Life360 (LIF) CFO discloses 9,978-share tax withholding from RSU vesting
Rhea-AI Filing Summary
Life360, Inc.'s Chief Financial Officer reported a tax-related share withholding. On 12/04/2025, the issuer withheld 9,978 shares of common stock at $75.02 per share to satisfy income tax withholding and remittance obligations arising from the vesting and net settlement of previously granted restricted stock units, rather than an open-market sale.
After this transaction, the officer beneficially owned 88,254 shares of Life360 common stock directly and 72,553 shares indirectly through the Russell John Burke Revocable Trust. These holdings also include 72,230 restricted stock units previously granted, each representing a contingent right to receive one share of common stock upon vesting.
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FAQ
What insider transaction did Life360 (LIF) report for its Chief Financial Officer?
The Chief Financial Officer of Life360, Inc. reported an F-code transaction dated 12/04/2025 in which the issuer withheld 9,978 shares of common stock at $75.02 per share. This was done to satisfy income tax withholding and remittance obligations related to the vesting and net settlement of previously granted restricted stock units, and was not an open-market sale.
Did the Life360 (LIF) CFO sell shares in the open market?
No. The filing explains that the reported transaction is not a sale of shares by the reporting person. Instead, the shares were withheld by the issuer to cover tax obligations in connection with vested restricted stock units.
How many Life360 shares does the CFO beneficially own after this transaction?
Following the reported transaction, the Chief Financial Officer beneficially owned 88,254 shares of Life360 common stock directly and 72,553 shares indirectly through the Russell John Burke Revocable Trust, as stated in the ownership table.
What restricted stock unit (RSU) holdings are disclosed for the Life360 (LIF) CFO?
The filing notes that the beneficial ownership figures include 72,230 restricted stock units previously granted to the reporting person. Each RSU represents a contingent right to receive one share of Life360's common stock upon vesting.
What does transaction code F mean in the Life360 CFO's filing?
The transaction is labeled with code F, and the explanation states that it represents shares withheld by the issuer to satisfy income tax withholding and remittance obligations upon vesting and net settlement of restricted stock units, rather than a discretionary sale into the market.
How is indirect ownership by the Life360 CFO structured?
The ownership table shows that 72,553 shares of Life360 common stock are held indirectly by the reporting person through the Russell John Burke Revocable Trust, in addition to the shares held directly.