Life360 CEO sells shares to cover RSU tax
Life360, Inc. Chief Executive Officer Lauren Antonoff sold 17,153 shares of common stock at $44.86 per share.
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Rhea-AI Filing Summary
Life360, Inc. Chief Executive Officer Lauren Antonoff sold 17,153 shares of common stock at $44.86 per share. According to the disclosure, this was a sell-to-cover transaction to satisfy tax withholding obligations from vesting RSUs, not a discretionary sale. After the sale, Antonoff directly held 288,232 shares and had 143,367 RSUs outstanding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,153 | $44.86 | $769K |
Footnotes (2)
- F1. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of previously reported restricted stock units ("RSUs"). The sale was to satisfy tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F2. Includes 143,367 RSUs previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Life360 (LIF) report for CEO Lauren Antonoff?
What RSU position does the Life360 (LIF) CEO have following this Form 4?
What is a sell-to-cover transaction in the Life360 (LIF) CEO filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.