LifeStance director-linked entities sell 75K shares
LifeStance Health Group director Robert Bessler reported open-market sales of LifeStance Health Group, Inc. common stock through entities associated with him.
Rhea-AI Filing Summary
LifeStance Health Group director Robert Bessler reported open-market sales of LifeStance Health Group, Inc. common stock through entities associated with him. Shama LLC and Vitthal LLC each sold 37,500 shares at a weighted average price of $8.55 per share, in transactions ranging from $8.40 to $8.89. After these sales, Shama LLC held 1,353,746 shares and Vitthal LLC held 1,236,948 shares. Bessler also reported 57,619 shares held directly and 36,363 shares held by Alpine Glow Capital. Footnotes state that he disclaims beneficial ownership of these indirect holdings except to the extent of his pecuniary interest.
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Insider Trade Summary 10b5-1
Net Seller: 75,000 shares
Net Sell
4 txns
Insider
Bessler Robert
Role
Director
Sold
75,000 shs ($641K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 37,500 | $8.55 | $321K |
| Sale | Common Stock | 37,500 | $8.55 | $321K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,236,948 shares (Indirect, Vitthal LLC);
Common Stock — 1,353,746 shares (Indirect, Shama LLC);
Common Stock — 57,619 shares (Direct);
Common Stock — 36,363 shares (Indirect, See Footnote)
Footnotes (4)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $8.40 to $8.89 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.
- F2. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act of 1934 (the "Exchange Act") or for any other purpose.
- F3. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
- F4. Shares held of record by Alpine Glow Capital. The Reporting Person is the manager and sole member of Alpine Glow Capital. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
Key Figures
Total shares sold: 75,000 shares
Weighted average sale price: $8.55 per share
Price range of trades: $8.40–$8.89 per share
+4 more
7 metrics
Total shares sold
75,000 shares
Two open-market sales of 37,500 shares each on May 7, 2026
Weighted average sale price
$8.55 per share
Common stock sales in multiple trades from $8.40 to $8.89
Price range of trades
$8.40–$8.89 per share
Range for the multiple transactions comprising the reported sales
Shama LLC post-sale holdings
1,353,746 shares
Common stock held indirectly after selling 37,500 shares
Vitthal LLC post-sale holdings
1,236,948 shares
Common stock held indirectly after selling 37,500 shares
Direct holdings
57,619 shares
Common stock reported as held directly by Robert Bessler
Alpine Glow Capital holdings
36,363 shares
Common stock held of record by Alpine Glow Capital
Key Terms
weighted average price, beneficial ownership, pecuniary interest, Section 16 of the Exchange Act, +1 more
5 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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
Section 16 of the Exchange Act regulatory
"for purposes of Section 16 of the Exchange Act or for any other purpose"
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership entries such as Shama LLC and Vitthal LLC"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did LifeStance Health (LFST) report for Robert Bessler?
LifeStance Health reported that entities associated with director Robert Bessler sold 75,000 shares of common stock. The sales were made by Shama LLC and Vitthal LLC, which continue to hold over 1.3 million and 1.2 million shares, respectively, after the transactions.
Were the LFST insider sales made in the open market?
Yes, the transactions are coded as open-market or private sales of common stock. The Form 4 notes that the 37,500-share blocks were sold at a weighted average price, across individual trades executed within a stated price range between $8.40 and $8.89.
What indirect ownership structures are involved in this LFST Form 4 filing?
The filing identifies Shama LLC, Vitthal LLC, and Alpine Glow Capital as entities holding LifeStance Health shares associated with Robert Bessler. Footnotes explain that shares are held of record by these entities, with Bessler disclaiming beneficial ownership except for his pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
