Life360 (LIF) director receives 4,816 RSUs vesting from May 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life360, Inc. director David Wiadrowski received a grant of 4,816 Restricted Stock Units (RSUs) of common stock at no cash cost. Each RSU represents the right to receive one share upon settlement.
One quarter of the RSUs will vest quarterly starting on May 15, 2026, subject to his continuous service through each vesting date. Following this award, he holds 44,495 shares of common stock in total, which includes 5,554 RSUs and common stock underlying Chess Depositary Interests (CDIs) converted using a 1:3 common stock-to-CDI ratio.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wiadrowski David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,816 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 44,495 shares (Direct, null)
Footnotes (1)
- Represents the grant of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 1/4th of the RSUs will vest quarterly from May 15, 2026, subject to the Reporting Person's continuous service through each vest date. Includes 5,554 RSUs, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting. Includes common stock and the number of common stock underlying Chess Depositary Interests ("CDIs") as converted on a 1:3 common stock to CDI ratio. The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.
Key Figures
RSUs granted: 4,816 RSUs
Shares after transaction: 44,495 shares
Included RSUs in holdings: 5,554 RSUs
+2 more
5 metrics
RSUs granted
4,816 RSUs
Grant of Restricted Stock Units to director on May 29, 2026
Shares after transaction
44,495 shares
Total common stock holdings following the RSU grant
Included RSUs in holdings
5,554 RSUs
RSUs included within the reported post-transaction holdings
Vesting start date
May 15, 2026
1/4 of RSUs vest quarterly from this date
CDI conversion ratio
1:3
Common stock to Chess Depositary Interests conversion ratio for reporting
Key Terms
Restricted Stock Units ("RSUs"), Chess Depositary Interests ("CDIs"), continuous service, contingent right
4 terms
Restricted Stock Units ("RSUs") financial
"Represents the grant of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Chess Depositary Interests ("CDIs") financial
"Includes common stock and the number of common stock underlying Chess Depositary Interests ("CDIs") as converted"
continuous service financial
"will vest quarterly from May 15, 2026, subject to the Reporting Person's continuous service through each vest date"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
FAQ
What insider transaction did Life360 (LIF) report for David Wiadrowski?
Life360 reported that director David Wiadrowski received a grant of 4,816 Restricted Stock Units. These RSUs are a form of equity compensation that convert into common shares over time, aligning his interests with shareholders through continued service-based vesting.
How many RSUs were granted to the Life360 director in this Form 4?
The Form 4 shows a grant of 4,816 Restricted Stock Units to director David Wiadrowski. Each RSU represents a contingent right to receive one share of Life360 common stock upon settlement, rather than an immediate cash payment or open-market share purchase.
What is the vesting schedule for David Wiadrowski’s Life360 RSU grant?
One quarter of the 4,816 RSUs will vest quarterly beginning May 15, 2026. Vesting continues so long as he provides continuous service through each vesting date, meaning the award is earned gradually rather than all at once on the grant date.
What are Chess Depositary Interests (CDIs) mentioned in the Life360 filing?
Chess Depositary Interests are instruments traded on the Australian Securities Exchange that represent underlying Life360 common stock. For reporting, the filing converts CDIs to common stock using a 1:3 common stock-to-CDI ratio, with CDIs held by CHESS Depositary Nominees Pty Limited.
Does this Life360 Form 4 indicate a stock purchase or sale by the director?
The Form 4 reports an equity grant, not an open-market stock purchase or sale. David Wiadrowski acquired 4,816 RSUs as compensation, with no cash price per share, and the units convert into common stock only as they vest over time.