Summary by Futu AI
Lyft Inc's President, Sverchek Kristin, has engaged in a sale of the company's shares, according to a recent filing. The transactions took place over two days, beginning on May 1, 2024, and concluding on May 3, 2024. Kristin sold a total of 10,000 shares of Class A Common Stock through open market or private sales. On the first day, 6,500 shares were sold at a price of $15.5379 per share, followed by 3,500 shares at $17.5008 each on the third of May. After these transactions, Kristin's indirect ownership in Lyft Inc stands at 60,778 shares. The total market value of the disposed shares is approximately $162,249. The sales are reported to be in progress, indicating that there may be additional transactions to report.