LifeStance Health (LFST) director Kenneth Burdick sells 500,000 shares
Rhea-AI Filing Summary
LifeStance Health Group, Inc. director Kenneth A. Burdick reported a sale of 500,000 shares of common stock on 2026-08-11 at a weighted average price of $11.51 per share, with individual trades between $11.50 and $11.665. Following this sale, he directly holds 2,970,810 shares and indirectly holds 46,511 shares through Burdick Family LLC.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 500,000 shares
Net Sell
2 txns
Insider
Burdick Kenneth A
Role
Director
Sold
500,000 shs ($5.75M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 500,000 | $11.51 | $5.75M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,970,810 shares (Direct);
Common Stock — 46,511 shares (Indirect, By Burdick Family LLC)
Footnotes (1)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $11.50 to $11.665 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.
Key Figures
Shares sold: 500,000 shares
Weighted average sale price: $11.51 per share
Sale price range: $11.50 to $11.665 per share
+3 more
6 metrics
Shares sold
500,000 shares
Common stock sale reported on 2026-08-11
Weighted average sale price
$11.51 per share
Price for 500,000 shares sold on 2026-08-11
Sale price range
$11.50 to $11.665 per share
Range of prices across multiple sale transactions
Direct holdings after sale
2,970,810 shares
Common stock directly owned following the transaction
Indirect holdings
46,511 shares
Common stock held indirectly by Burdick Family LLC
Net shares sold
500,000 shares
Net change in reported buy/sell activity in this Form 4
Key Terms
weighted average price, indirect, open market or private transaction
3 terms
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.
indirect financial
"Common Stock holdings reported as indirect, By Burdick Family LLC"
open market or private transaction financial
"Transaction code S indicates a Sale in open market or private transaction"
FAQ
What insider transaction did LFST director Kenneth Burdick report?
Kenneth A. Burdick reported selling 500,000 shares of LifeStance Health Group common stock on 2026-08-11 at a weighted average price of $11.51 per share, with trades occurring between $11.50 and $11.665.
Is any of Kenneth Burdick’s LFST ownership held indirectly?
Yes. The Form 4 lists an indirect position of 46,511 LFST shares held “By Burdick Family LLC”. This is separate from his 2,970,810 shares of direct ownership reported following the sale transaction.
Was the LFST insider sale price a single trade price or an average?
The reported price of $11.51 per share is a weighted average price. The footnote states that the 500,000 shares were sold in multiple transactions at prices between $11.50 and $11.665, with full breakdowns available on request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
