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Life360 (LIF) CFO gains 24,265 performance-based shares, expands trust holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Life360, Inc. Chief Financial Officer Russell John Burke reported an equity award linked to performance-based restricted stock units. On March 25, 2026, a performance metric tied to PRSUs granted on April 9, 2025 was determined to be satisfied, triggering acquisition of 24,265 shares of common stock at no cost.

Each PRSU represents a right to receive one share upon settlement. According to the filing, 25% of these PRSUs vested on January 1, 2026, with the remaining 75% converted to time-based RSUs that will vest in twelve equal quarterly installments, subject to continued service. Following this and prior grants, Burke holds 80,838 restricted stock units directly and 113,361 shares indirectly through the Russell John Burke Revocable Trust & Jeanette L Calandra Revocable Trust ELD as tenants in common, reflecting both direct and trust-based ownership. The filing also notes an exempt transfer of 22,284 directly held shares into this trust structure.

Positive

  • None.

Negative

  • None.
Insider Burke Russell John
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common stock 24,265 $0.00 --
holding Common stock -- -- --
Holdings After Transaction: Common stock — 80,838 shares (Direct); Common stock — 113,361 shares (Indirect, Held by the Russell John Burke Revocable Trust & Jeanette L Calandra Revocable Trust ELD as TIC)
Footnotes (1)
  1. Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person on April 9, 2025. In light of the performance-based vesting condition, this grant was not reportable under Section 16 until the performance metric was satisfied. On March 25, 2026, it was determined that the performance metric had been met. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 25% of the PRSUs vested on January 1, 2026 with the remaining 75% converting to time-based RSUs and vesting in twelve equal quarterly installments thereafter, subject to the Reporting Person's continuous service through each vest date. Includes 80,838 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting. The Reporting Person transferred 22,284 directly held shares to the Russell John Burke Revocable Trust & Jeanette L Calandra Revocable Trust ELD as TIC, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended. Shares were previously reported as held by the "Russell John Burke Revocable Trust," which was an abbreviation for the "Russell John Burke Revocable Trust & Jeanette L Calandra Revocable Trust ELD as TIC." As of this Form 4, the Reporting Person is included the full name of the trust for clarification purposes.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Burke Russell John

(Last)(First)(Middle)
C/O LIFE360, INC.
1900 SOUTH NORFOLK STREET, SUITE 310

(Street)
SAN MATEO CALIFORNIA 94403

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Life360, Inc. [ LIF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common stock03/25/2026A(1)24,265A$080,838(2)D
Common stock113,361(3)IHeld by the Russell John Burke Revocable Trust & Jeanette L Calandra Revocable Trust ELD as TIC(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person on April 9, 2025. In light of the performance-based vesting condition, this grant was not reportable under Section 16 until the performance metric was satisfied. On March 25, 2026, it was determined that the performance metric had been met. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 25% of the PRSUs vested on January 1, 2026 with the remaining 75% converting to time-based RSUs and vesting in twelve equal quarterly installments thereafter, subject to the Reporting Person's continuous service through each vest date.
2. Includes 80,838 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
3. The Reporting Person transferred 22,284 directly held shares to the Russell John Burke Revocable Trust & Jeanette L Calandra Revocable Trust ELD as TIC, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
4. Shares were previously reported as held by the "Russell John Burke Revocable Trust," which was an abbreviation for the "Russell John Burke Revocable Trust & Jeanette L Calandra Revocable Trust ELD as TIC." As of this Form 4, the Reporting Person is included the full name of the trust for clarification purposes.
Remarks:
/s/ Allison Chang, Attorney-in-Fact03/27/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Life360 (LIF) CFO Russell John Burke report in this Form 4?

Life360 CFO Russell John Burke reported acquiring 24,265 shares tied to performance-based restricted stock units after a performance metric was met. The award stems from PRSUs granted in April 2025 and vests over time, reflecting compensation rather than an open-market stock purchase.

How many Life360 (LIF) shares or units does the CFO hold after this transaction?

After the reported transaction, Russell John Burke holds 80,838 restricted stock units directly and 113,361 shares indirectly through a revocable trust. This combines long-term incentive awards and trust-held shares, showing both personal and trust-based exposure to Life360 common stock.

What are the terms of the Life360 (LIF) performance-based RSUs granted to the CFO?

The CFO’s performance-based RSUs were granted on April 9, 2025. Once the performance metric was met on March 25, 2026, 25% vested as of January 1, 2026, and the remaining 75% converted to time-based RSUs that vest in twelve equal quarterly installments, contingent on continued service.

Did the Life360 (LIF) CFO buy shares on the open market in this Form 4?

No, the filing reflects a grant and vesting-related acquisition of 24,265 shares at no cost, tied to performance-based restricted stock units. It does not report any open-market purchases or sales by the CFO; the activity is compensation-related rather than trading in the market.

How are Life360 (LIF) shares held indirectly by the CFO structured?

Indirect holdings are reported as 113,361 shares held by the Russell John Burke Revocable Trust & Jeanette L Calandra Revocable Trust ELD as tenants in common. The filing notes a prior exempt transfer of 22,284 directly held shares into this trust structure under SEC Rule 16a-13.

What vesting schedule applies to the remaining Life360 (LIF) RSUs for the CFO?

After 25% of the PRSUs vested on January 1, 2026, the remaining 75% converted into time-based RSUs. These RSUs are scheduled to vest in twelve equal quarterly installments, provided the CFO maintains continuous service with Life360 through each vesting date.
Life360 Inc

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Software - Application
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United States
SAN MATEO