Lemonade CBO Maya Prosor sells $56,815 in common stock

Lemonade, Inc. (NASDAQ:LMND) Chief Business Officer Maya Prosor sold 1,040 shares of the company's common stock on September 3, 2026, for a total of $56,815. The stock was sold at $54.63 per share, which is down about 29% year-to-date. This transaction was not a discretionary move by Prosor; it was necessary to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units.

As a result of this sale, Prosor now directly owns 186,533 shares of Lemonade common stock, in addition to 29,286 shares indirectly held through Cohen Holdings, LLC, where she retains control. Lemonade's shares currently trade at $50.55, reflecting broader market pressure. The company's overall financial performance in Q2 2026 included a $294.4 million revenue figure, surpassing analysts' expectations of $290.88 million.

However, Lemonade reported an adjusted earnings per share loss of $0.56, aligning with market predictions. Despite this loss, the company saw a 79% revenue growth year-over-year, driven by improved premium retention and business expansion. Lemonade's adjusted EBITDA loss narrowed to $19 million from $41 million a year ago, and its adjusted free cash flow remained positive at $19 million for the fifth consecutive quarter.

The company credited its record-low loss adjustment expense ratio to gains from automation and artificial intelligence.