[144] Life360, Inc. SEC Filing

Rhea-AI Filing Summary

Life360, Inc. (LIF) Form 144 notice reports a proposed sale of 20,000 common shares by a holder through Charles Schwab, with an aggregate market value of $1,734,400.00. The shares represent a small fraction of the company's 77,548,651 shares outstanding. The filer acquired the shares in a private placement on 10/24/2011 and paid via wired funds. The planned sale is approximately dated 08/22/2025 and the securities are listed on NASDAQ. The filer certifies no undisclosed material adverse information and no securities of the issuer were sold by the filer in the past three months.

Positive

• Form 144 filed publicly, indicating transparency and compliance with resale rules
• Sale size is minimal relative to 77,548,651 shares outstanding (~0.026%), so market impact is likely negligible

Negative

• None.

Insights

Securities Analyst

TL;DR: Small, routine insider sale; size negligible versus outstanding shares, unlikely to move market sentiment.

The filing discloses a proposed disposition of 20,000 common shares valued at $1.73 million by a holder who acquired the shares in a 2011 private placement. Relative to 77.55 million shares outstanding, the sale equals roughly 0.026% of the float, indicating limited direct supply pressure. The use of a broker and a Form 144 filing show compliance with resale rules; there is no disclosure of other recent sales by the filer.

Corporate Governance Expert

TL;DR: Procedural disclosure consistent with Rule 144; represents routine insider liquidity rather than governance change.

The notice includes the standard representation that the seller is unaware of undisclosed material adverse information and indicates the securities originated from a private placement in 2011. There are no indications of officer or director departures, remediation actions, or governance-related disclosures in this form. As such, the filing reads as a compliance-driven disclosure of a planned sale, not a governance signal.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab Corporation 3000 Schwab Way Westlake TX 76262	20000	1734400.00	77548651	08/22/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/24/2011	Private Placement	Issuer			20000	10/24/2011	Wired Funds

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Life360 (LIF) Form 144 report?

The filing reports a proposed sale of 20,000 common shares valued at $1,734,400.00 through Charles Schwab, dated approximately 08/22/2025.

How did the filer acquire the shares being sold in the LIF Form 144?

The shares were acquired in a private placement on 10/24/2011, with 20,000 shares purchased and payment made by wired funds.

How significant is the proposed sale versus Life360's outstanding shares?

The proposed 20,000-share sale equals about 0.026% of the 77,548,651 shares outstanding, a negligible portion of the company stock.

Did the filer report any other sales of Life360 securities in the past three months?

No. The Form 144 states "Nothing to Report" for securities sold during the past three months by the filer.

On which exchange will the Life360 shares be sold?

The filing indicates the securities are listed on NASDAQ and the broker listed is Charles Schwab.