LifeStance (NASDAQ: LFST) officer RSU vesting leads to tax withholding
Rhea-AI Filing Summary
LifeStance Health Group, Inc. reported that company officer Ryan McGroarty had restricted stock units vest on March 17, 2026, and 47,594 shares of common stock were withheld at $6.89 per share to cover tax obligations. The filing states this was not an open-market sale. After the withholding, McGroarty directly holds 796,490 shares of LifeStance common stock.
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Insider Trade Summary
Net Seller: 47,594 shares
Net Sell
1 txn
Insider
McGroarty Ryan
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 47,594 | $6.89 | $328K |
Holdings After Transaction:
Common Stock — 796,490 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of restricted stock units ("RSUs") that vested on March 17, 2026. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did the LifeStance (LFST) Form 4 filed for Ryan McGroarty report?
The Form 4 reports that officer Ryan McGroarty had RSUs vest on March 17, 2026, and 47,594 shares of LifeStance common stock were withheld at $6.89 per share to satisfy tax withholding obligations related to that vesting.
What does transaction code "F" mean in the LifeStance (LFST) Form 4?
In this Form 4, code “F” indicates a tax-withholding disposition, where the issuer withholds shares to satisfy tax liabilities or exercise costs. Here, LifeStance withheld 47,594 shares upon RSU vesting, and the filing clarifies this is not an open-market sale.
What event triggered the tax-withholding transaction for LifeStance (LFST)?
The transaction was triggered by the vesting of restricted stock units on March 17, 2026. When these RSUs vested, LifeStance withheld 47,594 shares of common stock at $6.89 per share to cover Ryan McGroarty’s tax withholding obligations arising from the settlement.