STOCK TITAN

Insider for LIF (LIF) files to sell 15,582 common shares worth $1.01M

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Brittany B. Morin filed a notice of proposed sale of restricted securities, indicating an intention to sell up to 15,582 shares of common stock through Fidelity Brokerage Services LLC on or after August 10, 2026, with an aggregate market value of $1,012,830.00 and listing on NASDAQ. The shares derive from a stock option exercise of 9,765 shares on August 10, 2026 and multiple restricted stock vestings between September 2020 and June 2026. Over the past three months, Morin has sold 4,655 shares for $257,125.00 on June 29, 2026 and 10,701 shares for $642,060.00 on August 4, 2026.

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Planned shares to be sold 15,582 shares Common stock proposed for sale under Form 144
Aggregate market value of planned sale $1,012,830.00 Market value of 15,582 common shares
Stock option exercise shares 9,765 shares Common stock acquired via stock option exercise on 08/10/2026
Shares sold on 06/29/2026 4,655 shares Common stock sold for $257,125.00
Proceeds from 06/29/2026 sale $257,125.00 Consideration for 4,655 common shares
Shares sold on 08/04/2026 10,701 shares Common stock sold for $642,060.00
Proceeds from 08/04/2026 sale $642,060.00 Consideration for 10,701 common shares
Stock Option Exercise financial
"Common | 08/10/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Restricted Stock Vesting financial
"Common | 09/10/2020 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the Form 144 filing for LIF indicate about Brittany B. Morin's planned stock sales?

The filing shows Brittany B. Morin intends to sell up to 15,582 common shares of the LIF issuer via Fidelity Brokerage Services on or after August 10, 2026, with an aggregate market value of $1,012,830.00.

What is the source of the LIF shares Brittany B. Morin plans to sell?

The planned sale includes shares from a stock option exercise of 9,765 shares dated August 10, 2026 and multiple restricted stock vestings between 2020 and 2026, all issued as compensation by the issuer.

On which market are the LIF issuer shares referenced in this Form 144 traded?

The common shares referenced in the filing are listed on NASDAQ, as stated in the Form 144 securities information section alongside the proposed sale details.

What is the aggregate market value of LIF shares covered by Brittany B. Morin's proposed Form 144 sale?

The proposed sale covers 15,582 common shares with an aggregate market value of $1,012,830.00, according to the securities information disclosed in the Form 144.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature