Life360 (LIF) director Mark Goines granted 5,322 RSUs and reports updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goines Mark reported acquisition or exercise transactions in this Form 4 filing.
Life360, Inc. director Mark Goines reported an equity compensation award and updated share holdings. He received a grant of 5,322 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of common stock upon settlement, with one‑quarter vesting quarterly from May 15, 2026, subject to his continuous service.
After this grant, he holds 11,392 shares of common stock directly, which include 6,102 RSUs. He also reports 56,809 shares held indirectly through the Goines Wong Living Trust. The transactions reflect routine stock-based compensation and updated ownership rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Goines Mark
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 5,322 | $0.00 | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 11,392 shares (Direct, null);
Common stock — 56,809 shares (Indirect, Held by the Goines Wong Living Trust)
Footnotes (1)
- Represents the grant of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 1/4th of the RSUs will vest quarterly from May 15, 2026, subject to the Reporting Person's continuous service through each vest date. Includes 6,102 RSUs, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
Key Figures
RSU grant size: 5,322 RSUs
RSU grant price: $0.0000 per share
Direct holdings after grant: 11,392 shares
+3 more
6 metrics
RSU grant size
5,322 RSUs
Grant of Restricted Stock Units to director on May 29, 2026
RSU grant price
$0.0000 per share
Recorded price per RSU in the grant transaction
Direct holdings after grant
11,392 shares
Total direct Life360 common stock reported after the RSU grant
RSUs in direct holdings
6,102 RSUs
RSUs included within direct holdings, each for one common share
Indirect trust holdings
56,809 shares
Life360 shares held by the Goines Wong Living Trust
RSU vesting schedule
1/4 quarterly from May 15, 2026
Vesting contingent on continuous service through each vest date
Key Terms
Restricted Stock Units ("RSUs"), contingent right, vest quarterly, Living Trust
4 terms
Restricted Stock Units ("RSUs") financial
"Represents the grant of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement."
vest quarterly financial
"1/4th of the RSUs will vest quarterly from May 15, 2026, subject to the Reporting Person's continuous service"
Living Trust financial
"Held by the Goines Wong Living Trust"
FAQ
What equity award did Life360 (LIF) director Mark Goines report on this Form 4?
Mark Goines reported a grant of 5,322 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Life360 common stock upon settlement. The award was recorded at a per‑share price of $0.0000, indicating a compensation grant rather than a purchase.
How do the new RSUs granted to Mark Goines at Life360 (LIF) vest?
The 5,322 RSUs granted to Mark Goines vest over time, with one‑quarter vesting quarterly from May 15, 2026. Vesting is conditioned on his continuous service with Life360 through each applicable vesting date as described in the filing footnote.
What indirect Life360 (LIF) holdings are reported for Mark Goines on this Form 4?
In addition to direct holdings, the filing reports 56,809 shares of Life360 common stock held indirectly. These shares are held by the Goines Wong Living Trust, as indicated by the nature of ownership field in the non‑derivative transaction section of the Form 4.
Does Mark Goines’ Life360 (LIF) Form 4 show any open-market stock purchases or sales?
The Form 4 does not show open‑market purchases or sales by Mark Goines. Instead, it reports a grant of 5,322 RSUs as equity compensation and an updated indirect holding line for 56,809 shares held by the Goines Wong Living Trust.