Life360 director reports tax withholding of shares
Life360, Inc. director Chris Hulls reported a routine tax-related share disposition.
Rhea-AI Filing Summary
Life360, Inc. director Chris Hulls reported a routine tax-related share disposition. On March 6, 2026, 5,248 shares of common stock were withheld by the company at $44.91 per share to satisfy income tax obligations tied to vesting restricted stock units, and were not sold in the open market. After this withholding, Hulls held 322,452 shares directly, a figure that includes common stock, shares underlying Chess Depositary Interests, and 108,371 unvested restricted stock units. The filing also shows indirect holdings of 195,312 shares each in three separate 2023 irrevocable trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,248 | $44.91 | $236K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units.
- F2. Includes common stock and the number of shares of common stock underlying Chess Depositary Interests ("CDIs") as converted on a 1:3 common stock to CDI ratio. The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.
- F3. Includes 108,371 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- F4. Represents shares of the Issuer's common stock underlying 585,938 CDIs.
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What did Life360 (LIF) director Chris Hulls report in this Form 4?
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