Lyft Form 4: CAO retains 316,709 LYFT shares after RSU taxes
Rhea-AI Filing Summary
Lyft, Inc. (LYFT) reported an insider equity transaction by its Chief Accounting Officer on 11/20/2025. The filing shows that 6,624 shares of Class A common stock were withheld by Lyft to cover tax withholding and remittance obligations related to the net settlement of restricted stock units (RSUs), at a reference price of $21.21 per share. This withholding is an administrative step tied to equity compensation and is explicitly noted as not a sale by the reporting person.
After this tax-related withholding, the officer beneficially owns 316,709 shares of Lyft Class A common stock. The explanation further clarifies that certain of these holdings are RSUs, each representing a contingent right to receive one share of Class A common stock, subject to applicable vesting schedules and conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 6,624 | $21.21 | $140K |
Footnotes (1)
- Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs) and does not represent a sale by the Reporting Person. Certain of these securities are 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.
FAQ
What insider transaction did Lyft (LYFT) report in this Form 4?
The Form 4 reports that Lyft's Chief Accounting Officer had 6,624 shares of Class A common stock withheld on 11/20/2025 to satisfy tax withholding obligations related to the net settlement of RSUs.
What are the RSUs mentioned in the Lyft (LYFT) Form 4?
The filing explains that certain of the reported securities are restricted stock units (RSUs), with each RSU representing a contingent right to receive one share of Lyft Class A common stock, subject to the applicable vesting schedule and conditions.
What is the role of the reporting person in Lyft (LYFT)?
The reporting person is an officer of Lyft, serving as the company's Chief Accounting Officer.