Life360 director gets RSUs, sells stock at $44
Life360, Inc. director John Philip Coghlan reported both equity awards and sales of common stock.
Rhea-AI Filing Summary
Life360, Inc. director John Philip Coghlan reported both equity awards and sales of common stock. He received a grant of 4,840 Restricted Stock Units at no cost, bringing his directly held RSUs to 5,676, which vest quarterly from May 15, 2026, subject to continued service. Through the John Coghlan Living Trust, he sold a total of 4,000 shares in open-market transactions at weighted average prices of about $43.95 and $44.64, executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025. After these sales, that trust holds 28,431 shares, while a separate Grantor Retained Annuity Trust holds 55,494 shares of common stock.
Positive
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Negative
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Insider Trade Summary
Net Seller: 4,000 shares
Net Sell
4 txns
Insider
COGHLAN JOHN PHILIP
Role
Director
Sold
4,000 shs ($176K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 3,796 | $43.95 | $167K |
| Sale | Common stock | 204 | $44.64 | $9K |
| Grant/Award | Common stock | 4,840 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 5,676 shares (Direct);
Common stock — 28,431 shares (Indirect, Held by the John Coghlan Living Trust);
Common Stock — 55,494 shares (Indirect, Held by The John Philip Coghlan 2025 Grantor Retained Annuity Trust)
Footnotes (5)
- F1. 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.
- F2. Includes 5,676 RSUs, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- F3. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2025. The Rule 10b5-1 trading plan is a pre-arranged written trading plan pursuant to which shares of the Issuer's common stock are sold automatically based on a predetermined formula that was established by the Reporting Person at a time when the Reporting Person was not aware of any material nonpublic information about the Company.
- F4. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $43.53 to $44.52, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full details regarding the number of shares sold at each separate price within the range.
- F5. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $44.63 to $44.64, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full details regarding the number of shares sold at each separate price within the range.
Key Figures
Shares sold: 4,000 shares
Sale price (larger block): $43.95 per share
Sale price (smaller block): $44.64 per share
+4 more
7 metrics
Shares sold
4,000 shares
Open-market sales by John Coghlan Living Trust
Sale price (larger block)
$43.95 per share
Weighted average price for 3,796 shares sold
Sale price (smaller block)
$44.64 per share
Weighted average price for 204 shares sold
RSU grant
4,840 RSUs
New award of Restricted Stock Units to director
Direct RSU holdings
5,676 RSUs
RSUs held after grant, each for one common share
Living Trust holdings
28,431 shares
Shares held by John Coghlan Living Trust after sales
GRAT holdings
55,494 shares
Shares held by 2025 Grantor Retained Annuity Trust
Key Terms
Restricted Stock Units ("RSUs"), Rule 10b5-1 trading plan, Grantor Retained Annuity Trust, weighted average price
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.
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
Grantor Retained Annuity Trust financial
"Held by The John Philip Coghlan 2025 Grantor Retained Annuity Trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
weighted average price financial
"The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
