secwatch.observer — SEC 8-K summary
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Issuer:     Lemonade, Inc. (LMND)
CIK:        0001691421
Form:       8-K
Filed at:   2025-10-15T23:59:59+00:00
Accession:  0001691421-25-000142
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1691421/000169142125000142/0001691421-25-000142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1691421/000169142125000142/lmnd-20251015.htm
  HTML page:      https://secwatch.observer/filing/0001691421-25-000142

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