---
schema_version: "secwatch.filing_event.v1"
accession: "0001691421-23-000021"
form_type: "8-K"
ticker: "LMND"
cik: "0001691421"
company_name: "Lemonade, Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:32:22.648172+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lemonade's Chief Business Development Officer Jorge Espinel resigns effective March 1, 2023

## Summary
- Jorge Espinel resigns as Chief Business Development Officer, effective March 1, 2023.
- Company extends exercise period for his vested stock options from 90 days to three years in exchange for a general release of claims.
- No successor has been announced for the role.

## SEC filing metadata
- accession: 0001691421-23-000021
- form_type: 8-K
- ticker: LMND
- cik: 0001691421
- company_name: Lemonade, Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1691421/000169142123000021/0001691421-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691421/000169142123000021/lmnd-20230224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001691421-23-000021
- JSON: https://secwatch.observer/filing/0001691421-23-000021.json
- Plain text: https://secwatch.observer/filing/0001691421-23-000021.txt

## Key facts
- Executive change
  Jorge Espinel resigned as Chief Business Development Officer at Lemonade, Inc..
  - Action: resigned
  - Role: Chief Business Development Officer
  source text: On February 24, 2023, Jorge Espinel, a named executive officer of Lemonade, Inc. (the “Company”), resigned from his position as Chief Business Development Officer effective as of March 1, 2023 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1691421/000169142123000021/0001691421-23-000021-index.htm

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