Life360 (LIF) grants RSUs to director Prober for committee role
Rhea-AI Filing Summary
Prober Charles J. reported acquisition or exercise transactions in this Form 4 filing.
Life360, Inc. reported that director Charles J. Prober received a grant of 19 Restricted Stock Units (RSUs) effective August 1, 2026, in connection with his appointment to the Corporate Governance and Nominating Committee. The award represents a pro rata portion of the standard annual committee retainer grant. The RSUs vest in three equal installments on November 15, 2026, February 25, 2027, and May 15, 2027, subject to continuous service, and bring his direct holdings to 109,930 shares, including 4,474 previously granted RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 19 shares
Net Buy
1 txn
Insider
Prober Charles J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock F1, F2 | 19 | $0.00 | $0.00 |
Holdings After Transaction:
Common stock — 109,930 shares (Direct)
Footnotes (2)
- F1. Represents a grant of Restricted Stock Units ("RSUs") in connection with Mr. Prober's appointment to the Corporate Governance and Nominating Committee effective August 1, 2026. The number of shares reflects a pro rata portion of the standard annual committee retainer grant. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. One-third (1/3) of the RSUs will vest on each of November 15, 2026, February 25, 2027, and May 15, 2027, subject to Mr. Prober's continuous service through each vest date.
- F2. Includes 4,474 RSUs previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
Key Figures
RSUs granted: 19 RSUs
Holdings after grant: 109,930 shares
Previously granted RSUs: 4,474 RSUs
3 metrics
RSUs granted
19 RSUs
Restricted Stock Units granted to Charles J. Prober effective August 1, 2026
Holdings after grant
109,930 shares
Total direct common stock and RSUs held by Charles J. Prober following the reported transaction
Previously granted RSUs
4,474 RSUs
RSUs already granted to Prober that are included in his reported holdings
Key Terms
Restricted Stock Units ("RSUs"), contingent right, Corporate Governance and Nominating Committee, vest
4 terms
Restricted Stock Units ("RSUs") financial
"Represents a grant of Restricted Stock Units ("RSUs") in connection with Mr. Prober's appointment"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
Corporate Governance and Nominating Committee financial
"in connection with Mr. Prober's appointment to the Corporate Governance and Nominating Committee"
A corporate governance and nominating committee is a group of independent board members who set rules for how a company is run and choose or vet candidates for the board and senior leadership. Think of them as the company’s rulebook authors and hiring panel for its top oversight team; their choices and policies influence management accountability, risk oversight and investor confidence, so investors watch them for signs of strong leadership and transparency.
vest financial
"One-third (1/3) of the RSUs will vest on each of November 15, 2026, February 25, 2027, and May 15, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Life360 (LIF) report for Charles Prober?
Life360 reported that director Charles J. Prober received a grant of 19 Restricted Stock Units (RSUs) effective August 1, 2026. The grant is tied to his appointment to the Corporate Governance and Nominating Committee and is a pro rata portion of the standard annual committee retainer grant.
How many RSUs did Charles Prober receive from Life360 (LIF)?
Charles Prober received 19 RSUs from Life360. Each RSU represents a contingent right to receive one share of Life360’s common stock upon settlement, making this an equity-based compensation award rather than an open-market stock purchase.
What is Charles Prober’s total Life360 (LIF) holding after this RSU grant?
After the grant, Charles Prober directly holds 109,930 shares of Life360 common stock. This total includes 4,474 previously granted RSUs, each of which represents a contingent right to receive one share upon vesting, as disclosed in the footnotes.
When do the newly granted Life360 (LIF) RSUs to Charles Prober vest?
The 19 RSUs granted to Charles Prober vest in three equal installments: one-third on November 15, 2026, one-third on February 25, 2027, and one-third on May 15, 2027. Vesting is subject to his continuous service through each vesting date.
Why did Life360 (LIF) grant RSUs to Charles Prober?
The RSU grant was made in connection with Charles Prober’s appointment to Life360’s Corporate Governance and Nominating Committee, effective August 1, 2026. The 19 RSUs reflect a pro rata portion of the company’s standard annual retainer grant for committee service.
What do Life360 (LIF) RSUs represent for Charles Prober?
Each RSU granted to Charles Prober represents a contingent right to receive one share of Life360 common stock upon settlement or vesting. This structure ties part of his compensation to the company’s equity while vesting over time based on continued board and committee service.