LifeStance Health (LFST) exec’s PSUs vest with shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LifeStance Health Group, Inc. executive Ryan McGroarty reported equity compensation activity involving performance-based restricted stock units (PSUs) that vested on March 9, 2026. He acquired 127,878 shares of common stock from PSUs granted on March 17, 2025, and 65,168 shares from PSUs granted on March 24, 2025.
To cover tax withholding obligations on these PSU settlements, the issuer withheld 50,929 shares and 25,644 shares at a price of $6.91 per share. The footnotes state these withholdings reduced the shares delivered on vesting and did not involve any open-market sales.
After these transactions, McGroarty directly held 844,084 shares of LifeStance common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
McGroarty Ryan
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 127,878 | $0.00 | -- |
| Tax Withholding | Common Stock | 50,929 | $6.91 | $352K |
| Grant/Award | Common Stock | 65,168 | $0.00 | -- |
| Tax Withholding | Common Stock | 25,644 | $6.91 | $177K |
Holdings After Transaction:
Common Stock — 855,489 shares (Direct)
Footnotes (1)
- Represents performance-based restricted stock units ("PSUs") previously granted to the Reporting Person on March 17, 2025, which vested on March 9, 2026. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of PSUs that vested on March 9, 2026. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested PSUs and do not constitute any open-market sale. Represents PSUs previously granted to the Reporting Person on March 24, 2025, which vested on March 9, 2026. Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of PSUs that vested on March 9, 2026. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested PSUs and do not constitute any open-market sale.
FAQ
What did LifeStance Health (LFST) report in this Form 4 for Ryan McGroarty?
The Form 4 shows Ryan McGroarty received common shares from vested performance-based restricted stock units and had some shares withheld for taxes. These are compensation-related equity movements, not open-market purchases or sales, and reflect routine settlement of previously granted PSUs.
What are performance-based restricted stock units (PSUs) in the context of LifeStance (LFST)?
In this context, PSUs are equity awards that convert into LifeStance common shares when performance conditions are met and the awards vest. The filing notes McGroarty’s PSUs granted in March 2025 vested on March 9, 2026, resulting in share delivery and related tax withholdings.