Life360 director exercises options and sells shares
Life360, Inc. director Brit Morin reported an option exercise-and-sale sequence on August 10, 2026.
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Rhea-AI Filing Summary
Life360, Inc. director Brit Morin reported an option exercise-and-sale sequence on August 10, 2026. She exercised stock options for a total of 9,765 shares of common stock at exercise prices of $2.15 and $8.19 per share, then sold 15,582 shares of common stock at $65.00 per share. A footnote states these transactions were made under a Rule 10b5-1 trading plan adopted on March 13, 2026, and that the reporting person’s holdings include 4,636 restricted stock units representing contingent rights to receive common shares upon vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F3 | 8,021 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) F1, F3 | 1,744 | $0.00 | $0.00 |
| Exercise | Common stock F1, F2 | 8,021 | $2.15 | $17K |
| Exercise | Common stock F1, F2 | 1,744 | $8.19 | $14K |
| Sale | Common stock F1, F2 | 15,582 | $65.00 | $1.01M |
Footnotes (3)
- F1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026. The Rule 10b5-1 trading plan is a written, pre-established trading plan that provides for the automatic sale of Company stock pursuant to predetermined criteria. The Reporting Person adopted the plan at a time when they were not aware of any material nonpublic information about the Company.
- F2. Includes 4,636 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- F3. The stock option is fully vested and exercisable.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Stock Option (right to buy financial
restricted stock units financial
Exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Life360 (LIF) director Brit Morin report in this Form 4?
What options did Brit Morin exercise in Life360 (LIF) on August 10, 2026?
Was Brit Morin’s Life360 (LIF) stock sale under a Rule 10b5-1 plan?
Does the Form 4 mention restricted stock units for Life360 (LIF)?
AI-generated analysis. How Rhea-AI works. Not financial advice.