LifeStance (LFST) CTO has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LifeStance Health Group’s Chief Technology Officer, Vukasin Paunovich, reported a tax-related share withholding tied to vested restricted stock units. On June 11, 2026, 17,456 shares of common stock were withheld by the company at $8.61 per share to cover tax obligations, and this was not an open-market sale. After this net settlement, Paunovich directly holds 291,840 shares of LifeStance common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Paunovich Vukasin
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 17,456 | $8.61 | $150K |
Holdings After Transaction:
Common Stock — 291,840 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 17,456 shares
Withholding price: $8.61 per share
Shares held after transaction: 291,840 shares
+1 more
4 metrics
Tax-withholding shares
17,456 shares
Shares withheld for RSU tax obligations on June 11, 2026
Withholding price
$8.61 per share
Value used for withheld LifeStance common stock
Shares held after transaction
291,840 shares
CTO direct LifeStance common stock holdings after June 11, 2026
Tax-withholding transactions
1 transaction, 17,456 shares
Summary of F-code tax-withholding dispositions in this Form 4
Key Terms
restricted stock units ("RSUs"), tax withholding obligations, net settlement, open-market sale
4 terms
restricted stock units ("RSUs") financial
"in connection with the net settlement of restricted stock units ("RSUs") that vested on June 11, 2026"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement"
net settlement financial
"in connection with the net settlement of restricted stock units ("RSUs") that vested on June 11, 2026"
open-market sale financial
"do not constitute any open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did LifeStance (LFST) report for CTO Vukasin Paunovich?
LifeStance reported that CTO Vukasin Paunovich had 17,456 shares of common stock withheld on June 11, 2026 to satisfy tax obligations on vested RSUs. This was a net settlement mechanism and not an open-market sale of shares.
Was the LifeStance (LFST) CTO’s Form 4 transaction an open-market sale?
No, the Form 4 states the 17,456 LifeStance shares were withheld by the issuer to cover tax withholding for vested RSUs. The footnote clarifies this reduction did not constitute any open-market sale of LifeStance Health Group common stock.
What does an F-coded transaction mean in the LifeStance (LFST) Form 4?
In this Form 4, the F code indicates a tax-withholding disposition. LifeStance withheld 17,456 shares from the CTO to pay tax obligations on vested RSUs, reducing shares issued to him rather than reflecting any market sale activity.