Two executives at Lemonade, Inc. offloaded shares in the company on December 3, 2024, according to SEC filings. John Sheldon Peters, the Chief Insurance Officer, sold 1,790 shares valued at $81,445. After this transaction, Mr. Peters retained 88,493 shares.
Maya Prosor, the Chief Business Officer, sold 304 shares totaling $13,832. This sale was conducted to cover tax withholding obligations and was not a discretionary decision. Ms. Prosor directly owns 8,684 company shares and 29,286 shares indirectly via Cohen Holdings, LLC after the trade.
While one sale was for tax purposes, the combined executive share offloading could be viewed by some investors as a signal, potentially influencing market perception of the company's near-term prospects.
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