Life360 (LIF) CFO awarded 43,416 RSUs, now holds 124,254 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burke Russell John reported acquisition or exercise transactions in this Form 4 filing.
Life360, Inc.’s Chief Financial Officer Russell John Burke reported a grant of 43,416 restricted stock units (RSUs), each representing a right to receive one share of common stock upon settlement. The RSUs vest in equal monthly installments, with 1/48th vesting each month starting on January 1, 2026, subject to his continued service.
Following this grant, he holds 124,254 RSUs directly and also has an indirect holding of 113,361 shares of common stock through revocable trusts. This filing reflects compensation-related equity awards rather than open‑market share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Burke Russell John
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 43,416 | $0.00 | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 124,254 shares (Direct);
Common stock — 113,361 shares (Indirect, Held by the Russell John Burke Revocable Trust & Jeanette L Calandra Revocable Trust ELD as TIC)
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. 1/48th of the RSUs will vest monthly from January 1, 2026, subject to the Reporting Person's continuous service through each vesting date. Represents 124,254 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
Key Figures
RSUs granted: 43,416 RSUs
Vesting schedule: 1/48th monthly
Direct RSU holdings: 124,254 RSUs
+2 more
5 metrics
RSUs granted
43,416 RSUs
Grant to CFO on April 14, 2026
Vesting schedule
1/48th monthly
From January 1, 2026, subject to continuous service
Direct RSU holdings
124,254 RSUs
Restricted stock units representing rights to common shares
Indirect common shares
113,361 shares
Held by revocable trusts as tenants in common
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
restricted stock units, RSUs, contingent right, vesting, +1 more
5 terms
restricted stock units financial
"Represents the grant of restricted stock units ("RSUs"). Each RSU represents a contingent right"
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.
RSUs financial
"Represents 124,254 restricted stock units previously granted, each of which represents a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
vesting financial
"1/48th of the RSUs will vest monthly from January 1, 2026, subject to the Reporting Person's continuous service"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tenants in common financial
"Held by the Russell John Burke Revocable Trust & Jeanette L Calandra Revocable Trust ELD as TIC"
FAQ
What insider transaction did Life360 (LIF) disclose for CFO Russell John Burke?
Life360 disclosed that CFO Russell John Burke received a grant of 43,416 restricted stock units. Each RSU can convert into one share of common stock upon settlement, reflecting equity-based compensation rather than an open-market stock purchase or sale.
How do the new RSUs granted to Life360 (LIF) CFO vest over time?
The 43,416 RSUs granted to Life360’s CFO vest monthly, with 1/48th vesting from January 1, 2026. Vesting is conditioned on his continuous service, meaning he receives the underlying shares gradually over four years if he remains with the company.
How many Life360 (LIF) restricted stock units does the CFO hold after this filing?
After the reported grant, the CFO holds 124,254 restricted stock units. Each RSU represents a contingent right to receive one share of Life360 common stock upon vesting, indicating a sizeable equity-based component in his overall compensation package.
What indirect Life360 (LIF) holdings are reported for the CFO in this Form 4?
The Form 4 shows an indirect holding of 113,361 Life360 common shares. These are held by the Russell John Burke Revocable Trust and the Jeanette L Calandra Revocable Trust ELD as tenants in common, rather than directly in the CFO’s personal account.
Does the Life360 (LIF) Form 4 indicate any open-market stock sales or purchases?
The Form 4 does not report any open-market purchases or sales. It records a compensation-related grant of 43,416 restricted stock units to the CFO and lists existing direct and indirect holdings, without showing market transactions changing the public share float.