Life360 (LIF) awards director Brit Morin 4,636 RSUs vesting from 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life360, Inc. director Brit Morin received a grant of 4,636 Restricted Stock Units (RSUs), each representing a right to one share of common stock at no cash cost. One quarter of these RSUs will vest quarterly from May 15, 2026, assuming continued service. Following this award, Morin directly holds 30,630 shares and RSUs in total, which includes 5,345 RSUs that each convert into one share upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morin Brit
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 4,636 | $0.00 | -- |
Holdings After Transaction:
Common stock — 30,630 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 5,345 RSUs, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
Key Figures
RSUs granted: 4,636 RSUs
Grant price per share: $0.0000 per share
Holdings after transaction: 30,630 shares/RSUs
+2 more
5 metrics
RSUs granted
4,636 RSUs
Grant to director Brit Morin on May 29, 2026
Grant price per share
$0.0000 per share
Equity compensation, no cash paid for RSUs
Holdings after transaction
30,630 shares/RSUs
Total direct position following RSU grant
RSUs included in holdings
5,345 RSUs
RSUs counted within total direct holdings
Vesting start date
May 15, 2026
1/4 of RSUs vest quarterly from this date
Key Terms
Restricted Stock Units ("RSUs"), contingent right, vest, continuous service
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock..."
vest financial
"1/4th of the RSUs will vest quarterly from May 15, 2026, subject to the Reporting Person's continuous service..."
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.
continuous service financial
"subject to the Reporting Person's continuous service through each vest date."
FAQ
What insider transaction did Life360 (LIF) director Brit Morin report?
Brit Morin reported receiving 4,636 Restricted Stock Units (RSUs) of Life360 common stock as a grant. These RSUs are equity compensation, not an open-market purchase, and each unit represents a contingent right to one share upon settlement according to the vesting terms.
How do Brit Morin’s new RSUs in Life360 (LIF) vest?
The 4,636 RSUs granted to Brit Morin vest in four equal quarterly installments starting May 15, 2026. Vesting is contingent on Morin’s continuous service with Life360 through each vesting date, aligning the award with ongoing board participation and company performance.
Did Brit Morin pay cash for the Life360 (LIF) RSU grant?
No cash was paid for the RSU grant; the transaction price per share was reported as 0.0000. RSUs are typically granted as part of equity compensation, delivering shares over time as they vest rather than requiring an upfront purchase in the open market.
What are Restricted Stock Units (RSUs) in the context of Life360 (LIF)?
Restricted Stock Units are promises to deliver common shares in the future if conditions are met. For Life360, each RSU granted to Brit Morin converts into one share upon vesting, with vesting scheduled quarterly from May 15, 2026, subject to continued service requirements.