[Form 4] Life360, Inc. Insider Trading Activity
Rhea-AI Filing Summary
John Philip Coghlan, a director of Life360, Inc. (LIF), reported securities transactions on a Form 4. On 08/15/2025 he sold 10,000 shares of Life360 common stock at a weighted average price of $85.01 per share, with sale prices in the range of $85.00 to $85.10. After the reported transactions the filing shows the reporting person beneficially owns 67,604 shares indirectly held by the John Philip Coghlan 2025 Grantor Retained Annuity Trust and 12,500 shares indirectly held by the John Coghlan Living Trust. The filing also records 3,344 restricted stock units (described as contingent rights to receive common shares upon vesting). The Form 4 is signed by an attorney-in-fact on 08/22/2025.
Positive
- Required disclosure provided: The Form 4 reports insider transactions and current beneficial ownership, ensuring regulatory transparency.
- Detailed pricing disclosure: The filing specifies a weighted average sale price ($85.01) and price range ($85.00 to $85.10) for the 10,000 shares sold.
Negative
- Insider disposition: The reporting person sold 10,000 shares on 08/15/2025, reducing reported holdings.
- Reduction in reported direct holdings: The filing records dispositions (including 3,344 RSUs shown as disposed) which change the composition of the reporting person’s potential future stake.
Insights
TL;DR: Director sold 10,000 shares at ~$85, reducing direct holdings; overall disclosed beneficial ownership remains material.
The reported sale of 10,000 shares on 08/15/2025 at a weighted average price of $85.01 is a clear insider disposition that may modestly change near-term insider holding dynamics but does not by itself disclose any change to company operations or financial performance. The filing shows 67,604 shares indirectly held in a grantor retained annuity trust and 12,500 shares in a living trust, and records 3,344 RSUs as contingent rights. This is routine Section 16 reporting of an insider sale and updated beneficial ownership totals.
TL;DR: Form 4 provides required transparency on insider dispositions and trust holdings; no governance event or control shift is reported.
The disclosure documents an insider sale and lists indirect holdings through two trusts plus outstanding RSUs. There is no indication of a change in board membership, officer status, or any transfer that would suggest a governance change or 10% ownership threshold crossing. The signature by an attorney-in-fact is noted, consistent with authorized filing practice.