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[Form 4] Lemonade, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Adina Eckstein, Chief Operating Officer of Lemonade, Inc. (LMND), was granted 38,334 restricted stock units on 08/21/2025. Each restricted stock unit represents a contingent right to receive one share of Lemonade common stock and will vest in 12 equal quarterly installments beginning August 1, 2025, subject to the reporting person's continued employment through each vesting date. After the reported grant, the filing shows the reporting person beneficially owns 227,987 shares of common stock. The Form 4 was signed by Timothy Bixby as attorney-in-fact on 08/25/2025.

Adina Eckstein, Chief Operating Officer di Lemonade, Inc. (LMND), ha ricevuto 38.334 unità di azioni vincolate in data 21/08/2025. Ciascuna unità vincolata attribuisce il diritto condizionato a ricevere una azione ordinaria di Lemonade e si maturerà in 12 rate trimestrali uguali a partire dal 1° agosto 2025, subordinatamente alla permanenza in servizio della persona interessata fino a ciascuna data di maturazione. Dopo l’assegnazione riportata, la comunicazione indica che la persona beneficiaria detiene effettivamente 227.987 azioni ordinarie. Il modulo Form 4 è stato firmato da Timothy Bixby in qualità di procuratore il 25/08/2025.

Adina Eckstein, directora de operaciones de Lemonade, Inc. (LMND), recibió 38.334 unidades de acciones restringidas el 21/08/2025. Cada unidad restringida otorga el derecho contingente a recibir una acción ordinaria de Lemonade y se consolidará en 12 cuotas trimestrales iguales a partir del 1 de agosto de 2025, sujeto a la continuidad en el empleo de la persona informante hasta cada fecha de consolidación. Tras la concesión informada, el registro muestra que la persona beneficiaria posee de forma beneficiosa 227.987 acciones ordinarias. El Formulario 4 fue firmado por Timothy Bixby como apoderado el 25/08/2025.

Adina Eckstein(레모네이�, Inc. LMND� 최고운영책임�)� 2025� 8� 21일에 38,334개의 제한주식단위(RSU)� 부여받았습니다. � 제한주식단위� 레모네이� 보통� 1주를 받을 � 있는 조건부 권리� 의미하며, 2025� 8� 1일부� 시작하여 � 12회의 동일� 분기� 할부� 베스팅되�, � 베스팅일에까지 보고자의 고용� 유지되어� 합니�. 보고� 부� � 해당 보고서는 보고자가 실질적으� 227,987주의 보통주를 보유하고 있음� 나타냅니�. Form 4� 2025� 8� 25� Timothy Bixby가 대리인 자격으로 서명했습니다.

Adina Eckstein, directrice des opérations de Lemonade, Inc. (LMND), s'est vu attribuer 38 334 unités d'actions restreintes le 21/08/2025. Chaque unité d'action restreinte représente le droit conditionnel de recevoir une action ordinaire de Lemonade et sera acquise par paliers en 12 versements trimestriels égaux à compter du 1er août 2025, sous réserve du maintien en fonction de la personne déclarée jusqu'à chaque date d'acquisition. Après l'attribution signalée, le dépôt indique que la personne déclarante détient effectivement 227 987 actions ordinaires. Le formulaire Form 4 a été signé par Timothy Bixby en qualité de mandataire le 25/08/2025.

Adina Eckstein, Chief Operating Officer von Lemonade, Inc. (LMND), wurde am 21.08.2025 38.334 Restricted Stock Units gewährt. Jede Restricted Stock Unit gewährt das bedingte Recht, eine Stammaktie von Lemonade zu erhalten, und wird ab dem 1. August 2025 in 12 gleichen vierteljährlichen Tranchen vesten, vorbehaltlich der fortgesetzten Beschäftigung der meldepflichtigen Person bis zu jedem Vesting-Termin. Nach der gemeldeten Zuteilung weist die Meldung aus, dass die meldepflichtige Person wirtschaftlich 227.987 Stammaktien besitzt. Das Formular Form 4 wurde am 25.08.2025 von Timothy Bixby als Bevollmächtigter unterzeichnet.

Positive
  • 38,334 restricted stock units granted as disclosed
  • Clear vesting schedule: 12 equal quarterly installments beginning August 1, 2025
  • Post-grant beneficial ownership disclosed: 227,987 shares reported
Negative
  • None.

Insights

TL;DR: A routine executive equity grant of 38,334 RSUs, vesting quarterly over three years, increases reported beneficial ownership to 227,987 shares.

The grant is documented as restricted stock units with a specified vesting schedule starting August 1, 2025 and contingent on continued employment. This is a standard compensation mechanism to align long-term incentives with shareholder interests. The Form 4 shows a single non-derivative award and no cash consideration recorded. For investors tracking insider holdings, the filing updates the COOs reported stake in Lemonade.

TL;DR: Disclosure is complete for the reported RSU award and vesting schedule; filing follows Section 16 reporting requirements.

The Form 4 clearly states the award type (restricted stock units), the number of units (38,334), the vesting cadence (12 equal quarterly installments beginning August 1, 2025), and the condition (continued employment). The filing is signed by an attorney-in-fact and reports post-transaction beneficial ownership of 227,987 shares, satisfying transparency expectations for officer compensation changes.

Adina Eckstein, Chief Operating Officer di Lemonade, Inc. (LMND), ha ricevuto 38.334 unità di azioni vincolate in data 21/08/2025. Ciascuna unità vincolata attribuisce il diritto condizionato a ricevere una azione ordinaria di Lemonade e si maturerà in 12 rate trimestrali uguali a partire dal 1° agosto 2025, subordinatamente alla permanenza in servizio della persona interessata fino a ciascuna data di maturazione. Dopo l’assegnazione riportata, la comunicazione indica che la persona beneficiaria detiene effettivamente 227.987 azioni ordinarie. Il modulo Form 4 è stato firmato da Timothy Bixby in qualità di procuratore il 25/08/2025.

Adina Eckstein, directora de operaciones de Lemonade, Inc. (LMND), recibió 38.334 unidades de acciones restringidas el 21/08/2025. Cada unidad restringida otorga el derecho contingente a recibir una acción ordinaria de Lemonade y se consolidará en 12 cuotas trimestrales iguales a partir del 1 de agosto de 2025, sujeto a la continuidad en el empleo de la persona informante hasta cada fecha de consolidación. Tras la concesión informada, el registro muestra que la persona beneficiaria posee de forma beneficiosa 227.987 acciones ordinarias. El Formulario 4 fue firmado por Timothy Bixby como apoderado el 25/08/2025.

Adina Eckstein(레모네이�, Inc. LMND� 최고운영책임�)� 2025� 8� 21일에 38,334개의 제한주식단위(RSU)� 부여받았습니다. � 제한주식단위� 레모네이� 보통� 1주를 받을 � 있는 조건부 권리� 의미하며, 2025� 8� 1일부� 시작하여 � 12회의 동일� 분기� 할부� 베스팅되�, � 베스팅일에까지 보고자의 고용� 유지되어� 합니�. 보고� 부� � 해당 보고서는 보고자가 실질적으� 227,987주의 보통주를 보유하고 있음� 나타냅니�. Form 4� 2025� 8� 25� Timothy Bixby가 대리인 자격으로 서명했습니다.

Adina Eckstein, directrice des opérations de Lemonade, Inc. (LMND), s'est vu attribuer 38 334 unités d'actions restreintes le 21/08/2025. Chaque unité d'action restreinte représente le droit conditionnel de recevoir une action ordinaire de Lemonade et sera acquise par paliers en 12 versements trimestriels égaux à compter du 1er août 2025, sous réserve du maintien en fonction de la personne déclarée jusqu'à chaque date d'acquisition. Après l'attribution signalée, le dépôt indique que la personne déclarante détient effectivement 227 987 actions ordinaires. Le formulaire Form 4 a été signé par Timothy Bixby en qualité de mandataire le 25/08/2025.

Adina Eckstein, Chief Operating Officer von Lemonade, Inc. (LMND), wurde am 21.08.2025 38.334 Restricted Stock Units gewährt. Jede Restricted Stock Unit gewährt das bedingte Recht, eine Stammaktie von Lemonade zu erhalten, und wird ab dem 1. August 2025 in 12 gleichen vierteljährlichen Tranchen vesten, vorbehaltlich der fortgesetzten Beschäftigung der meldepflichtigen Person bis zu jedem Vesting-Termin. Nach der gemeldeten Zuteilung weist die Meldung aus, dass die meldepflichtige Person wirtschaftlich 227.987 Stammaktien besitzt. Das Formular Form 4 wurde am 25.08.2025 von Timothy Bixby als Bevollmächtigter unterzeichnet.

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).
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*
Eckstein Adina

(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 Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025
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 08/21/2025 A 38,334(1) A $0 227,987 D
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
Explanation of Responses:
1. Represents an award of restricted stock units, which will vest in 12 equal quarterly installments beginning on August 1, 2025, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
Remarks:
/s/ Timothy Bixby, Attorney-in-Fact for Adina Eckstein 08/25/2025
** 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.

FAQ

What was reported on the Form 4 for Lemonade (LMND)?

The Form 4 reports a grant of 38,334 restricted stock units to Adina Eckstein dated 08/21/2025 and filed 08/25/2025.

How do the restricted stock units vest for the LMND grant?

The RSUs vest in 12 equal quarterly installments beginning on August 1, 2025, subject to continued employment.

How many shares does Adina Eckstein beneficially own after the reported transaction?

The filing shows 227,987 shares of common stock beneficially owned following the reported transaction.

Does the Form 4 indicate any cash price paid for the RSUs?

The Form 4 records the RSU award with a price of $0, indicating an equity grant rather than a cash purchase.

Who signed the Form 4 and when was it signed?

The form was signed by Timothy Bixby, Attorney-in-Fact for Adina Eckstein, on 08/25/2025.
Lemonade Inc

NYSE:LMND

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3.91B
60.28M
18.37%
53.63%
23.97%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
United States
NEW YORK