Insider for LIF (LIF) files to sell 15,582 common shares worth $1.01M
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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Key Figures
Planned shares to be sold: 15,582 shares
Aggregate market value of planned sale: $1,012,830.00
Stock option exercise shares: 9,765 shares
+4 more
7 metrics
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
Key Terms
Stock Option Exercise, Restricted Stock Vesting, Form 144
3 terms
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.
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.