---
schema_version: "secwatch.filing_event.v1"
accession: "0001691421-25-000142"
form_type: "8-K"
ticker: "LMND"
cik: "0001691421"
company_name: "Lemonade, Inc."
filed_at: "2025-10-15T23:59:59+00:00"
generated_at: "2026-05-17T03:45:22.221269+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lemonade appoints Prashant Ratanchandani to Board as Class II director effective Oct 15, 2025

## Summary
- Mr. Ratanchandani joins as a Class II director with term expiring at 2028 annual meeting.
- Receives annual cash retainer of $30,000, paid quarterly for board service.
- Initial RSU award of $175,000 vests in equal annual installments over three years.
- Annual RSU award of $150,000 granted after each annual meeting, vesting one year later.
- No family relationships or material interests with other directors or officers disclosed.

## SEC filing metadata
- accession: 0001691421-25-000142
- form_type: 8-K
- ticker: LMND
- cik: 0001691421
- company_name: Lemonade, Inc.
- filed_at: 2025-10-15T23:59:59+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/1691421/000169142125000142/0001691421-25-000142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691421/000169142125000142/lmnd-20251015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001691421-25-000142
- JSON: https://secwatch.observer/filing/0001691421-25-000142.json
- Plain text: https://secwatch.observer/filing/0001691421-25-000142.txt

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