[Form 4] Life360, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Life360, Inc. (LIF) Form 4: This filing reports insider transactions by John Burke Russell, identified as the companys Chief Financial Officer. On 08/26/2025 the reporting person sold 16,287 shares of common stock at a weighted-average price of $90.42 per share (individual trade prices ranged from $90.07 to $90.72). After the sale, the filing shows 63,030 shares beneficially owned indirectly, held by the Russell John Burke Revocable Trust. The filing also notes a prior transfer of 79,317 directly held shares to that trust, which the filer states was exempt from Section 16 under Rule 16a-13. Additionally, 111,231 restricted stock units remain recorded as contingent rights to receive common stock upon vesting. The form is signed by Allison Chang, Attorney-in-Fact, dated 08/28/2025.
Positive
- Timely disclosure of insider sale and transfers via Form 4
- Detailed pricing provided (weighted-average $90.42 and price range $90.07–$90.72)
- Clear RSU disclosure showing 111,231 contingent units outstanding
Negative
- Insider sale of 16,287 shares by the CFO (reduces direct holdings)
- Direct-to-trust transfer of 79,317 shares reduces directly held shares
Insights
TL;DR: CFO sold a modest holding, transferred direct shares into a revocable trust, and holds significant unvested RSUs.
The sale of 16,287 shares at a weighted-average price of $90.42 is explicitly reported and the filing documents a prior transfer of 79,317 directly held shares into a revocable trust under Rule 16a-13 exemption. Post-transaction indirect beneficial ownership is 63,030 shares and 111,231 RSUs remain outstanding as contingent rights. These are standard Section 16 disclosures; the filing provides granular price range details and an undertaking to provide trade-level breakouts if requested.
TL;DR: Transaction is routine insider disclosure showing sale and trust transfer; no regulatory noncompliance disclosed.
The Form 4 documents both a sale and an indirect ownership structure via a revocable trust, with the filer asserting the trust transfer was exempt under Rule 16a-13. The filing is signed by an attorney-in-fact and includes the explanatory note about weighted-average pricing and RSU counts. The report contains no statements of litigation, policy breaches, or omitted material facts within the filing text.