LifeStance (NASDAQ: LFST) director sale tied to RSU tax withholding
Rhea-AI Filing Summary
LifeStance Health Group, Inc. (LFST) director Teresa DeLuca reported selling 7,500 shares of common stock on 2026-08-14 at a weighted average price of $12.68 per share, in multiple trades between $12.68 and $12.695. According to the disclosure, this was a required “sell to cover” transaction to satisfy tax withholding obligations arising from the vesting of restricted stock units and does not represent a discretionary trade. Following this sale, DeLuca directly holds 97,093 shares of LifeStance common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,500 shares
Net Sell
1 txn
Insider
DeLuca Teresa
Role
Director
Sold
7,500 shs ($95K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 7,500 | $12.68 | $95K |
Holdings After Transaction:
Common Stock — 97,093 shares (Direct)
Footnotes (2)
- F1. Required number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $12.68 to $12.695 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.
Key Figures
Shares sold: 7,500 shares
Weighted average sale price: $12.68 per share
Price range of sales: $12.68 to $12.695 per share
+1 more
4 metrics
Shares sold
7,500 shares
Common stock sold on 2026-08-14 in a sell-to-cover transaction
Weighted average sale price
$12.68 per share
Weighted average price for 7,500 LFST shares sold, with trades from $12.68 to $12.695
Price range of sales
$12.68 to $12.695 per share
Range of individual sale prices included in the weighted average
Shares owned after transaction
97,093 shares
Direct ownership of LFST common stock by Teresa DeLuca after the sale
Key Terms
sell to cover, weighted average price, restricted stock units
3 terms
sell to cover financial
"sale was made to satisfy tax withholding obligations through a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
weighted average price financial
"The price reported is a weighted average price. These shares were sold"
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.
restricted stock units financial
"tax withholding obligations in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What insider transaction did LFST director Teresa DeLuca report?
Teresa DeLuca reported a sale of 7,500 LFST shares on 2026-08-14. The shares were sold to cover tax withholding obligations related to vesting restricted stock units, and the transaction was not discretionary.
Was the LFST insider sale by Teresa DeLuca under a Rule 10b5-1 trading plan?
The filing does not indicate that the sale was under a Rule 10b5-1 trading plan. Instead, it specifies the transaction was a mandatory sell-to-cover for tax withholding tied to restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.