Summary by Moomoo AI
Lyft Inc's President, Sverchek Kristin, completed a significant stock acquisition on April 3, 2024, according to a recent filing. Kristin was granted a total of 376,494 shares of Class A Common Stock at no cost. Following these transactions, Kristin now directly holds 985,756 shares of Lyft Inc. Additionally, the report disclosed that Kristin has an indirect beneficial ownership of 70,778 shares, the nature of which is detailed in a footnote. The transactions reflect a substantial increase in Kristin's stake in the company, with the shares acquired directly through grants as part of her compensation as President.