LifeStance (LFST) director gets major stock awards and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LifeStance Health Group director Kenneth A. Burdick reported compensation-related stock movements on March 9, 2026. He acquired common stock through vested restricted stock units and performance-based restricted stock units, with two grant or award acquisitions totaling 740,504 shares at a stated price of $0.00 per share.
To cover tax withholding obligations on these RSUs and PSUs, the issuer withheld 327,209 shares at $6.91 per share in three separate dispositions, which the footnotes clarify were not open-market sales. Following these transactions, Burdick directly held 3,425,315 shares, with an additional 46,511 shares held indirectly through Burdick Family LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Burdick Kenneth A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 35,816 | $6.91 | $247K |
| Grant/Award | Common Stock | 33,544 | $0.00 | -- |
| Tax Withholding | Common Stock | 13,201 | $6.91 | $91K |
| Grant/Award | Common Stock | 706,960 | $0.00 | -- |
| Tax Withholding | Common Stock | 278,192 | $6.91 | $1.92M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,976,204 shares (Direct);
Common Stock — 46,511 shares (Indirect, By Burdick Family LLC)
Footnotes (1)
- 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 9, 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. Represents performance-based restricted stock units ("PSUs") previously granted to the Reporting Person on March 6, 2025, which vested on March 9, 2026. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of PSUs that vested on March 9, 2026. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested PSUs and do not constitute any open-market sale. Represents PSUs previously granted to the Reporting Person on February 27, 2025, which vested on March 9, 2026. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of PSUs that vested on March 9, 2026. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested PSUs and do not constitute any open-market sale.
FAQ
What insider transactions did LFST director Kenneth Burdick report on March 9, 2026?
Kenneth A. Burdick reported RSU and PSU-related stock movements on March 9, 2026, including share awards and tax-withholding dispositions. These entries reflect equity compensation vesting rather than open-market buying or selling activity in LifeStance Health Group common stock.
What stock awards did Kenneth Burdick receive from LifeStance (LFST)?
Burdick reported two grant or award acquisitions of common stock tied to RSU and PSU vesting, totaling 740,504 shares at a stated price of $0.00 per share. These reflect equity compensation that increased his direct ownership position in LifeStance Health Group.
What type of equity awards vested for LifeStance (LFST) director Kenneth Burdick?
The filing describes vested restricted stock units (RSUs) and performance-based restricted stock units (PSUs). Footnotes note PSUs granted on March 6, 2025 and February 27, 2025 that vested on March 9, 2026, triggering share issuance and related tax-withholding.