Life360 director sells 4,000 shares via 10b5-1 plan
Life360, Inc. director John Philip Coghlan reported indirect open-market sales of 4,000 shares of common stock on May 1, 2026.
Rhea-AI Filing Summary
Life360, Inc. director John Philip Coghlan reported indirect open-market sales of 4,000 shares of common stock on May 1, 2026. The shares, held by the John Coghlan Living Trust, were sold in two transactions at weighted average prices of $44.12 and $44.67 per share. These sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025. Following the transactions, the trust held 32,431 shares, a separate 2025 Grantor Retained Annuity Trust held 55,494 shares, and Coghlan also reported 836 restricted stock units, each representing one future share upon vesting.
Positive
- None.
Negative
- None.
Insights
Routine pre-planned sale of 4,000 Life360 shares via trust.
Director John Philip Coghlan reported selling 4,000 shares of Life360 common stock on May 1, 2026 through the John Coghlan Living Trust. The weighted average sale prices were $44.12 and $44.67 per share in open-market transactions.
The filing notes the sales occurred under a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025, meaning the trades followed a predetermined formula rather than discretionary timing. After these transactions, the Living Trust held 32,431 shares, and a separate 2025 Grantor Retained Annuity Trust held 55,494 shares.
Coghlan also reported 836 restricted stock units, each convertible into one share upon vesting, indicating continued equity-based exposure. Given the modest 4,000-share net sale relative to the visible indirect holdings, this filing reads as a routine liquidity event under an established plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 3,736 | $44.12 | $165K |
| Sale | Common stock | 264 | $44.67 | $12K |
| holding | Common stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2025. The Rule 10b5-1 trading plan is a pre-arranged written trading plan pursuant to which shares of the Issuer's common stock are sold automatically based on a predetermined formula that was established by the Reporting Person at a time when the Reporting Person was not aware of any material nonpublic information about the Company.
- F2. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $43.59 to $44.56, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full details regarding the number of shares sold at each separate price within the range.
- F3. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $44.59 to $44.70, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full details regarding the number of shares sold at each separate price within the range.
- F4. Represents 836 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Grantor Retained Annuity Trust financial
restricted stock units financial
weighted average price financial
open-market sale financial
FAQ
What additional Life360 (LIF) holdings linked to John Philip Coghlan are shown in this Form 4?
What do the 836 restricted stock units in the Life360 (LIF) Form 4 represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.