BlackRock, Inc. Reports 11.7% Ownership Stake in Lyft, Inc.

On April 7, 2026, BlackRock, Inc. filed a Schedule 13G with the SEC, reporting a significant new ownership stake in Lyft, Inc. (LYFT). As of the event date on March 31, 2026, BlackRock beneficially owns 46,704,369 shares of Lyft's Class A Common Stock, representing 11.7% of the company. The filing indicates that BlackRock holds sole dispositive power over all 46,704,369 shares and sole voting power over 45,852,654 shares. The filing highlights that the iShares Core S&P Small-Cap ETF specifically holds an interest exceeding 5% of the total outstanding common stock. This acquisition was made in the ordinary course of business and is not intended to influence or change the control of the issuer. BlackRock, Inc. is filing as a parent holding company on behalf of various subsidiaries. This position represents a substantial increase from a previously reported 0.0% ownership, marking a major investment by the asset management firm into the ride-sharing company.