LifeStance director entities sell 5,101 LFST shares
LifeStance Health Group, Inc. director Robert Bessler reported open-market sales of company common stock on April 21, 2026 through entities he is associated with.
Rhea-AI Filing Summary
LifeStance Health Group, Inc. director Robert Bessler reported open-market sales of company common stock on April 21, 2026 through entities he is associated with. Shama LLC sold 2,550 shares and Vitthal LLC sold 2,551 shares at a weighted average price of $7.01 per share, within a range of $7.00 to $7.02.
After these sales, Shama LLC held 1,426,196 shares and Vitthal LLC held 1,309,397 shares of LifeStance common stock. Separate entries show 36,363 shares held indirectly, described as held by Alpine Glow Capital, and 57,619 shares held directly by Bessler. The reporting person disclaims beneficial ownership of the LLC- and Alpine Glow-held shares except to the extent of his pecuniary interest.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 5,101 shares
Net Sell
4 txns
Insider
Bessler Robert
Role
Director
Sold
5,101 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,551 | $7.01 | $18K |
| Sale | Common Stock | 2,550 | $7.01 | $18K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,309,397 shares (Indirect, Vitthal LLC);
Common Stock — 1,426,196 shares (Indirect, Shama LLC);
Common Stock — 57,619 shares (Direct);
Common Stock — 36,363 shares (Indirect, See Footnote)
Footnotes (4)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $7.00 to $7.02 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.
- 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 of 1934 (the "Exchange Act") or for any other purpose.
- F3. 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.
- F4. 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: 2,550 shares
Shares sold by Vitthal LLC: 2,551 shares
Net shares sold: 5,101 shares
+5 more
8 metrics
Shares sold by Shama LLC
2,550 shares
Open-market sale on April 21, 2026 at $7.01 per share
Shares sold by Vitthal LLC
2,551 shares
Open-market sale on April 21, 2026 at $7.01 per share
Net shares sold
5,101 shares
Aggregate sales from reported transactions in this Form 4
Price range
$7.00–$7.02 per share
Range of prices for the reported sales on April 21, 2026
Shama LLC holdings after sale
1,426,196 shares
Indirect LifeStance common stock position following transactions
Vitthal LLC holdings after sale
1,309,397 shares
Indirect LifeStance common stock position following transactions
Alpine Glow Capital holdings
36,363 shares
Indirect holdings reported with Bessler as manager and sole member
Direct holdings
57,619 shares
Shares held directly by Robert Bessler after reported transactions
Key Terms
weighted average price, beneficial ownership, pecuniary interest, Section 16, +1 more
5 terms
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple transactions..."
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest..."
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 therein..."
Section 16 regulatory
"for purposes of Section 16 of the Exchange Act of 1934..."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
indirect ownership financial
"Shares held of record by Alpine Glow Capital. The Reporting Person disclaims beneficial ownership..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LifeStance Health Group (LFST) report for Robert Bessler?
LifeStance director Robert Bessler reported open-market sales of 5,101 shares of common stock on April 21, 2026. The trades were executed through Shama LLC and Vitthal LLC at a weighted average price of $7.01 per share within a $7.00–$7.02 range.
What is Alpine Glow Capital’s role in the LFST insider holdings disclosure?
Alpine Glow Capital is reported as holding 36,363 LFST shares of record. Robert Bessler is described as the manager and sole member of Alpine Glow Capital, while disclaiming beneficial ownership of those securities beyond his pecuniary interest as required under Section 16 reporting rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
