{"schema_version":"secwatch.filing_event.v1","accession":"0001759509-23-000016","form_type":"8-K/A","ticker":"LYFT","cik":"0001759509","company_name":"Lyft, Inc.","filed_at":"2023-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.437427+00:00","generated_at":"2026-06-19T20:40:03.889914+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Lyft records $120.3M in Q4 restructuring charges; expects up to $12M more in Q1 2023","bullets":["Q4 2022 charges: $29.5M severance, $9.5M stock comp, $55.3M real estate impairment, $23.9M accelerated depreciation, $2.1M asset write-off.","Original estimate was $27M-$32M for severance only; actual total far higher due to facility exit and asset impairment.","Q1 2023 expects ~$9M lease termination penalties and up to $3M additional impairment from ceasing facility use.","Company also pursuing sale of first-party vehicle service business assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001759509-23-000016","json":"https://secwatch.observer/filing/0001759509-23-000016.json","markdown":"https://secwatch.observer/filing/0001759509-23-000016.md","text":"https://secwatch.observer/filing/0001759509-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1759509/000175950923000016/0001759509-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1759509/000175950923000016/lyft-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T20:40:03.889914+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"00943bc2c2db21142a498df3be30b953c024646d","claim":"Lyft, Inc. announced a restructuring with charges of approximately $27 million to $32 million of restructuring and related charges primarily related to employee severance and benefits costs affecting Company-wide.","evidence_excerpt":"as previously announced, on November 3, 2022, the Company committed to a plan of termination as part of the Company’s efforts to reduce operating expenses and adjust cash flows. At the time of the Original Report, the Company estimated that it would incur approximately $27 million to $32 million of restructuring and related charges primarily related to employee severance and benefits costs.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1759509/000175950923000016/0001759509-23-000016-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $27 million to $32 million of restructuring and related charges primarily related to employee severance and benefits costs"},{"label":"Affected area","value":"Company-wide"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}