LifeStance Health (LFST) director receives 45,495-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LifeStance Health Group, Inc. director Kenneth A. Burdick reported an equity award under which he acquired 45,495 shares of common stock at $0.0000 per share, characterized as a grant or award acquisition. Following this award, he reports 3,470,810 shares held directly and 46,511 shares held indirectly through Burdick Family LLC. His reported holdings include 45,495 restricted stock units, each representing a contingent right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Burdick Kenneth A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,495 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,470,810 shares (Direct);
Common Stock — 46,511 shares (Indirect, By Burdick Family LLC)
Footnotes (1)
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Key Figures
Awarded shares: 45,495 shares
Award price: $0.0000 per share
Direct holdings after award: 3,470,810 shares
+2 more
5 metrics
Awarded shares
45,495 shares
Grant, award, or other acquisition of common stock on 2026-07-06
Award price
$0.0000 per share
Price per share for the 45,495-share equity grant
Direct holdings after award
3,470,810 shares
Common shares held directly by Kenneth A. Burdick after the reported transactions
Indirect holdings
46,511 shares
Common shares held indirectly through Burdick Family LLC after the reported transactions
Restricted stock units
45,495 RSUs
Restricted stock units included in reported holdings; each RSU is a right to one share
Key Terms
restricted stock units, contingent right, indirect
3 terms
restricted stock units financial
"Includes 45,495 restricted stock units (RSUs)."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one share."
indirect financial
"46,511 shares held indirectly through Burdick Family LLC."
FAQ
What insider transaction did LifeStance Health Group (LFST) director Kenneth Burdick report?
Kenneth A. Burdick reported receiving an equity grant of 45,495 shares of LifeStance common stock at $0.0000 per share. After this grant, he reports holding 3,470,810 shares directly and 46,511 shares indirectly through Burdick Family LLC.
What do the 45,495 restricted stock units (RSUs) in LifeStance (LFST) mean?
The filing notes that Burdick’s reported holdings include 45,495 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of LifeStance common stock, rather than an already-issued share.
Was Kenneth Burdick’s LifeStance (LFST) Form 4 a market purchase or sale?
The Form 4 reports an equity grant coded as a grant, award, or other acquisition of 45,495 shares at $0.0000 per share. This indicates a compensation-related award, not an open-market purchase or sale transaction.