Summary by Moomoo AI
John Sheldon Peters, the Chief Insurance Officer of Lemonade, Inc. (ticker: LMND), was granted 4,025 shares of common stock on March 1, 2024. The transaction, which was completed on the same day, was part of a stock grant and did not involve any monetary transaction, as the shares were acquired at a price of $0.00. Following this grant, Peters now directly holds a total of 77,509 shares in the company. The grant is expected to provide additional motivation and align the interests of the executive with those of the shareholders.