Life360 (LIF) director boosts stake with 31,938-share option exercise

Rhea-AI Filing Summary

Life360, Inc. director John Philip Coghlan exercised a stock option and acquired 31,938 shares of common stock at $0.18 per share through a derivative exercise on March 5, 2026. After this transaction, he directly holds 36,202 shares of common stock, which includes 1,672 restricted stock units that each represent a contingent right to receive one share upon vesting.

He also has indirect ownership of common stock, with 9,065 shares held by the John Coghlan Living Trust and 55,494 shares held by The John Philip Coghlan 2025 Grantor Retained Annuity Trust. The reported numbers were adjusted because a previously reported transfer of 1,672 directly held shares to the living trust has not yet occurred.

Insights

Equity compensation and governance analyst

Routine option exercise increases director’s direct and indirect stake.

The filing shows John Philip Coghlan, a director of Life360, Inc., exercising a fully vested stock option and acquiring 31,938 common shares at $0.18 per share via derivative exercise. This is a standard equity compensation event rather than an open-market purchase or sale.

Following the exercise, direct holdings rise to 36,202 shares, including 1,672 restricted stock units. Indirect positions total 9,065 shares in the John Coghlan Living Trust and 55,494 shares in a 2025 grantor retained annuity trust. The adjustment explaining that a previously reported transfer of 1,672 shares to the living trust has not yet occurred clarifies recordkeeping rather than signaling a new transaction.

Insider Trade Summary

31,938 shares exercised/converted

Mixed 4 txns

Insider COGHLAN JOHN PHILIP

Role Director

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	31,938	$0.00	--
Exercise	Common stock	31,938	$0.18	$6K
holding	Common stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct); Common stock — 36,202 shares (Direct); Common stock — 9,065 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 (1)

1. 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. These numbers have been adjusted to reflect that the transfer of 1,672 directly held shares to the John Coghlan Living Trust, which was inadvertently reported in the Form 4 filed December 16, 2025, has not yet occurred. The stock option is fully vested and exercisable.

Form 4 Insider Transactions: What Each Field Means →

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

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^*

COGHLAN JOHN PHILIP

(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)
03/05/2026

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	03/05/2026		M		31,938	A	$0.18	36,202(1)(2)	D
Common stock								9,065(2)	I	Held by the John Coghlan Living Trust
Common Stock								55,494	I	Held by The John Philip Coghlan 2025 Grantor Retained Annuity Trust

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)	$0.18	03/05/2026		M			31,938	(3)	06/30/2026	Common stock	31,938	$0	0	D

Explanation of Responses:

1. 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.

2. These numbers have been adjusted to reflect that the transfer of 1,672 directly held shares to the John Coghlan Living Trust, which was inadvertently reported in the Form 4 filed December 16, 2025, has not yet occurred.

3. The stock option is fully vested and exercisable.

Remarks:

	/s/ Jay Sood, as Attorney-in-Fact	03/09/2026
	** 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 insider transaction did Life360 (LIF) director John Philip Coghlan report?

Director John Philip Coghlan exercised a fully vested stock option, acquiring 31,938 shares of Life360 common stock at $0.18 per share. The transaction was reported as a derivative exercise, not an open-market purchase, and increased his overall equity stake in the company.

How many Life360 (LIF) shares does John Philip Coghlan own directly after this Form 4?

After the option exercise, John Philip Coghlan directly holds 36,202 shares of Life360 common stock. This figure includes 1,672 restricted stock units, each representing a contingent right to receive one share of common stock when the units vest in the future.

What indirect Life360 (LIF) holdings are associated with John Philip Coghlan?

Indirectly, 9,065 shares of Life360 common stock are held by the John Coghlan Living Trust, and 55,494 shares are held by The John Philip Coghlan 2025 Grantor Retained Annuity Trust. These positions are reported as indirect ownership interests tied to Coghlan.

What does the Form 4 say about Life360 (LIF) restricted stock units held by John Philip Coghlan?

The Form 4 notes that Coghlan’s direct holdings include 1,672 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Life360 common stock, which will be delivered if and when the unit satisfies its vesting conditions.

Why were Life360 (LIF) share counts adjusted in John Philip Coghlan’s Form 4?

Share numbers were adjusted because a previously reported transfer of 1,672 directly held shares to the John Coghlan Living Trust, disclosed in a December 16, 2025 Form 4, has not yet occurred. The current filing corrects ownership totals to reflect that the transfer remains pending.

Was the Life360 (LIF) stock option exercised by John Philip Coghlan fully vested?

Yes. The footnotes state that the Life360 stock option exercised by John Philip Coghlan was fully vested and exercisable at the time of the transaction, meaning he had already earned the right to convert it into common shares.