Life360 Executive's Stock Sale Shows Continued Large Holdings of 106K Shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life360's General Counsel Susan L. Stick reported a sale of 500 shares of common stock at $62.33 per share on June 25, 2025, executed under a pre-established Rule 10b5-1 trading plan from November 27, 2024.
Following the transaction, Stick maintains beneficial ownership of 106,422 shares, including 88,612 restricted stock units that will convert to common stock upon vesting. The sale was conducted through a Rule 10b5-1 plan, which was established when the insider had no material nonpublic information.
- Transaction Type: Sale of Common Stock
- Trading Plan: Rule 10b5-1 compliant
- Position: General Counsel
- Direct Ownership: Maintained
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 500 shares ($31,165)
Net Sell
1 txn
Insider
Stick Susan L.
Role
General Counsel
Sold
500 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $62.33 | $31K |
Holdings After Transaction:
Common Stock — 106,422 shares (Direct)
Footnotes (1)
- The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 27, 2024. The Rule 10b5-1 trading plan is a written, pre-established trading plan that provides for the automatic sale of Company stock pursuant to predetermined criteria. The Reporting Person adopted the plan at a time when they were not aware of any material nonpublic information about the Company. Includes 88,612 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
FAQ
Was the LIF stock sale by Susan Stick part of a 10b5-1 trading plan?
Yes, the sale was executed pursuant to a Rule 10b5-1 trading plan that was adopted by Susan Stick on November 27, 2024. The plan provides for automatic sale of Company stock based on predetermined criteria and was adopted when she was not aware of any material nonpublic information.
What is Susan Stick's position at Life360 (LIF)?
Susan Stick serves as the General Counsel of Life360 (LIF), as indicated in the Form 4 filing where her relationship to the issuer is marked as an Officer with the title 'General Counsel.'
How many restricted stock units (RSUs) of LIF does Susan Stick hold?
According to the Form 4 filing, Susan Stick holds 88,612 restricted stock units (RSUs), each representing a contingent right to receive one share of Life360's common stock upon vesting.