STOCK TITAN

Life360 director sells 7,930 shares at $42.12

A Life360 director exercised options and sold 7,930 shares under a pre-set Rule 10b5-1 trading plan.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Life360, Inc. (LIF) director Charles J. Prober exercised stock options for 7,930 shares of common stock on September 14, 2026 at an exercise price of $11.18 per share, then sold 7,930 shares at $42.12 per share the same day. The options were fully vested and exercisable and the transactions were carried out under a Rule 10b5-1 trading plan adopted on March 14, 2025. Reported holdings include 3,361 restricted stock units representing contingent rights to receive common shares upon vesting.

Positive

  • None.

Negative

  • None.
Insider Prober Charles J.
Role Director
Sold 7,930 shs ($334K)
Approx. gross sale proceeds $334K
Approx. exercise cost $89K
Approx. pre-tax spread $245K
Type Security Shares Price Value
Exercise Stock Option (right to buy) F1, F3 7,930 $0.00 $0.00
Exercise Common stock F1, F2 7,930 $11.18 $89K
Sale Common stock F1, F2 7,930 $42.12 $334K
Holdings After Transaction: Stock Option (right to buy) — 15,860 contracts (Direct); Common stock — 109,930 shares (Direct)
Footnotes (3)
  1. F1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025. 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.
  2. F2. Includes 3,361 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
  3. F3. The stock option is fully vested and exercisable.
Shares sold 7,930 shares Common stock sale on September 14, 2026
Sale price per share $42.12 per share Common stock sale on September 14, 2026
Options exercised 7,930 shares Stock option exercise on September 14, 2026
Option exercise price $11.18 per share Stock option (right to buy) for Life360 common stock
Options shares following transaction 15,860 shares Total stock options reported as held after the option transaction
Restricted stock units 3,361 RSUs RSUs included in reported holdings, each for one share upon vesting
Option expiration date April 12, 2028 Expiration date of the exercised stock option
10b5-1 plan adoption date March 14, 2025 Date the Rule 10b5-1 trading plan was adopted
Rule 10b5-1 trading plan regulatory
"The transaction reported ... was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Includes 3,361 restricted stock units previously granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
stock option financial
"The stock option is fully vested and exercisable"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise or conversion of derivative security financial
"Transaction code description: Exercise or conversion of derivative security"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Life360 (LIF) director Charles J. Prober report on this Form 4?

He exercised stock options for 7,930 shares of Life360 common stock at $11.18 per share and sold 7,930 shares at $42.12 per share on September 14, 2026, in transactions reported as direct ownership.

Was the Life360 (LIF) insider transaction made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2025, providing for automatic sales of company stock based on predetermined criteria.

How many Life360 (LIF) shares did the director sell and at what price?

The director sold 7,930 shares of Life360 common stock on September 14, 2026 at a reported price of $42.12 per share in a sale transaction coded as a disposition.

What options did the Life360 (LIF) director exercise in this Form 4?

He exercised a stock option for 7,930 shares of Life360 common stock at an exercise price of $11.18 per share. The filing notes that this stock option is fully vested and exercisable and has an expiration date of April 12, 2028.

Does the Life360 (LIF) Form 4 mention any restricted stock units (RSUs)?

Yes. A footnote explains that the director’s reported holdings include 3,361 restricted stock units, each representing a contingent right to receive one share of Life360 common stock upon vesting.

Is this Life360 (LIF) Form 4 primarily a buy or a sell transaction?

The filing shows an option exercise for 7,930 shares followed by a sale of 7,930 shares, resulting in a net disposition of 7,930 shares when considering the sale leg.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Prober Charles J.

(Last)(First)(Middle)
C/O LIFE360, INC.
1900 SOUTH NORFOLK STREET, SUITE 310

(Street)
SAN MATEO CALIFORNIA 94403

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Life360, Inc. [ LIF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common stock09/14/2026M(1)7,930A$11.18117,860(2)D
Common stock09/14/2026S(1)7,930D$42.12109,930(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$11.1809/14/2026M(1)7,930 (3)04/12/2028Common stock7,930$015,860D
Explanation of Responses:
1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025. 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.
2. Includes 3,361 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
3. The stock option is fully vested and exercisable.
Remarks:
/s/ Jay Sood, Attorney-in-Fact09/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading