STOCK TITAN

[Form 4] Life360, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Agilysys, Inc. (AGYS) – SEC Form 3 filing

The filing records the initial beneficial ownership of recently reported officer Shivashankar Sethuram, Chief Technology Officer. As of the event date (05/22/2025), the executive holds:

  • 23,805 shares of common stock held directly, including 2,399 time-based restricted shares granted under the 2024 Equity Incentive Plan that vest in tranches on 6/30/2025, 10/31/2025 and 10/31/2026.
  • 2,169 restricted stock units (RSUs) that convert 1-for-1 into common shares, vesting in three equal installments on 10/31/2025, 2026 and 2027.

The Form 3 establishes Mr. Sethuram as a Section 16 insider, initiating ongoing reporting obligations for any future trades. No derivative instruments other than RSUs are disclosed, and the filing does not indicate additional indirect ownership.

Investors typically view Form 3 filings as routine governance disclosures rather than catalysts; however, they offer transparency into new executives’ equity alignment.

Agilysys, Inc. (AGYS) – Deposito Modulo SEC 3

Il deposito registra la possessione iniziale di titoli da parte del neo nominato dirigente Shivashankar Sethuram, Chief Technology Officer. Alla data dell'evento (22/05/2025), l'esecutivo detiene:

  • 23.805 azioni ordinarie detenute direttamente, inclusi 2.399 azioni vincolate basate sul tempo concesse nell'ambito del Piano di Incentivi Azionari 2024, che maturano in tranche il 30/06/2025, 31/10/2025 e 31/10/2026.
  • 2.169 unità di azioni vincolate (RSU) convertibili 1:1 in azioni ordinarie, con maturazione in tre rate uguali il 31/10/2025, 2026 e 2027.

Il Modulo 3 identifica il Sig. Sethuram come un insider ai sensi della Sezione 16, avviando obblighi di comunicazione continui per eventuali operazioni future. Non sono segnalati strumenti derivati oltre alle RSU, né indicazioni di ulteriori proprietà indirette.

Gli investitori generalmente considerano i depositi del Modulo 3 come comunicazioni di governance di routine piuttosto che come eventi scatenanti; tuttavia, offrono trasparenza sull’allineamento patrimoniale dei nuovi dirigenti.

Agilysys, Inc. (AGYS) – Presentación del Formulario SEC 3

La presentación registra la propiedad beneficiosa inicial del recientemente reportado ejecutivo Shivashankar Sethuram, Director de Tecnología. A la fecha del evento (22/05/2025), el ejecutivo posee:

  • 23,805 acciones ordinarias en propiedad directa, incluyendo 2,399 acciones restringidas basadas en tiempo otorgadas bajo el Plan de Incentivos de Capital 2024, que se consolidan en tramos el 30/06/2025, 31/10/2025 y 31/10/2026.
  • 2,169 unidades de acciones restringidas (RSU) que se convierten 1 a 1 en acciones ordinarias, con consolidación en tres cuotas iguales el 31/10/2025, 2026 y 2027.

El Formulario 3 establece al Sr. Sethuram como un insider según la Sección 16, iniciando obligaciones continuas de reporte para futuras transacciones. No se divulgan instrumentos derivados aparte de las RSU, ni se indica propiedad indirecta adicional.

Los inversores suelen considerar las presentaciones del Formulario 3 como divulgaciones rutinarias de gobernanza más que como eventos catalizadores; sin embargo, brindan transparencia sobre la alineación accionaria de los nuevos ejecutivos.

Agilysys, Inc. (AGYS) – SEC 양식 3 제출

이번 제출은 최근 보고된 임원 시바샨카르 세투람 최고기술책임자(CTO)최초 실질 소유권을 기록합니다. 사건 발생일(2025년 5월 22일) 기준, 해당 임원은 다음을 보유하고 있습니다:

  • 23,805주의 보통주를 직접 보유하고 있으며, 이 중 2,399주 시간 기반 제한 주식은 2024년 주식 인센티브 계획 하에 부여되어 2025년 6월 30일, 2025년 10월 31일, 2026년 10월 31일에 단계적으로 권리가 확정됩니다.
  • 2,169개의 제한주식단위(RSU)는 1대1 비율로 보통주로 전환되며, 2025년, 2026년, 2027년 10월 31일에 각각 3등분하여 권리가 확정됩니다.

양식 3은 세투람 씨를 섹션 16 내부자로 지정하며, 이후 모든 거래에 대해 지속적인 보고 의무가 시작됩니다. RSU 외에 다른 파생 상품은 공개되지 않았고, 추가 간접 소유권도 표시되지 않았습니다.

투자자들은 일반적으로 양식 3 제출을 촉매보다는 일상적인 거버넌스 공개로 간주하지만, 이는 신임 임원의 주식 정렬 상황을 투명하게 보여줍니다.

Agilysys, Inc. (AGYS) – Dépôt du formulaire SEC 3

Le dépôt enregistre la propriété bénéficiaire initiale du dirigeant récemment signalé Shivashankar Sethuram, Directeur Technique. À la date de l'événement (22/05/2025), le cadre détient :

  • 23 805 actions ordinaires détenues directement, dont 2 399 actions restreintes basées sur le temps attribuées dans le cadre du Plan d'Incitation en Actions 2024, qui deviennent acquises par tranches le 30/06/2025, 31/10/2025 et 31/10/2026.
  • 2 169 unités d'actions restreintes (RSU) convertibles à raison de 1 pour 1 en actions ordinaires, acquises en trois versements égaux les 31/10/2025, 2026 et 2027.

Le formulaire 3 établit M. Sethuram en tant qu'initié selon la Section 16, déclenchant des obligations de déclaration continues pour toute transaction future. Aucun instrument dérivé autre que les RSU n'est divulgué, et le dépôt n'indique pas de propriété indirecte supplémentaire.

Les investisseurs considèrent généralement les dépôts du formulaire 3 comme des divulgations de gouvernance de routine plutôt que comme des catalyseurs ; cependant, ils offrent une transparence sur l'alignement en actions des nouveaux dirigeants.

Agilysys, Inc. (AGYS) – SEC Formular 3 Einreichung

Die Einreichung dokumentiert das anfängliche wirtschaftliche Eigentum des kürzlich gemeldeten Führungskräfte Shivashankar Sethuram, Chief Technology Officer. Zum Ereignisdatum (22.05.2025) hält der Manager:

  • 23.805 Aktien des Stammkapitals direkt, einschließlich 2.399 zeitgebundener eingeschränkter Aktien, die im Rahmen des 2024 Equity Incentive Plans gewährt wurden und in Tranchen am 30.06.2025, 31.10.2025 und 31.10.2026 unverfallbar werden.
  • 2.169 Restricted Stock Units (RSUs), die 1:1 in Stammaktien umgewandelt werden und in drei gleichen Raten am 31.10.2025, 2026 und 2027 unverfallbar sind.

Das Formular 3 weist Herrn Sethuram als Insider gemäß Abschnitt 16 aus und begründet fortlaufende Meldepflichten für zukünftige Transaktionen. Es werden keine Derivate außer RSUs angegeben, und es gibt keine Hinweise auf weitere indirekte Eigentumsverhältnisse.

Investoren betrachten Formular 3 Einreichungen meist als routinemäßige Governance-Mitteilungen und nicht als Katalysatoren; sie bieten jedoch Transparenz bezüglich der Aktienausrichtung neuer Führungskräfte.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine insider registration; shows modest direct stake, neutral governance impact.

The Form 3 simply registers Mr. Sethuram, the newly disclosed CTO, as a Section 16 insider. His direct ownership—about 23.8k shares plus 2.2k RSUs—signals standard equity alignment expected for senior management. Vesting calendars are straightforward, with no performance conditions noted. The filing triggers ongoing Form 4 obligations but conveys no strategic shift, capital change, or compensation controversy. Overall governance impact is neutral and largely administrative.

TL;DR: Disclosed stake is small relative to float; unlikely to influence valuation.

From a market perspective, 26k potential shares (vested plus unvested) are immaterial to AGYS’s outstanding share count. There is no purchase transaction or option grant that would alter supply-demand dynamics. The absence of derivative hedging or complex pay structures limits dilution risk. Accordingly, the filing should not affect near-term trading or valuation models.

Agilysys, Inc. (AGYS) – Deposito Modulo SEC 3

Il deposito registra la possessione iniziale di titoli da parte del neo nominato dirigente Shivashankar Sethuram, Chief Technology Officer. Alla data dell'evento (22/05/2025), l'esecutivo detiene:

  • 23.805 azioni ordinarie detenute direttamente, inclusi 2.399 azioni vincolate basate sul tempo concesse nell'ambito del Piano di Incentivi Azionari 2024, che maturano in tranche il 30/06/2025, 31/10/2025 e 31/10/2026.
  • 2.169 unità di azioni vincolate (RSU) convertibili 1:1 in azioni ordinarie, con maturazione in tre rate uguali il 31/10/2025, 2026 e 2027.

Il Modulo 3 identifica il Sig. Sethuram come un insider ai sensi della Sezione 16, avviando obblighi di comunicazione continui per eventuali operazioni future. Non sono segnalati strumenti derivati oltre alle RSU, né indicazioni di ulteriori proprietà indirette.

Gli investitori generalmente considerano i depositi del Modulo 3 come comunicazioni di governance di routine piuttosto che come eventi scatenanti; tuttavia, offrono trasparenza sull’allineamento patrimoniale dei nuovi dirigenti.

Agilysys, Inc. (AGYS) – Presentación del Formulario SEC 3

La presentación registra la propiedad beneficiosa inicial del recientemente reportado ejecutivo Shivashankar Sethuram, Director de Tecnología. A la fecha del evento (22/05/2025), el ejecutivo posee:

  • 23,805 acciones ordinarias en propiedad directa, incluyendo 2,399 acciones restringidas basadas en tiempo otorgadas bajo el Plan de Incentivos de Capital 2024, que se consolidan en tramos el 30/06/2025, 31/10/2025 y 31/10/2026.
  • 2,169 unidades de acciones restringidas (RSU) que se convierten 1 a 1 en acciones ordinarias, con consolidación en tres cuotas iguales el 31/10/2025, 2026 y 2027.

El Formulario 3 establece al Sr. Sethuram como un insider según la Sección 16, iniciando obligaciones continuas de reporte para futuras transacciones. No se divulgan instrumentos derivados aparte de las RSU, ni se indica propiedad indirecta adicional.

Los inversores suelen considerar las presentaciones del Formulario 3 como divulgaciones rutinarias de gobernanza más que como eventos catalizadores; sin embargo, brindan transparencia sobre la alineación accionaria de los nuevos ejecutivos.

Agilysys, Inc. (AGYS) – SEC 양식 3 제출

이번 제출은 최근 보고된 임원 시바샨카르 세투람 최고기술책임자(CTO)최초 실질 소유권을 기록합니다. 사건 발생일(2025년 5월 22일) 기준, 해당 임원은 다음을 보유하고 있습니다:

  • 23,805주의 보통주를 직접 보유하고 있으며, 이 중 2,399주 시간 기반 제한 주식은 2024년 주식 인센티브 계획 하에 부여되어 2025년 6월 30일, 2025년 10월 31일, 2026년 10월 31일에 단계적으로 권리가 확정됩니다.
  • 2,169개의 제한주식단위(RSU)는 1대1 비율로 보통주로 전환되며, 2025년, 2026년, 2027년 10월 31일에 각각 3등분하여 권리가 확정됩니다.

양식 3은 세투람 씨를 섹션 16 내부자로 지정하며, 이후 모든 거래에 대해 지속적인 보고 의무가 시작됩니다. RSU 외에 다른 파생 상품은 공개되지 않았고, 추가 간접 소유권도 표시되지 않았습니다.

투자자들은 일반적으로 양식 3 제출을 촉매보다는 일상적인 거버넌스 공개로 간주하지만, 이는 신임 임원의 주식 정렬 상황을 투명하게 보여줍니다.

Agilysys, Inc. (AGYS) – Dépôt du formulaire SEC 3

Le dépôt enregistre la propriété bénéficiaire initiale du dirigeant récemment signalé Shivashankar Sethuram, Directeur Technique. À la date de l'événement (22/05/2025), le cadre détient :

  • 23 805 actions ordinaires détenues directement, dont 2 399 actions restreintes basées sur le temps attribuées dans le cadre du Plan d'Incitation en Actions 2024, qui deviennent acquises par tranches le 30/06/2025, 31/10/2025 et 31/10/2026.
  • 2 169 unités d'actions restreintes (RSU) convertibles à raison de 1 pour 1 en actions ordinaires, acquises en trois versements égaux les 31/10/2025, 2026 et 2027.

Le formulaire 3 établit M. Sethuram en tant qu'initié selon la Section 16, déclenchant des obligations de déclaration continues pour toute transaction future. Aucun instrument dérivé autre que les RSU n'est divulgué, et le dépôt n'indique pas de propriété indirecte supplémentaire.

Les investisseurs considèrent généralement les dépôts du formulaire 3 comme des divulgations de gouvernance de routine plutôt que comme des catalyseurs ; cependant, ils offrent une transparence sur l'alignement en actions des nouveaux dirigeants.

Agilysys, Inc. (AGYS) – SEC Formular 3 Einreichung

Die Einreichung dokumentiert das anfängliche wirtschaftliche Eigentum des kürzlich gemeldeten Führungskräfte Shivashankar Sethuram, Chief Technology Officer. Zum Ereignisdatum (22.05.2025) hält der Manager:

  • 23.805 Aktien des Stammkapitals direkt, einschließlich 2.399 zeitgebundener eingeschränkter Aktien, die im Rahmen des 2024 Equity Incentive Plans gewährt wurden und in Tranchen am 30.06.2025, 31.10.2025 und 31.10.2026 unverfallbar werden.
  • 2.169 Restricted Stock Units (RSUs), die 1:1 in Stammaktien umgewandelt werden und in drei gleichen Raten am 31.10.2025, 2026 und 2027 unverfallbar sind.

Das Formular 3 weist Herrn Sethuram als Insider gemäß Abschnitt 16 aus und begründet fortlaufende Meldepflichten für zukünftige Transaktionen. Es werden keine Derivate außer RSUs angegeben, und es gibt keine Hinweise auf weitere indirekte Eigentumsverhältnisse.

Investoren betrachten Formular 3 Einreichungen meist als routinemäßige Governance-Mitteilungen und nicht als Katalysatoren; sie bieten jedoch Transparenz bezüglich der Aktienausrichtung neuer Führungskräfte.

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).
X
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)
07/01/2025
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 07/01/2025 S(1) 3,125 D $65.93(2) 15,625(3)(4)(5) I Held by the John Coghlan Living Trust
Common Stock 3,344(3)(6) D
Common Stock 77,604(5) 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
Explanation of Responses:
1. The transaction reported on this Form 4 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 Company 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.
2. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $65.64 to $66.49, 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.
3. The Reporting Person transferred 1,742 directly held shares to the John Coghlan Living Trust, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
4. The Reporting Person transferred 64,834 shares indirectly held by The John Philip Coghlan 2024 Grantor Retained Annuity Trust to the John Coghlan Living Trust, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act.
5. The Reporting Person transferred 77,604 shares indirectly held by the John Coghlan Living Trust to The John Philip Coghlan 2025 Grantor Retained Annuity Trust for the benefit of the Reporting Person and his family, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act.
6. Includes 3,344 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
/s/ Jay Sood, as Attorney-in-Fact 07/03/2025
** 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

How many AGYS shares does CTO Shivashankar Sethuram currently own?

The Form 3 lists 23,805 common shares held directly, including 2,399 time-based restricted shares.

What additional equity could the AGYS CTO receive?

He holds 2,169 restricted stock units that will settle into common shares in equal thirds on 10/31/2025, 2026 and 2027.

Why was this Form 3 filed for AGYS?

Mr. Sethuram became a Section 16 officer (CTO), requiring an initial statement of beneficial ownership under SEC rules.

Does the filing indicate any AGYS share purchases or sales?

No. The Form 3 only reports existing ownership; it records neither open-market purchases nor dispositions.

Are there any performance conditions tied to the restricted equity?

The filing describes time-based vesting only; no performance hurdles are mentioned.
Life360 Inc

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Software - Application
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United States
SAN MATEO