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LifeStance director Burdick sells 75,000 shares

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Form Type
4

Rhea-AI Filing Summary

LifeStance Health Group, Inc. director Kenneth A. Burdick exercised options for 75,000 shares on November 10, 2026, at $7.61 per share, acquired the shares, and sold 75,000 common shares that day at a weighted average price of $14.60 (multiple sales ranged from $14.60 to $14.615). He also sold 66,589 shares on November 9 at a weighted average price of $14.41 (range $14.410 to $14.440). His reported option position following the exercise was 3,059,846 shares. The transactions were not reported as made under a Rule 10b5-1 plan.

Insider Burdick Kenneth A
Role Director
Sold 141,589 shs ($2.05M)
Approx. gross sale proceeds $2.05M
Approx. exercise cost $571K
Type Security Shares Price Value
Exercise Stock Option (right to buy) F3 75,000 $0.00 $0.00
Exercise Common Stock 75,000 $7.61 $571K
Sale Common Stock F2 75,000 $14.60 $1.09M
Sale Common Stock F1 66,589 $14.41 $960K
Holding Common Stock -- -- --
Holdings After Transaction: Stock Option (right to buy) — 3,059,846 options (Direct); Common Stock — 2,904,221 shares (Direct); Common Stock — 46,511 shares (Indirect, By Burdick Family LLC)
Footnotes (3)
  1. F1. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $14.410 to $14.440 inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  2. F2. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $14.60 to $14.615 inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  3. F3. Includes an option to purchase 3,134,846 shares of the Issuer's common stock, subject to time-based vesting (the "Time-Vesting Option"). The Time-Vesting Option vested as to 25% on each of the first four anniversaries of the vesting commencement date, September 7, 2022.
Shares sold 66,589 shares November 9, 2026
Weighted average sale price $14.41 per share November 9, 2026; sales ranged from $14.410 to $14.440
Options exercised 75,000 shares November 10, 2026
Option exercise price $7.61 per share Options exercised November 10, 2026
Shares sold 75,000 shares November 10, 2026
Weighted average sale price $14.60 per share November 10, 2026; sales ranged from $14.60 to $14.615
Option shares following exercise 3,059,846 shares Reported following the November 10, 2026 exercise
Indirect common-stock holding 46,511 shares Held through Burdick Family LLC; position entry dated November 9, 2026
weighted average price financial
"The price reported is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
time-based vesting technical
"subject to time-based vesting"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
Time-Vesting Option technical
"the “Time-Vesting Option”"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LFST shares did Kenneth A. Burdick sell and at what prices?

Kenneth A. Burdick reported selling 66,589 shares on November 9, 2026, at a weighted average price of $14.41 per share, and 75,000 shares on November 10 at a weighted average price of $14.60 per share. The reported sale ranges were $14.410 to $14.440 and $14.60 to $14.615, respectively.

What LFST options did Kenneth A. Burdick exercise?

He exercised options for 75,000 common shares on November 10, 2026, at $7.61 per share; he acquired those 75,000 shares and sold 75,000 common shares that day at a weighted average price of $14.60 per share.

How many LFST shares does Burdick Family LLC hold?

A position entry dated November 9, 2026, lists 46,511 common shares held indirectly through Burdick Family LLC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Burdick Kenneth A

(Last)(First)(Middle)
C/O LIFESTANCE HEALTH GROUP, INC.
4800 N. SCOTTSDALE ROAD, SUITE 2500

(Street)
SCOTTSDALE ARIZONA 85251

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LifeStance Health Group, Inc. [ LFST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11/09/2026S66,589(1)D$14.412,904,221D
Common Stock11/10/2026M75,000A$7.612,979,221D
Common Stock11/10/2026S75,000(2)D$14.62,904,221D
Common Stock46,511IBy Burdick Family LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$7.6111/10/2026M75,000 (3)09/07/2032Common Stock75,000$0.003,059,846D
Explanation of Responses:
1. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $14.410 to $14.440 inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
2. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $14.60 to $14.615 inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
3. Includes an option to purchase 3,134,846 shares of the Issuer's common stock, subject to time-based vesting (the "Time-Vesting Option"). The Time-Vesting Option vested as to 25% on each of the first four anniversaries of the vesting commencement date, September 7, 2022.
By: /s/ Ryan Pardo, Attorney-in-Fact11/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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