STOCK TITAN

[Form 4] Lemonade, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

BRC Inc. (BRCC) Form 4 snapshot

On 07/07/2025 the company reported an equity grant to Chief Financial Officer Matthew L. Amigh. The filing discloses two separate awards made under the 2022 Omnibus Incentive Plan:

  • 158,228 Restricted Stock Units (RSUs) that vest in three equal annual instalments beginning one year from the grant date. Each RSU converts into one share of Class A common stock at no cost upon vesting.
  • 804,940 stock options with an exercise price of $1.58, expiring 07/06/2032. The options also vest in three equal annual tranches starting on the first anniversary of the grant.

Following the transaction, the CFO’s direct beneficial ownership stands at 158,228 Class A shares plus 804,940 options. No shares were sold or disposed of, and the filing contains no Rule 10b5-1 notation. Because the awards are time-based rather than performance-based, they primarily serve as a retention and alignment mechanism. The transaction is routine for newly appointed executives, but investors may note the potential dilution of up to 963,168 shares if all instruments settle and exercise.

BRC Inc. (BRCC) riepilogo del Modulo 4

Il 07/07/2025 la società ha comunicato una concessione di azioni al Chief Financial Officer Matthew L. Amigh. La segnalazione rivela due premi distinti concessi ai sensi del Piano Incentivi Omnibus 2022:

  • 158.228 Unità Azionarie Vincolate (RSU) che maturano in tre rate annuali uguali a partire da un anno dalla data di assegnazione. Ogni RSU si trasforma in un'azione di classe A senza costi al momento della maturazione.
  • 804.940 opzioni su azioni con prezzo di esercizio di $1,58, con scadenza il 06/07/2032. Anche queste opzioni maturano in tre tranche annuali uguali a partire dal primo anniversario della concessione.

Dopo l'operazione, la proprietà beneficiaria diretta del CFO è pari a 158.228 azioni di classe A più 804.940 opzioni. Non sono state vendute o cedute azioni, e il modulo non riporta alcuna annotazione secondo la Regola 10b5-1. Poiché i premi sono basati sul tempo e non sulle prestazioni, servono principalmente come meccanismo di fidelizzazione e allineamento. L'operazione è di routine per dirigenti appena nominati, ma gli investitori potrebbero considerare la potenziale diluizione fino a 963.168 azioni se tutti gli strumenti venissero esercitati e regolati.

Resumen del Formulario 4 de BRC Inc. (BRCC)

El 07/07/2025 la empresa reportó una concesión de acciones al Director Financiero Matthew L. Amigh. La presentación revela dos premios separados otorgados bajo el Plan de Incentivos Omnibus 2022:

  • 158,228 Unidades de Acciones Restringidas (RSUs) que se consolidan en tres cuotas anuales iguales comenzando un año después de la fecha de concesión. Cada RSU se convierte en una acción Clase A sin costo al consolidarse.
  • 804,940 opciones sobre acciones con un precio de ejercicio de $1.58, que vencen el 06/07/2032. Las opciones también se consolidan en tres tramos anuales iguales comenzando en el primer aniversario de la concesión.

Tras la transacción, la propiedad beneficiaria directa del CFO es de 158,228 acciones Clase A más 804,940 opciones. No se vendieron ni dispusieron acciones, y la presentación no contiene ninguna anotación bajo la Regla 10b5-1. Dado que los premios están basados en el tiempo y no en el desempeño, sirven principalmente como un mecanismo de retención y alineación. La transacción es habitual para ejecutivos recién nombrados, pero los inversores podrían notar la posible dilución de hasta 963,168 acciones si todos los instrumentos se ejercen y liquidan.

BRC Inc. (BRCC) Form 4 요약

2025년 7월 7일, 회사는 최고재무책임자(CFO) 매튜 L. 아미그에게 주식 부여를 보고했습니다. 이 신고서는 2022년 종합 인센티브 플랜에 따라 두 가지 별도의 보상을 공개합니다:

  • 158,228 제한 주식 단위(RSU)는 부여일로부터 1년 후부터 3년에 걸쳐 균등하게 베스팅됩니다. 각 RSU는 베스팅 시점에 비용 없이 클래스 A 보통주 1주로 전환됩니다.
  • 804,940 주식 옵션은 행사가격 $1.58, 만료일은 2032년 7월 6일입니다. 옵션 역시 부여 1주년부터 3년에 걸쳐 균등하게 베스팅됩니다.

이 거래 후 CFO의 직접 실질 소유는 클래스 A 주식 158,228주와 옵션 804,940주입니다. 주식 매도나 처분은 없었으며, 신고서에는 Rule 10b5-1 관련 표기가 없습니다. 보상이 성과 기반이 아닌 시간 기반이기 때문에 주로 유지 및 정렬 메커니즘으로 작용합니다. 이 거래는 신임 임원에게 일반적인 절차이나, 투자자들은 모든 권리가 행사되고 정산될 경우 최대 963,168주까지 희석 가능성을 주목할 수 있습니다.

Résumé du Formulaire 4 de BRC Inc. (BRCC)

Le 07/07/2025, la société a déclaré une attribution d’actions au Directeur Financier Matthew L. Amigh. Le dépôt révèle deux attributions distinctes dans le cadre du Plan d’Incitation Omnibus 2022 :

  • 158 228 unités d’actions restreintes (RSU) qui acquièrent des droits en trois versements annuels égaux à partir d’un an après la date d’attribution. Chaque RSU se convertit en une action de classe A sans coût lors de l’acquisition des droits.
  • 804 940 options d’achat d’actions avec un prix d’exercice de 1,58 $, expirant le 06/07/2032. Les options acquièrent également des droits en trois tranches annuelles égales à partir du premier anniversaire de l’attribution.

Suite à la transaction, la propriété bénéficiaire directe du CFO s’élève à 158 228 actions de classe A plus 804 940 options. Aucune action n’a été vendue ou cédée, et le dépôt ne comporte aucune mention en vertu de la règle 10b5-1. Étant donné que les attributions sont basées sur le temps et non sur la performance, elles servent principalement de mécanisme de rétention et d’alignement. La transaction est courante pour les cadres nouvellement nommés, mais les investisseurs peuvent noter une dilution potentielle allant jusqu’à 963 168 actions si tous les instruments sont exercés et réglés.

BRC Inc. (BRCC) Form 4 Zusammenfassung

Am 07.07.2025 meldete das Unternehmen eine Aktienzuteilung an den Chief Financial Officer Matthew L. Amigh. Die Meldung offenbart zwei separate Zuteilungen im Rahmen des Omnibus-Anreizplans 2022:

  • 158.228 Restricted Stock Units (RSUs), die in drei gleichen jährlichen Tranchen ab einem Jahr nach dem Zuteilungsdatum vesten. Jede RSU wandelt sich bei Vesting kostenfrei in eine Aktie der Klasse A um.
  • 804.940 Aktienoptionen mit einem Ausübungspreis von 1,58 USD, Laufzeit bis zum 06.07.2032. Die Optionen vesten ebenfalls in drei gleichen jährlichen Tranchen ab dem ersten Jahrestag der Zuteilung.

Nach der Transaktion hält der CFO direkten wirtschaftlichen Eigentum an 158.228 Class A Aktien plus 804.940 Optionen. Es wurden keine Aktien verkauft oder veräußert, und die Meldung enthält keinen Vermerk gemäß Regel 10b5-1. Da die Zuteilungen zeitbasiert und nicht leistungsbasiert sind, dienen sie hauptsächlich der Bindung und Ausrichtung. Die Transaktion ist üblich für neu ernannte Führungskräfte, aber Anleger sollten die potenzielle Verwässerung von bis zu 963.168 Aktien beachten, falls alle Instrumente ausgeübt und abgewickelt werden.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine equity grant; modest positive for alignment, limited market impact.

The CFO received stock incentives typical for executive onboarding—158.2k RSUs and 804.9k options at $1.58. No cash outlay occurred, so the filing does not signal insider conviction through open-market purchases. While the awards strengthen management-shareholder alignment, the aggregate 963k potential new shares equal roughly 1–2% of BRCC’s diluted share count (exact float not provided here), representing minor dilution. Absent sales, the market should view this as neutral-to-slightly positive for retention but not a catalyst for the stock.

TL;DR: Standard three-year vesting structure; dilution risk manageable, governance norms followed.

The grant terms mirror prevailing governance practice: three-year ratable vesting encourages long-term service, and the option strike price equals current market valuation (information inferred from grant price). No accelerated vesting or one-off bonuses are indicated. The single-person filing confirms individual accountability, and attorney-in-fact signature complies with SEC rules. Overall, the filing is procedurally sound and carries immaterial governance risk.

BRC Inc. (BRCC) riepilogo del Modulo 4

Il 07/07/2025 la società ha comunicato una concessione di azioni al Chief Financial Officer Matthew L. Amigh. La segnalazione rivela due premi distinti concessi ai sensi del Piano Incentivi Omnibus 2022:

  • 158.228 Unità Azionarie Vincolate (RSU) che maturano in tre rate annuali uguali a partire da un anno dalla data di assegnazione. Ogni RSU si trasforma in un'azione di classe A senza costi al momento della maturazione.
  • 804.940 opzioni su azioni con prezzo di esercizio di $1,58, con scadenza il 06/07/2032. Anche queste opzioni maturano in tre tranche annuali uguali a partire dal primo anniversario della concessione.

Dopo l'operazione, la proprietà beneficiaria diretta del CFO è pari a 158.228 azioni di classe A più 804.940 opzioni. Non sono state vendute o cedute azioni, e il modulo non riporta alcuna annotazione secondo la Regola 10b5-1. Poiché i premi sono basati sul tempo e non sulle prestazioni, servono principalmente come meccanismo di fidelizzazione e allineamento. L'operazione è di routine per dirigenti appena nominati, ma gli investitori potrebbero considerare la potenziale diluizione fino a 963.168 azioni se tutti gli strumenti venissero esercitati e regolati.

Resumen del Formulario 4 de BRC Inc. (BRCC)

El 07/07/2025 la empresa reportó una concesión de acciones al Director Financiero Matthew L. Amigh. La presentación revela dos premios separados otorgados bajo el Plan de Incentivos Omnibus 2022:

  • 158,228 Unidades de Acciones Restringidas (RSUs) que se consolidan en tres cuotas anuales iguales comenzando un año después de la fecha de concesión. Cada RSU se convierte en una acción Clase A sin costo al consolidarse.
  • 804,940 opciones sobre acciones con un precio de ejercicio de $1.58, que vencen el 06/07/2032. Las opciones también se consolidan en tres tramos anuales iguales comenzando en el primer aniversario de la concesión.

Tras la transacción, la propiedad beneficiaria directa del CFO es de 158,228 acciones Clase A más 804,940 opciones. No se vendieron ni dispusieron acciones, y la presentación no contiene ninguna anotación bajo la Regla 10b5-1. Dado que los premios están basados en el tiempo y no en el desempeño, sirven principalmente como un mecanismo de retención y alineación. La transacción es habitual para ejecutivos recién nombrados, pero los inversores podrían notar la posible dilución de hasta 963,168 acciones si todos los instrumentos se ejercen y liquidan.

BRC Inc. (BRCC) Form 4 요약

2025년 7월 7일, 회사는 최고재무책임자(CFO) 매튜 L. 아미그에게 주식 부여를 보고했습니다. 이 신고서는 2022년 종합 인센티브 플랜에 따라 두 가지 별도의 보상을 공개합니다:

  • 158,228 제한 주식 단위(RSU)는 부여일로부터 1년 후부터 3년에 걸쳐 균등하게 베스팅됩니다. 각 RSU는 베스팅 시점에 비용 없이 클래스 A 보통주 1주로 전환됩니다.
  • 804,940 주식 옵션은 행사가격 $1.58, 만료일은 2032년 7월 6일입니다. 옵션 역시 부여 1주년부터 3년에 걸쳐 균등하게 베스팅됩니다.

이 거래 후 CFO의 직접 실질 소유는 클래스 A 주식 158,228주와 옵션 804,940주입니다. 주식 매도나 처분은 없었으며, 신고서에는 Rule 10b5-1 관련 표기가 없습니다. 보상이 성과 기반이 아닌 시간 기반이기 때문에 주로 유지 및 정렬 메커니즘으로 작용합니다. 이 거래는 신임 임원에게 일반적인 절차이나, 투자자들은 모든 권리가 행사되고 정산될 경우 최대 963,168주까지 희석 가능성을 주목할 수 있습니다.

Résumé du Formulaire 4 de BRC Inc. (BRCC)

Le 07/07/2025, la société a déclaré une attribution d’actions au Directeur Financier Matthew L. Amigh. Le dépôt révèle deux attributions distinctes dans le cadre du Plan d’Incitation Omnibus 2022 :

  • 158 228 unités d’actions restreintes (RSU) qui acquièrent des droits en trois versements annuels égaux à partir d’un an après la date d’attribution. Chaque RSU se convertit en une action de classe A sans coût lors de l’acquisition des droits.
  • 804 940 options d’achat d’actions avec un prix d’exercice de 1,58 $, expirant le 06/07/2032. Les options acquièrent également des droits en trois tranches annuelles égales à partir du premier anniversaire de l’attribution.

Suite à la transaction, la propriété bénéficiaire directe du CFO s’élève à 158 228 actions de classe A plus 804 940 options. Aucune action n’a été vendue ou cédée, et le dépôt ne comporte aucune mention en vertu de la règle 10b5-1. Étant donné que les attributions sont basées sur le temps et non sur la performance, elles servent principalement de mécanisme de rétention et d’alignement. La transaction est courante pour les cadres nouvellement nommés, mais les investisseurs peuvent noter une dilution potentielle allant jusqu’à 963 168 actions si tous les instruments sont exercés et réglés.

BRC Inc. (BRCC) Form 4 Zusammenfassung

Am 07.07.2025 meldete das Unternehmen eine Aktienzuteilung an den Chief Financial Officer Matthew L. Amigh. Die Meldung offenbart zwei separate Zuteilungen im Rahmen des Omnibus-Anreizplans 2022:

  • 158.228 Restricted Stock Units (RSUs), die in drei gleichen jährlichen Tranchen ab einem Jahr nach dem Zuteilungsdatum vesten. Jede RSU wandelt sich bei Vesting kostenfrei in eine Aktie der Klasse A um.
  • 804.940 Aktienoptionen mit einem Ausübungspreis von 1,58 USD, Laufzeit bis zum 06.07.2032. Die Optionen vesten ebenfalls in drei gleichen jährlichen Tranchen ab dem ersten Jahrestag der Zuteilung.

Nach der Transaktion hält der CFO direkten wirtschaftlichen Eigentum an 158.228 Class A Aktien plus 804.940 Optionen. Es wurden keine Aktien verkauft oder veräußert, und die Meldung enthält keinen Vermerk gemäß Regel 10b5-1. Da die Zuteilungen zeitbasiert und nicht leistungsbasiert sind, dienen sie hauptsächlich der Bindung und Ausrichtung. Die Transaktion ist üblich für neu ernannte Führungskräfte, aber Anleger sollten die potenzielle Verwässerung von bis zu 963.168 Aktien beachten, falls alle Instrumente ausgeübt und abgewickelt werden.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BIXBY TIMOTHY E

(Last) (First) (Middle)
C/O LEMONADE, INC.
5 CROSBY STREET, 3RD FLOOR

(Street)
NEW YORK NY 10013

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Lemonade, Inc. [ LMND ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK 07/07/2025 M 11,000 A $23.69 274,393 D
COMMON STOCK 07/07/2025 S(1) 5,000 D $42.28 269,393 D
COMMON STOCK 07/07/2025 S(1) 6,000 D $42.5 263,393 D
COMMON STOCK 30,000 I Held by Timothy E Bixby Family Trust(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
STOCK OPTION $23.69 07/07/2025 M 11,000 (3) 09/25/2029 COMMON STOCK 11,000 $23.69 289,300 D
Explanation of Responses:
1. Represents sale pursuant to a Rule 10b5-1 trading plan adopted December 12, 2024.
2. The Reporting Person is Co-Trustee of Timothy E. Bixby Family Trust ("Trust") and has voting and dispositive control over the shares held by Trust.
3. The stock option is fully vested.
Remarks:
/s/ Timothy Bixby 07/09/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Lemonade Inc

NYSE:LMND

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3.06B
58.54M
25.2%
46.27%
22.3%
Insurance - Property & Casualty
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United States
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