[144] Life360, Inc. SEC Filing
Rhea-AI Filing Summary
Life360, Inc. (LIF) insider filing to sell common stock. The filing notifies a proposed sale of 9,375 shares of common stock through The Charles Schwab Corporation with an aggregate market value of $989,063.00, approximately to occur on 10/01/2025 on NASDAQ. The shares were acquired in a private purchase from the issuer on 09/26/2011. The filer reports three sales in the past three months totaling 16,250 shares for gross proceeds of $1,355,344.00 (sales on 08/01/2025, 08/15/2025, and 09/02/2025). The notice includes the usual representation that the selling person is not aware of undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR Insider has filed to sell a modest block of shares; recent disclosed sales total $1.36M in proceeds.
The Form 144 documents a proposed sale of 9,375 shares with an indicated market value of $989,063.00 and discloses three prior sales in the last three months totaling 16,250 shares for $1,355,344.00. Compared with the issuer's reported outstanding shares of 77,548,651, the sizes are immaterial to capital structure. This filing is a regulatory disclosure of intended sales rather than an operational or financial update from the company. Investors should view this as an insider liquidity event disclosed under Rule 144.
TL;DR Routine Form 144 compliance; seller affirms no undisclosed material information.
The notice shows the seller acquired the shares in a private purchase from the issuer in 2011 and is following Rule 144 disclosure for anticipated sales via a broker. The document includes the required representation that the seller is not aware of any material nonpublic information. This is a standard governance disclosure and does not by itself indicate corporate governance changes or regulatory issues.