Llewellyn Lindsay Catherine 4
4 · Lyft, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
Form 4
Lyft, Inc.LYFT
Llewellyn Lindsay Catherine
SEE REMARKS
Transactions
- Sale
Class A Common Stock
[F1][F2][F3][F4]2026-02-25$13.30/sh−23,661$314,755→ 696,850 total
Footnotes (4)
- [F1]These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025.
- [F2]This transaction was executed in multiple trades at prices ranging from $13.175 to $13.57. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- [F3]A portion of the shares are held by a living trust for which the Reporting Person is the sole trustee and lifetime beneficiary.
- [F4]Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
Signature
/s/ Kevin C. Chen, by power of attorney|2026-02-27