Angelidis-Smith Maria 4

What Happened
Maria Angelidis‑Smith, a director of Lemonade, Inc. (LMND), was granted two awards on March 10, 2026 totaling 8,740 shares. The grants were for 3,350 shares at $55.30 each (value $185,255) and 5,390 shares at $55.70 each (value $300,223), for a combined value of approximately $485,478. These transactions are coded as "A" (award/grant) on the Form 4—they represent compensation or equity awards rather than open‑market purchases or sales.

Key Details

• Transaction dates and prices: 2026-03-10 — 3,350 shares @ $55.30; 5,390 shares @ $55.70.
• Total shares granted: 8,740; total reported value: ~$485,478.
• Filing: Form 4 filed 2026-03-12 for transactions on 2026-03-10 (filed within the typical two‑business‑day window).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The reporting person is Co‑Trustee of the Smith Family Trust (dated Nov. 9, 2013) and has voting and dispositive control over shares held by that Trust.

Context
Equity awards like these are commonly granted to directors as part of compensation and do not necessarily signal a personal purchase decision. The filing shows grant prices that reflect the fair market value used for the award on the grant date. The footnote indicates the shares are associated with a family trust over which Angelidis‑Smith has control.