Lindsay Catherine Llewellyn, Chief Legal Officer and Corporate Secretary of Lyft, Inc. (NASDAQ:LYFT), filed a Form 4 on September 3, 2026, disclosing the sale of 13,204 shares of Class A Common Stock on September 1, 2026.
Key Highlights
- Shares sold: 13,204 shares of Class A Common Stock were disposed of on September 1, 2026.
- Sale price: Shares were sold at $16.6397 per share.
- Planned transaction: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 2, 2026.
- Remaining ownership: Following the transaction, the reporting person beneficially owned 781,152 shares of Class A Common Stock.
- Ownership structure: A portion of the shares are held by a living trust for which the reporting person is the sole trustee and lifetime beneficiary.
- RSUs included: Certain of the beneficially owned securities are restricted stock units, each representing a contingent right to receive one share of Class A Common Stock, subject to applicable vesting conditions.
Lyft CLO Lindsay Catherine Llewellyn Reports Share Disposition Under Pre-Planned Trading Program
According to the filing, Lindsay Catherine Llewellyn, identified as Chief Legal Officer and Corporate Secretary of Lyft, Inc., disposed of 13,204 shares of Class A Common Stock on September 1, 2026, at a price of $16.6397 per share. The transaction was coded as a sale (code "S") and was reported as a direct ownership transaction.
The filing states that the sale was executed pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on June 2, 2026. Rule 10b5-1 plans allow corporate insiders to establish pre-scheduled trading arrangements at a time when they are not in possession of material non-public information. The form was signed on September 3, 2026, by Kevin C. Chen acting under power of attorney.
Following the reported sale, the filing indicates Llewellyn beneficially owned 781,152 shares of Class A Common Stock. The filing notes that a portion of those shares are held through a living trust for which she serves as sole trustee and lifetime beneficiary. Additionally, the filing discloses that certain of the reported securities consist of restricted stock units, each representing a contingent right to receive one share of Class A Common Stock subject to applicable vesting schedules and conditions.
What Was Disclosed
The Form 4 disclosed a September 1, 2026 sale of 13,204 shares of Lyft Class A Common Stock by Chief Legal Officer Lindsay Catherine Llewellyn at $16.6397 per share under a pre-established Rule 10b5-1 plan, with 781,152 shares remaining beneficially owned afterward.



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