LifeStance (NASDAQ: LFST) CEO awarded 395,683 RSUs as 65,837 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LifeStance Health Group, Inc. reported insider equity activity by its Chief Executive Officer, David Bourdon. On March 5, 2026, he acquired 395,683 shares of common stock through a grant of restricted stock units, with each RSU representing the right to receive one common share.
On March 6, 2026, 65,837 shares of common stock were withheld by the company at a price of $6.93 per share to cover tax obligations from vested RSUs. The footnote explains this was a tax-withholding disposition and did not involve any open-market sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bourdon David
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 65,837 | $6.93 | $456K |
| Grant/Award | Common Stock | 395,683 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,218,085 shares (Direct)
Footnotes (1)
- Includes 395,683 restricted stock units ("RSUs") granted on March 5, 2026. Each RSU represents a contingent right to receive one share of the Issuer's common stock. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of RSUs that vested on March 6, 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.
FAQ
What insider transactions did LFST CEO David Bourdon report in this Form 4?
David Bourdon reported an equity award and a tax-related share withholding. He received 395,683 restricted stock units on March 5, 2026, and 65,837 shares were withheld on March 6, 2026 to satisfy tax obligations on vested RSUs, not through an open-market sale.
How do the RSUs granted to the LFST CEO work according to the filing?
The filing states the CEO’s 395,683 RSUs each represent a contingent right to receive one share of common stock. These units typically convert into shares as vesting conditions are met, increasing his share ownership over time as the awards settle.