Lemonade (LMND) Chief Business Officer awarded 181,389 RSUs, boosts holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prosor Maya reported acquisition or exercise transactions in this Form 4 filing.
Lemonade, Inc. Chief Business Officer Maya Prosor received a grant of 181,389 restricted stock units, each representing one share of common stock. The RSUs begin vesting quarterly on June 1, 2026, over eight years, with small portions vesting each year, subject to her continued employment. Following this award, she holds 188,793 shares directly and 29,286 shares indirectly through Cohen Holdings, LLC, over which she has voting and dispositive control. This is a compensation-related equity grant, not an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Prosor Maya
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 181,389 | $0.00 | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 188,793 shares (Direct);
COMMON STOCK — 29,286 shares (Indirect, Directly held by Cohen Holdings, LLC)
Footnotes (1)
- Represents an award of restricted stock units ("RSUs"), which will vest in quarterly installments over 8 years, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date. The RSUs begin vesting quarterly on June 1, 2026 with 5% of the award vesting during the first year, 10% during the second year, 15% during the third year, 20% during each of the fourth and fifth years, 15% during the sixth year, 10% during the seventh year and 5% during the eighth year. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The Reporting Person is the owner of Cohen Holdings, LLC and has voting and dispositive control over the shares held by Cohen Holdings, LLC.
FAQ
What did Lemonade (LMND) executive Maya Prosor report in this Form 4?
Maya Prosor reported receiving 181,389 restricted stock units of Lemonade common stock as a compensation award. These RSUs vest over eight years and increase her direct holdings to 188,793 shares, plus 29,286 shares held indirectly through Cohen Holdings, LLC.
Is the Lemonade (LMND) Form 4 a stock purchase or a compensation grant?
The Form 4 reflects a compensation grant, not a stock purchase. Prosor received 181,389 RSUs at no stated purchase price, vesting over time based on continued employment, which is typical for long-term incentive compensation rather than open-market buying.
How do the RSUs granted to Lemonade (LMND) CBO vest over time?
The 181,389 RSUs vest quarterly over eight years starting June 1, 2026. Vesting is 5% in the first year, 10% in the second, 15% in the third, 20% in the fourth and fifth, 15% in the sixth, 10% in the seventh, and 5% in the eighth year.
Does the Lemonade (LMND) Form 4 show any stock sales by Maya Prosor?
The Form 4 does not report any stock sales by Prosor. It shows one acquisition transaction coded as a grant or award of 181,389 RSUs and an indirect holding entry for shares owned through Cohen Holdings, LLC.
What role does Cohen Holdings, LLC play in Maya Prosor’s Lemonade (LMND) holdings?
Cohen Holdings, LLC holds 29,286 Lemonade shares indirectly for Prosor. The filing states she owns Cohen Holdings, LLC and has voting and dispositive control over those shares, meaning she effectively controls that indirect position in addition to her direct holdings.