Life360, Inc. (LIF) director exercises 21,310 options, sells shares to fund cost

Rhea-AI Filing Summary

Life360, Inc. director David Wiadrowski reported an option exercise and related share sale. On March 13, 2026, he exercised stock options for 21,310 shares of common stock, including 13,850 shares at an exercise price of $13.35 and 7,460 shares at $8.19 per share.

The filing shows an open-market sale of 5,957 shares of common stock at a weighted average price of $41.34 per share, with footnotes stating these shares were sold solely to cover the option exercise cost. After these transactions, he directly owned 39,679 shares of common stock, which includes 738 restricted stock units that will convert into shares upon vesting.

SEC Form 4

FORM 4

UNITED 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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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^*

Wiadrowski David

(Last) (First) (Middle)

C/O LIFE360, INC.

1900 SOUTH NORFOLK STREET, SUITE 310

(Street)

SAN MATEO CA 94403

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Life360, Inc. [ LIF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/13/2026		M(1)		13,850	A	$13.35	38,176(2)	D
Common Stock	03/13/2026		M(1)		7,460	A	$8.19	45,636(2)	D
Common Stock	03/13/2026		S(3)		5,957	D	$41.34(4)	39,679(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$13.35	03/13/2026		M(1)			13,850	(5)	04/29/2027	Common stock	13,850	$0	0	D
Stock Option (right to buy)	$8.19	03/13/2026		M(1)			7,460	(5)	05/20/2028	Common stock	7,460	$0	16,051	D

Explanation of Responses:

1. The reporting person exercised the stock options on a cashless basis.

2. Includes 738 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.

3. Shares of the Issuer's common stock were sold in the open market solely to cover the option exercise cost.

4. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $41.27 to $41.455, 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.

5. The stock option is fully vested and exercisable.

Remarks:

	/s/ Jay Sood, Attorney-in-Fact	03/17/2026
	** Signature of Reporting Person	Date
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.

FAQ

What did Life360 (LIF) director David Wiadrowski report in this Form 4?

He reported exercising stock options for 21,310 Life360 shares and selling 5,957 shares. The sale was disclosed as being solely to cover the option exercise cost, leaving him with 39,679 shares directly owned after the transactions, including restricted stock units.

How many Life360 (LIF) options did David Wiadrowski exercise and at what prices?

He exercised stock options covering 21,310 Life360 shares. This included 13,850 shares with a $13.35 exercise price and 7,460 shares with an $8.19 exercise price. Footnotes indicate the options were fully vested and the exercise was conducted on a cashless basis.

How many Life360 (LIF) shares did David Wiadrowski sell and at what price?

He sold 5,957 Life360 common shares at a weighted average price of $41.34 per share. The filing explains these shares were sold in multiple transactions within a narrow price range and were used solely to cover the cost of exercising his stock options.

What are David Wiadrowski’s Life360 (LIF) holdings after these transactions?

After the option exercises and related sale, he directly owned 39,679 Life360 common shares. This total includes 738 restricted stock units, each representing a contingent right to receive one common share upon vesting, as described in the filing’s footnotes.

What does a cashless stock option exercise mean in this Life360 (LIF) filing?

A cashless exercise means the option holder does not pay the exercise cost in cash. Instead, some shares received from exercising options are sold to fund the exercise price, as disclosed here where shares were sold solely to cover the option exercise cost.

Was the Life360 (LIF) share sale characterized as routine in this Form 4?

The filing states shares were sold in the open market solely to cover the option exercise cost. Combined with the option exercise and the remaining 39,679-share position, this suggests a transaction structured around compensation and funding the exercise, rather than a broad portfolio reduction.