Ameriprise Financial Reports 9.2% Stake in Lyft, Inc. via Subsidiary Columbia Management

Ameriprise Financial, Inc. (AFI) filed a Schedule 13G/A on May 15, 2026, reporting a significant increase in its position in Lyft, Inc. (LYFT). As of the event date on March 31, 2026, AFI beneficially owns 36,498,425 shares of Class A Common Stock, representing 9.2% of the class. This position is primarily held through its subsidiary, Columbia Management Investment Advisers, LLC (CMIA), which serves as the investment adviser to various funds, including the Columbia Seligman Technology and Information Fund. The Fund itself holds 21,107,659 shares, or approximately 5.3% of the company. AFI and CMIA disclaim beneficial ownership of these shares, asserting they were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Lyft. The filing marks an increase from a previous reported position of zero shares, highlighting a substantial new accumulation by the reporting entities.