• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Lyft Inc. filed SEC Form 8-K: Leadership Update

    5/23/25 4:05:58 PM ET
    $LYFT
    Business Services
    Consumer Discretionary
    Get the next $LYFT alert in real time by email
    lyft-20250522
    false000175950900017595092025-05-222025-05-22

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    Form 8-K
    CURRENT REPORT
    Pursuant to Section 13 or 15(d)
    of the Securities Exchange Act of 1934
    Date of Report (Date of earliest event reported): May 22, 2025
    Lyft, Inc.
    (Exact name of registrant as specified in its charter)
    Delaware001-3884620-8809830
    (State or other jurisdiction
    of incorporation)
    (Commission
    File Number)
    (IRS Employer
    Identification No.)
    185 Berry Street, Suite 400
    San Francisco, California 94107
    (Address of principal executive offices, including zip code)
    (844) 250-2773
    (Registrant's telephone number, including area code)
    Not Applicable
    (Former name or former address, if changed since last report)
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading
    Symbol
    Name of each exchange
    on which registered
    Class A Common Stock, par value of $0.00001 per shareLYFTNasdaq Global Select Market
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company  ☐
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐




    Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
    On May 22, 2025, Ariel Cohen informed Lyft, Inc. (the “Company”) of his resignation from the Company’s board of directors (the “Board”), effective immediately. Mr. Cohen’s decision to resign from the Board was due to his other professional responsibilities, and not due to any disagreement with the Company on any matter related to the Company’s operations, policies or practices.

    “On behalf of Lyft’s board of directors and the entire team, I want to express my deep gratitude to Ariel for his significant contributions to Lyft during his tenure,” said Lyft CEO David Risher. “His founder’s perspective, and operational and technical expertise in the travel sector brought valuable insights to our Board and informed our strategy. We will miss his presence on the Board and wish him continued success in his entrepreneurial journey.”

    “Serving on Lyft’s Board for the last four years has been a privilege and a rewarding experience. The Company’s tireless focus on customer obsession is bringing transformation to the industry and driving remarkable momentum in the business,” said Mr. Cohen. “As I now focus my full attention on growing Navan, I remain confident in Lyft’s direction under David’s and the Board’s leadership and the strong foundation the Company has built. I look forward to watching Lyft’s continued innovation and success, knowing the Board and management team will continue driving value for shareholders.”

    The Board intends to decrease the number of authorized directors from ten to nine.





    SIGNATURE
    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
    LYFT, INC.
    Date: May 23, 2025/s/ Lindsay Llewellyn
    Lindsay Llewellyn
    Chief Legal Officer and Secretary


    Get the next $LYFT alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $LYFT

    DatePrice TargetRatingAnalyst
    5/9/2025$20.00Neutral → Buy
    Goldman
    4/16/2025$15.00Outperform
    Oppenheimer
    4/3/2025$10.50Buy → Underperform
    BofA Securities
    1/6/2025$20.00Hold → Buy
    The Benchmark Company
    10/25/2024Hold
    The Benchmark Company
    9/24/2024Mkt Perform
    Raymond James
    9/5/2024$13.00Neutral
    Cantor Fitzgerald
    8/23/2024Reduce → Neutral
    Nomura
    More analyst ratings

    $LYFT
    SEC Filings

    See more
    • SEC Form DEFR14A filed by Lyft Inc.

      DEFR14A - Lyft, Inc. (0001759509) (Filer)

      5/23/25 4:12:20 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Lyft Inc. filed SEC Form 8-K: Leadership Update

      8-K - Lyft, Inc. (0001759509) (Filer)

      5/23/25 4:05:58 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • SEC Form SCHEDULE 13G filed by Lyft Inc.

      SCHEDULE 13G - Lyft, Inc. (0001759509) (Subject)

      5/15/25 11:35:58 AM ET
      $LYFT
      Business Services
      Consumer Discretionary

    $LYFT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Lyft upgraded by Goldman with a new price target

      Goldman upgraded Lyft from Neutral to Buy and set a new price target of $20.00

      5/9/25 8:39:21 AM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Oppenheimer initiated coverage on Lyft with a new price target

      Oppenheimer initiated coverage of Lyft with a rating of Outperform and set a new price target of $15.00

      4/16/25 9:08:37 AM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Lyft downgraded by BofA Securities with a new price target

      BofA Securities downgraded Lyft from Buy to Underperform and set a new price target of $10.50

      4/3/25 8:16:18 AM ET
      $LYFT
      Business Services
      Consumer Discretionary

    $LYFT
    Press Releases

    Fastest customizable press release news feed in the world

    See more

    $LYFT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $LYFT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Engine Capital Concludes Campaign at Lyft Following Productive Engagement on Capital Allocation Initiatives

      Engine Capital LP (together with its affiliates, "Engine" or "we") today announced that it is withdrawing its nomination of candidates for election to Lyft, Inc.'s (NASDAQ:LYFT) ("Lyft" or the "Company") Board of Directors (the "Board") at the 2025 Annual Meeting of Shareholders following its engagement with the Company. Arnaud Ajdler, Founder and Portfolio Manager of Engine, commented: "We appreciate the Board's willingness to engage with us about steps that can be taken to enhance value for all of Lyft's shareholders. Following a series of productive conversations, the Board has taken an important first step by committing to significant share repurchases in the coming quarters. In light

      5/9/25 8:30:00 AM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Lyft Reports Strong Q1 2025 Financial Results

      Strongest start to the year ever with record Q1 Gross Bookings and Active Riders growth accelerating Cash flow generation approaching $1 billion for the trailing twelve months Increasing share repurchase program to $750 million Lyft, Inc. (NASDAQ:LYFT) today announced strong financial results for the first quarter ended March 31, 2025. "Q1 marked Lyft's 16th consecutive quarter of double-digit year on year Gross Bookings growth demonstrating the resilience and momentum of our customer-obsessed strategy," said Lyft CEO David Risher. "In the last week of March, rides reached the highest weekly levels in our history and dual-app drivers reported a 23 percentage point preference for Lyft. W

      5/8/25 4:01:00 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Engine Capital Issues Presentation Highlighting the Case for Boardroom Change at Lyft and Opportunities for Meaningful Value Creation

      Details the Board's Numerous Governance and Capital Allocation Shortcomings, Including a Dual-Class Share Structure, Staggered Board, Unsustainable Level of Dilution, and Unoptimized Balance Sheet Highlights its Director Candidates' Substantial Public Company Board Experience, Capital Allocation Expertise, and Track Records of Value Creation Believes Lyft Should Immediately Implement a $750 Million Accelerated Share Repurchase Program, Eliminate the Dual-Class Share Structure, and De-Stagger the Board Files Definitive Proxy Statement and Urges Shareholders to Vote FOR Alan L. Bazaar and Daniel B. Silvers on the BLUE Universal Proxy Card as Replacements for Directors Sean Aggarwal and Bet

      4/29/25 8:00:00 AM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • CHIEF LEGAL OFFICER, SECRETARY Llewellyn Lindsay Catherine covered exercise/tax liability with 49,535 shares, decreasing direct ownership by 5% to 911,162 units (SEC Form 4)

      4 - Lyft, Inc. (0001759509) (Issuer)

      5/22/25 8:30:18 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Officer Brewer Erin covered exercise/tax liability with 59,147 shares, gifted 51,303 shares and received a gift of 51,303 shares, decreasing direct ownership by 6% to 1,653,377 units (SEC Form 4)

      4 - Lyft, Inc. (0001759509) (Issuer)

      5/22/25 8:28:28 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • CHIEF LEGAL OFFICER, SECRETARY Llewellyn Lindsay Catherine sold $283,170 worth of shares (22,736 units at $12.45), decreasing direct ownership by 2% to 959,697 units (SEC Form 4)

      4 - Lyft, Inc. (0001759509) (Issuer)

      5/2/25 8:17:42 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Lyft Inc.

      SC 13G/A - Lyft, Inc. (0001759509) (Subject)

      12/4/24 2:38:58 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Lyft Inc.

      SC 13G/A - Lyft, Inc. (0001759509) (Subject)

      11/12/24 10:32:11 AM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • SEC Form SC 13G filed by Lyft Inc.

      SC 13G - Lyft, Inc. (0001759509) (Subject)

      10/23/24 1:55:36 PM ET
      $LYFT
      Business Services
      Consumer Discretionary

    $LYFT
    Financials

    Live finance-specific insights

    See more
    • Lyft to Announce First Quarter 2025 Financial Results

      Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the first quarter of 2025 after the close of the market on Thursday, May 8, 2025. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of means, inc

      4/15/25 4:05:00 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Lyft To Announce Fourth Quarter and Full-Year 2024 Financial Results

      Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the fourth quarter and full-year 2024 after the close of the market on Tuesday, February 11, 2025. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a v

      1/21/25 4:05:00 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Lyft To Announce Third Quarter 2024 Financial Results

      Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the third quarter of 2024 after the close of the market on Wednesday, November 6, 2024. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of mean

      10/16/24 4:05:00 PM ET
      $LYFT
      Business Services
      Consumer Discretionary

    $LYFT
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Executive Officer Risher John David bought $250,272 worth of shares (13,790 units at $18.15), increasing direct ownership by 0.11% to 12,112,796 units (SEC Form 4)

      4 - Lyft, Inc. (0001759509) (Issuer)

      11/14/24 4:05:10 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Chief Executive Officer Risher John David bought $501,025 worth of shares (51,815 units at $9.67), increasing direct ownership by 0.43% to 12,099,006 units (SEC Form 4)

      4 - Lyft, Inc. (0001759509) (Issuer)

      8/13/24 4:07:54 PM ET
      $LYFT
      Business Services
      Consumer Discretionary

    $LYFT
    Leadership Updates

    Live Leadership Updates

    See more
    • Lyft Announces Strong Q3 2024 Financial Results and Raises Full-Year Outlook

      Active Riders and Rides reached new all-time highs Gross Bookings grew 16% year-over-year Lyft, Inc. (NASDAQ:LYFT) today announced financial results for the third quarter ended September 30, 2024. "Our team delivered one of the strongest quarters in Lyft history, following the many new innovations we've brought to drivers and riders so far this year," said CEO David Risher. "Going forward, our work with best-of-breed partners and the autonomous future we're building will give people even more reasons to choose Lyft every time." "Operational excellence underpins the health of our marketplace and remains a long-term driver of our business," said CFO Erin Brewer. "In Q3, we delivered across

      11/6/24 4:05:00 PM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • Lyft Announces New Round of Autonomous Partnerships

      Lyft to join forces with Mobileye, May Mobility, and Nexar to connect riders to AVs Lyft, Inc. (NASDAQ:LYFT), one of North America's largest transportation networks, announced plans for multiple autonomous vehicle (AV) partnerships to connect the Lyft community with future AV rides in the Lyft app. Today, Lyft is announcing its next step in delivering AVs to millions of people. Lyft and Mobileye, a leader in self-driving tech and advanced driver assistance systems (ADAS) plan to bring AVs to the Lyft network. Through this partnership, Lyft will make its scaled rideshare platform available to all vehicles with Mobileye's self-driving technology. Vehicles equipped with Mobileye Drive techno

      11/6/24 9:00:00 AM ET
      $LYFT
      Business Services
      Consumer Discretionary
    • ezCater Names Kaushik Subramanian as Chief Revenue Officer

      Subramanian joins the leading food for work technology company in the US, bringing more than 20 years of experience at high-growth companies ezCater, the leading food for work technology company in the US, today announced it has named Kaushik Subramanian as Chief Revenue Officer, effective June 3, 2024. Subramanian is a seasoned technology executive with over 20 years of business management experience at high-growth companies and marketplaces, including Lyft, Inc. (NASDAQ:LYFT), Amazon.com, Inc. (NASDAQ:AMZN), and Visa, Inc. (NYSE:V). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240603123872/en/ezCater, the leading food for

      6/3/24 6:00:00 AM ET
      $AMZN
      $LYFT
      $V
      Catalog/Specialty Distribution
      Consumer Discretionary
      Business Services