Life360, Inc. (LIF) director reports Rule 10b5-1 trades and stock gift
Rhea-AI Filing Summary
Life360, Inc. director John Coghlan reported sales, transfers and a charitable gift of company common stock. On 12/05/2025, the John Coghlan Living Trust sold 2,025 shares at a weighted average price of $76.82 and 1,100 shares at a weighted average price of $77.96, in each case under a Rule 10b5-1 trading plan adopted on December 6, 2024.
On 12/09/2025, he made a bona fide gift of 3,045 shares to a donor-advised fund for charitable purposes and transferred 3,045 shares between the John Coghlan Living Trust and The John Philip Coghlan 2025 Grantor Retained Annuity Trust in transactions described as exempt under Rule 16a-13.
Following these transactions, he beneficially owns 3,344 shares directly, 9,065 shares through the John Coghlan Living Trust and 55,494 shares through The John Philip Coghlan 2025 Grantor Retained Annuity Trust, including 1,672 restricted stock units that each represent one share upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 3,045 | $0.00 | -- |
| Sale | Common Stock | 2,025 | $76.82 | $156K |
| Sale | Common Stock | 1,100 | $77.96 | $86K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 6, 2024. 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. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $76.45 to $77.28, 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. The Reporting Person transferred 3,045 shares indirectly held by The John Philip Coghlan 2025 Grantor Retained Annuity Trust to the John Coghlan Living Trust, and transferred 3,045 shares indirectly held by the John Coghlan Living Trust to The John Philip Coghlan 2025 Grantor Retained Annuity Trust, which transfers were exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $77.52 to $78.41, 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. This transaction reflects a bona fide gift of the Issuer's common stock to a donor-advised fund (DAF) for charitable purposes. The Reporting Person retains no beneficial ownership or control over the donated securities following the contribution. Includes 1,672 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
FAQ
What insider transactions did Life360 (LIF) director John Coghlan report?
John Coghlan reported sales of Life360 common stock by the John Coghlan Living Trust, a charitable gift of shares to a donor-advised fund, and transfers of shares between his living trust and The John Philip Coghlan 2025 Grantor Retained Annuity Trust.
Were the Life360 (LIF) stock sales made under a Rule 10b5-1 trading plan?
Yes. The filing states that the reported sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2024, which provides for automatic sales based on a predetermined formula.
Did the Life360 director make any charitable gifts of stock?
Yes. On 12/09/2025, the reporting person made a bona fide gift of 3,045 shares of Life360 common stock to a donor-advised fund for charitable purposes and retained no beneficial ownership or control over those donated securities.
What do the transfers between the Coghlan trusts represent?
The filing explains that 3,045 shares were transferred from The John Philip Coghlan 2025 Grantor Retained Annuity Trust to the John Coghlan Living Trust and 3,045 shares were transferred in the opposite direction, and that these transfers were exempt from Section 16 under Rule 16a-13.