[144] Life360, Inc. SEC Filing
Rhea-AI Filing Summary
Life360, Inc. (LIF) Form 144 reports a proposed sale under Rule 144 of 7,930 shares of common stock to be sold through Fidelity Brokerage Services LLC on 08/13/2025 with an aggregate market value of $667,150.90. The filing shows 77,548,651 shares outstanding.
The securities-to-be-sold table lists the acquisition as Option Granted 04/12/2022 with a date shown as 08/13/2025 and payment as cash. The filing also discloses two recent sales by Charles Prober: 7,942 shares on 06/13/2025 for $489,465.46 and 7,930 shares on 07/14/2025 for $510,771.30. The filer includes the required representation about lacking undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice for 7,930 shares; recent small-volume insider sales also reported.
The Form 144 notifies the market of a proposed Rule 144 sale of 7,930 Life360 common shares through Fidelity on 08/13/2025, with an aggregate market value of $667,150.90 as stated. The filing lists total shares outstanding of 77,548,651, which provides context for the size of the sale relative to the float. The document also records two prior sales by the same seller in the past three months, with proceeds of $489,465.46 and $510,771.30. Based solely on the facts presented, this appears to be a routine disclosure of insider sales rather than a material corporate event.
TL;DR: Filing meets Rule 144 disclosure requirements and includes the standard representation on material nonpublic information.
The notice identifies the broker (Fidelity Brokerage Services LLC) and specifies acquisition details showing an option grant date of 04/12/2022 and cash payment on 08/13/2025. It also supplies required history of recent sales by Charles Prober. The form contains the signature representation that the seller does not possess undisclosed material adverse information. From a governance and compliance perspective, the filing contains the elements typically required for a Rule 144 notice.