Lemonade, Inc. Reports Director/Officer Changes
Ticker: LMND · Form: 8-K · Filed: Oct 6, 2025 · CIK: 1691421
| Field | Detail |
|---|---|
| Company | Lemonade, INC. (LMND) |
| Form Type | 8-K |
| Filed Date | Oct 6, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001, $30,000, $175,000, $150,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, governance, officer-appointment
Related Tickers: LMND
TL;DR
Lemonade's board is shuffling: director out, new director in, new officer appointed. Watch for strategy shifts.
AI Summary
On October 6, 2025, Lemonade, Inc. filed an 8-K report detailing the departure of a director, the election of a new director, and the appointment of a new officer. The filing also covers compensatory arrangements for certain officers. Specific names of individuals involved in these changes were not detailed in the provided text.
Why It Matters
Changes in board composition and executive appointments can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in key leadership roles can introduce uncertainty regarding future strategy and execution.
Key Players & Entities
- Lemonade, Inc. (company) — Registrant
- 5 Crosby Street, 3rd Floor New York, NY 10013 (location) — Principal executive offices address
FAQ
Who is the departing director and who is the newly elected director?
The provided filing text does not specify the names of the departing or newly elected directors.
What is the name and title of the newly appointed officer?
The filing text indicates the appointment of a certain officer but does not provide their name or specific title.
What are the details of the compensatory arrangements for the officers mentioned?
The filing states that compensatory arrangements of certain officers are covered, but the specific details are not included in the provided text.
What is the effective date of these director and officer changes?
The earliest event reported, including director and officer changes, is dated October 6, 2025.
What is Lemonade, Inc.'s state of incorporation and fiscal year end?
Lemonade, Inc. is incorporated in Delaware and its fiscal year ends on December 31.
Filing Stats: 649 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2025-10-06 17:07:56
Key Financial Figures
- $0.00001 — ange on which registered Common Stock, $0.00001 par value per share LMND New York Stock
- $30,000 — des for: (i) an annual cash retainer of $30,000 for serving on the Board, earned on a q
- $175,000 — "Initial Award") in an amount equal to $175,000 that vests in equal annual installments
- $150,000 — restricted stock units in an amount of $150,000 that vests on the first anniversary of
Filing Documents
- lmnd-20251006.htm (8-K) — 30KB
- 0001691421-25-000138.txt ( ) — 180KB
- lmnd-20251006.xsd (EX-101.SCH) — 2KB
- lmnd-20251006_def.xml (EX-101.DEF) — 15KB
- lmnd-20251006_lab.xml (EX-101.LAB) — 26KB
- lmnd-20251006_pre.xml (EX-101.PRE) — 16KB
- lmnd-20251006_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 6, 2025, the Board, upon the recommendation of its Nominating and Corporate Governance Committee, appointed Mr. Geoff Seeley to the Board effective October 6, 2025. Mr. Seeley will serve as a Class I director for a term expiring at the Company's annual meeting of stockholders to be held in 2027, until his successor is duly elected and qualified or his earlier death, disqualification, resignation or removal. Mr. Seeley is eligible to participate in the Company's Non-Employee Director Compensation Policy, which provides for: (i) an annual cash retainer of $30,000 for serving on the Board, earned on a quarterly basis; (ii) an initial equity-based award of restricted stock units (the "Initial Award") in an amount equal to $175,000 that vests in equal annual installments over three years following the grant date, subject to his continued service on the Board through each such vesting date; and (iii) following each annual meeting of the Company's stockholders, an annual equity-based award of restricted stock units in an amount of $150,000 that vests on the first anniversary of the date of grant, subject to his continued service on the Board through such vesting date. Mr. Seeley has entered into the Company's standard indemnification agreement for directors and officers. There is no arrangement or understanding pursuant to which Mr. Seeley was appointed to the Board. There are no family relationships between Mr. Seeley and any director or executive officer of the Company as defined in Item 401(d) of Regulation S-K, and Mr. Seeley has no direct or indirect material interest in any transaction or proposed transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LEMONADE, INC. Date: October 6, 2025 By: /s/ Tim Bixby Tim Bixby Chief Financial Officer