within the 2-business-day rule).
• Quantity and price: 824 RSUs @ $0.00 (reported acquisition value $0).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: F1 notes these are fully vested RSUs granted in lieu of cash retainer; delivery occurs on the earlier of (i) immediately prior to a change in control or (ii) within 60 days after the director’s retirement/separation. F2 notes certain securities are RSUs subject to applicable vesting schedules and conditions.
• No 10b5-1 plan, tax-withholding sale, or cashless exercise was reported.

Context
RSUs are a form of equity compensation that convert to shares when delivered. Although F1 says these RSUs are fully vested, delivery to Lawee is contingent on specified events (change in control or separation/retirement timing), so he does not yet hold delivered shares. This is an award (not an open-market buy or sale) and therefore is routine compensation-related insider activity rather than a direct market purchase or sale.