Life360 (LIF) director makes bona fide gift of 8,333 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life360, Inc. director Synge James reported a bona fide gift of 8,333 shares of common stock on March 17, 2026. The transfer was made for charitable purposes and involved no sale proceeds. After this gift, James holds 186,421 shares of common stock, including shares underlying Chess Depositary Interests and 703 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,333 shares gifted
Mixed
1 txn
Insider
Synge James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common stock | 8,333 | $0.00 | -- |
Holdings After Transaction:
Common stock — 186,421 shares (Direct)
Footnotes (1)
- This transaction reflects a bona fide gift of the Issuer's stock for charitable purposes. Represents shares of the Issuer's common stock underlying 25,000 Chess Depositary Interests ("CDIs") as converted on a 1:3 common stock to CDI ratio. The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. Includes common stock and the number of shares of common stock underlying CDIs. Includes 703 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
What insider transaction did Life360 (LIF) director Synge James report?
Synge James reported a bona fide gift transfer of 8,333 shares of Life360 common stock. The transaction was coded as a charitable gift, involved no sale proceeds, and reflects a disposition rather than a market trade or purchase.
Was the Life360 (LIF) insider transaction a sale or a gift?
The transaction was a gift, not a sale. It is identified as a bona fide gift of issuer stock for charitable purposes, with a reported price per share of $0.00, indicating no sale proceeds or open-market trading activity.
What are the Chess Depositary Interests (CDIs) mentioned in the Life360 (LIF) filing?
The filing notes that some holdings reflect shares underlying 25,000 Chess Depositary Interests, or CDIs. These CDIs trade on the Australian Securities Exchange and convert at a 1:3 common stock to CDI ratio through CHESS Depositary Nominees Pty Limited.
Do Synge James’s Life360 (LIF) holdings include restricted stock units?
Yes. The reported holdings include 703 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Life360 common stock upon vesting, adding to the director’s total reported position after the gift.