LifeStance entities sell 575,034 shares
LifeStance Health Group director Robert Bessler reported indirect open-market sales of company stock by entities associated with him.
Rhea-AI Filing Summary
LifeStance Health Group director Robert Bessler reported indirect open-market sales of company stock by entities associated with him. On May 12, 2026, Shama LLC and Vitthal LLC each sold 287,517 shares of LifeStance common stock at $8.02 per share, for a total of 575,034 shares.
After these transactions, Shama LLC held 1,103,729 shares and Vitthal LLC held 986,931 shares. Separate holding entries show 57,619 shares held directly by Bessler and 36,363 shares held indirectly. Footnotes state that Bessler disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 575,034 shares
Net Sell
4 txns
Insider
Bessler Robert
Role
Director
Sold
575,034 shs ($4.61M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 287,517 | $8.02 | $2.31M |
| Sale | Common Stock | 287,517 | $8.02 | $2.31M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 986,931 shares (Indirect, Vitthal LLC);
Common Stock — 1,103,729 shares (Indirect, Shama LLC);
Common Stock — 57,619 shares (Direct);
Common Stock — 36,363 shares (Indirect, See Footnote)
Footnotes (3)
- F1. 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.
- 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 or for any other purpose.
- F3. 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
Shares sold by Shama LLC: 287,517 shares
Shares sold by Vitthal LLC: 287,517 shares
Total shares sold: 575,034 shares
+5 more
8 metrics
Shares sold by Shama LLC
287,517 shares
Open-market sale at $8.02 on May 12, 2026
Shares sold by Vitthal LLC
287,517 shares
Open-market sale at $8.02 on May 12, 2026
Total shares sold
575,034 shares
Combined sales by Shama LLC and Vitthal LLC
Sale price per share
$8.02 per share
Price for each open-market sale transaction
Shama LLC post-sale holdings
1,103,729 shares
Total common shares after May 12, 2026 sale
Vitthal LLC post-sale holdings
986,931 shares
Total common shares after May 12, 2026 sale
Direct holdings by Bessler
57,619 shares
Common stock held directly after reported transactions
Additional indirect holdings
36,363 shares
Common stock reported as indirectly held after transactions
Key Terms
open-market sale, indirect ownership, beneficial ownership, pecuniary interest
4 terms
open-market sale financial
"Sale in open market or private transaction"
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.
indirect ownership financial
"ownership_type": "indirect""
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities"
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LFST director Robert Bessler report?
Director Robert Bessler reported indirect open-market sales of LifeStance common stock. Two LLCs associated with him sold a combined 575,034 shares at $8.02 per share on May 12, 2026, according to the Form 4 filing.
What are Robert Bessler’s holdings in LifeStance after these transactions?
Post-transaction entries show 1,103,729 shares held by Shama LLC, 986,931 shares held by Vitthal LLC, 57,619 shares held directly by Bessler, and 36,363 additional shares reported as indirectly held, according to the Form 4 data.
Were the LFST insider sales open-market transactions?
Yes. The Form 4 classifies both transactions with code “S” and describes them as open-market or private sales. Each sale involved 287,517 LifeStance common shares at a price of $8.02 per share on May 12, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
