---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-061020"
form_type: "8-K"
ticker: "LYFT"
cik: "0001759509"
company_name: "Lyft, Inc."
filed_at: "2026-09-09T12:02:16+00:00"
generated_at: "2026-09-09T12:05:05.530609+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lyft names Michael Brous CFO effective Sept 28; Erin Brewer retires, stays as advisor

## Summary
- Michael Brous appointed CFO effective Sept 28, 2026; Erin Brewer retires and advises through Dec 15, 2026.
- Brous receives $650k base salary, 50% target bonus, RSUs worth ~$2.775M, PSUs ~$775k, $11,250/mo housing stipend.
- Brous joined via Motivate acquisition in 2018; led Lyft Urban Solutions with 195k bikes across 55 systems.
- Lyft reaffirms Q3 2026 guidance for Gross Bookings, Adjusted EBITDA, and margin; no figures provided.
- Brewer's tenure: achieved GAAP profitability and generated over $2B free cash flow since 2023.

## SEC filing metadata
- accession: 0001628280-26-061020
- form_type: 8-K
- ticker: LYFT
- cik: 0001759509
- company_name: Lyft, Inc.
- filed_at: 2026-09-09T12:02:16+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759509/000162828026061020/0001628280-26-061020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759509/000162828026061020/lyft-20260906.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-061020
- JSON: https://secwatch.observer/filing/0001628280-26-061020.json
- Plain text: https://secwatch.observer/filing/0001628280-26-061020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.