LFST insider updates holdings to 376,430 after RSU/PSU actions
Rhea-AI Filing Summary
LifeStance Health Group (LFST) reported a Form 4/A by its Chief People Officer correcting a prior filing. The amendment updates the number of shares withheld for taxes on PSUs vested on March 7, 2025 from 3,725 to 7,450, and updates holdings to 376,430 shares following the reported transactions.
Activity included: a grant of 76,142 RSUs on March 6, 2025; tax withholdings of 6,455 shares at $7.88 on March 6, 2025; PSU vestings of 27,740 and 32,052 on March 7, 2025; and additional tax withholdings of 7,450 shares at $7.59 and 8,606 shares at $7.59. The filing notes these withholdings reduce shares delivered and are not open‑market sales.
Positive
- None.
Negative
- None.
Insights
Routine Form 4/A correcting tax-withheld shares; neutral impact.
The amendment adjusts a clerical count for PSU tax withholdings from 3,725 to 7,450 shares tied to vesting on March 7, 2025. Such updates align reported deliveries with net-settlement mechanics and do not reflect market sales.
Reported equity movements include a 76,142 RSU grant on March 6, 2025 and PSU vestings of 27,740 and 32,052, with tax withholdings at $7.88 and $7.59. Post-transaction beneficial ownership is 376,430 shares. Actual trading activity is not indicated; the noted withholdings are administrative.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,740 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,450 | $7.59 | $57K |
| Grant/Award | Common Stock | 32,052 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,606 | $7.59 | $65K |
| Grant/Award | Common Stock | 76,142 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,455 | $7.88 | $51K |
Footnotes (1)
- Includes 76,142 restricted stock units ("RSUs") granted on March 6, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of RSUs that vested on March 6, 2025. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested RSUs and do not constitute any open-market sale. Represents performance-based restricted stock units ("PSUs") previously granted to the Reporting Person on March 8, 2024, which vested on March 7, 2025. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of PSUs that vested on March 7, 2025. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested PSUs and do not constitute any open-market sale. Represents PSUs previously granted to the Reporting Person on February 28, 2024, which vested on March 7, 2025. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of PSUs that vested on March 7, 2025. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested PSUs and do not constitute any open-market sale.