[Form 4] Life360, Inc. Insider Trading Activity
Mark Goines, a director of Life360, Inc. (LIF), sold 20,000 shares of the company's common stock on 08/22/2025 at a weighted average price of $86.87 per share (sales ranged $86.87–$86.93). After the sale and related transfers, the reporting person beneficially owns 71,809 shares, held indirectly through the Goines Wong Living Trust. The filing discloses that 55,537 directly held shares were transferred to that trust in a transaction exempt under Rule 16a-13, and that 2,866 restricted stock units remain contingent rights to receive shares upon vesting.
Mark Goines, membro del consiglio di Life360, Inc. (LIF), ha venduto 20.000 azioni ordinarie della società il 22/08/2025 a un prezzo medio ponderato di 86,87 USD per azione (le vendite sono avvenute nella fascia 86,87–86,93 USD). Dopo la vendita e i trasferimenti correlati, la persona che presenta la comunicazione possiede beneficiariamente 71.809 azioni, detenute indirettamente tramite il Goines Wong Living Trust. La comunicazione indica che 55.537 azioni detenute direttamente sono state trasferite a quel trust in un’operazione esente ai sensi della Regola 16a-13 e che 2.866 unità di azioni vincolate rimangono diritti condizionati a ricevere azioni al momento del loro maturare.
Mark Goines, director de Life360, Inc. (LIF), vendió 20.000 acciones ordinarias de la compañía el 22/08/2025 a un precio promedio ponderado de 86,87 USD por acción (las ventas oscilaron entre 86,87 y 86,93 USD). Tras la venta y las transferencias relacionadas, la persona que presenta el informe posee beneficiariamente 71.809 acciones, mantenidas indirectamente a través del Goines Wong Living Trust. El informe revela que 55.537 acciones mantenidas directamente fueron transferidas a dicho trust en una operación exenta conforme a la Regla 16a-13, y que 2.866 unidades de acciones restringidas siguen siendo derechos contingentes a recibir acciones al vestirse.
마크 고인스(Mark Goines) Life360, Inc.(LIF) 이사는 2025년 8월 22일 회사 보통주 20,000주를 주당 가중평균 86.87달러(거래 범위: 86.87–86.93달러)에 매도했습니다. 해당 매도 및 관련 이전 이후, 보고인은 Goines Wong Living Trust를 통해 간접적으로 총 71,809주를 실질적으로 보유하고 있습니다. 제출서류에는 직접 보유하던 55,537주가 규정 16a-13에 따른 면제 거래로 그 트러스트로 이전되었으며, 2,866개의 제한주 단위는 향후 베스팅 시 주식을 받게 되는 조건부 권리로 남아 있다고 명시되어 있습니다.
Mark Goines, administrateur de Life360, Inc. (LIF), a vendu 20 000 actions ordinaires de la société le 22/08/2025 à un prix moyen pondéré de 86,87 $ par action (ventes comprises entre 86,87 et 86,93 $). Après la vente et les transferts liés, la personne déclarante détient bénéficiairement 71 809 actions, détenues indirectement via le Goines Wong Living Trust. le dépôt indique que 55 537 actions détenues directement ont été transférées à ce trust dans le cadre d’une opération exonérée au titre de la règle 16a-13, et que 2 866 unités d’actions restreintes restent des droits conditionnels à recevoir des actions lors de leur acquisition (vesting).
Mark Goines, Direktor von Life360, Inc. (LIF), verkaufte am 22.08.2025 20.000 Stammaktien des Unternehmens zu einem gewichteten Durchschnittspreis von 86,87 USD je Aktie (Verkäufe lagen zwischen 86,87 und 86,93 USD). Nach dem Verkauf und den damit verbundenen Übertragungen hält die meldende Person wirtschaftlich 71.809 Aktien, die indirekt über den Goines Wong Living Trust gehalten werden. Die Meldung offenbart, dass 55.537 direkt gehaltene Aktien im Rahmen einer gemäß Regel 16a-13 befreiten Transaktion an diesen Trust übertragen wurden und dass 2.866 Restricted Stock Units weiterhin bedingte Rechte auf Erhalt von Aktien bei Vesting darstellen.
- Disclosure completeness: The Form 4 provides detailed information on the sale, price range, trust transfer, and restricted stock units.
- Trust transfer exemption: 55,537 shares were transferred to the Goines Wong Living Trust and reported as exempt under Rule 16a-13.
- Insider disposition: The reporting person sold 20,000 shares, reducing directly held shares.
- Potential future dilution: 2,866 restricted stock units remain outstanding and may convert to common stock upon vesting.
Insights
TL;DR: Insider sale of 20,000 shares and a transfer to a family trust; net beneficial ownership now 71,809 shares.
The reported sale of 20,000 shares at a weighted average price of $86.87, with transaction prices ranging up to $86.93, is a routine Section 16 disclosure of an insider disposition. The simultaneous transfer of 55,537 shares into the Goines Wong Living Trust was treated as exempt under Rule 16a-13, meaning it did not trigger additional Section 16 reporting consequences beyond disclosure. The filing also notes 2,866 restricted stock units that remain contingent on vesting, which could convert to common shares in the future and affect dilution. Overall, this report documents liquidity taken by an insider and a relocation of direct holdings into a trust, with no new derivative activity disclosed.
TL;DR: Director moved shares into a trust and sold a portion; disclosure aligns with Rule 16 reporting requirements.
The transfer of a substantial block of 55,537 shares into the Goines Wong Living Trust and the sale of 20,000 shares are properly disclosed, including the use of Rule 16a-13 for the trust transfer exemption. The statement clarifies ownership form as indirect for trust-held shares and highlights outstanding restricted stock units (2,866) as contingent equity. From a governance perspective, these actions appear administrative and personal rather than corporate transactions; the filing contains the requisite details for investor transparency but does not indicate corporate policy changes or material governance events.
Mark Goines, membro del consiglio di Life360, Inc. (LIF), ha venduto 20.000 azioni ordinarie della società il 22/08/2025 a un prezzo medio ponderato di 86,87 USD per azione (le vendite sono avvenute nella fascia 86,87–86,93 USD). Dopo la vendita e i trasferimenti correlati, la persona che presenta la comunicazione possiede beneficiariamente 71.809 azioni, detenute indirettamente tramite il Goines Wong Living Trust. La comunicazione indica che 55.537 azioni detenute direttamente sono state trasferite a quel trust in un’operazione esente ai sensi della Regola 16a-13 e che 2.866 unità di azioni vincolate rimangono diritti condizionati a ricevere azioni al momento del loro maturare.
Mark Goines, director de Life360, Inc. (LIF), vendió 20.000 acciones ordinarias de la compañía el 22/08/2025 a un precio promedio ponderado de 86,87 USD por acción (las ventas oscilaron entre 86,87 y 86,93 USD). Tras la venta y las transferencias relacionadas, la persona que presenta el informe posee beneficiariamente 71.809 acciones, mantenidas indirectamente a través del Goines Wong Living Trust. El informe revela que 55.537 acciones mantenidas directamente fueron transferidas a dicho trust en una operación exenta conforme a la Regla 16a-13, y que 2.866 unidades de acciones restringidas siguen siendo derechos contingentes a recibir acciones al vestirse.
마크 고인스(Mark Goines) Life360, Inc.(LIF) 이사는 2025년 8월 22일 회사 보통주 20,000주를 주당 가중평균 86.87달러(거래 범위: 86.87–86.93달러)에 매도했습니다. 해당 매도 및 관련 이전 이후, 보고인은 Goines Wong Living Trust를 통해 간접적으로 총 71,809주를 실질적으로 보유하고 있습니다. 제출서류에는 직접 보유하던 55,537주가 규정 16a-13에 따른 면제 거래로 그 트러스트로 이전되었으며, 2,866개의 제한주 단위는 향후 베스팅 시 주식을 받게 되는 조건부 권리로 남아 있다고 명시되어 있습니다.
Mark Goines, administrateur de Life360, Inc. (LIF), a vendu 20 000 actions ordinaires de la société le 22/08/2025 à un prix moyen pondéré de 86,87 $ par action (ventes comprises entre 86,87 et 86,93 $). Après la vente et les transferts liés, la personne déclarante détient bénéficiairement 71 809 actions, détenues indirectement via le Goines Wong Living Trust. le dépôt indique que 55 537 actions détenues directement ont été transférées à ce trust dans le cadre d’une opération exonérée au titre de la règle 16a-13, et que 2 866 unités d’actions restreintes restent des droits conditionnels à recevoir des actions lors de leur acquisition (vesting).
Mark Goines, Direktor von Life360, Inc. (LIF), verkaufte am 22.08.2025 20.000 Stammaktien des Unternehmens zu einem gewichteten Durchschnittspreis von 86,87 USD je Aktie (Verkäufe lagen zwischen 86,87 und 86,93 USD). Nach dem Verkauf und den damit verbundenen Übertragungen hält die meldende Person wirtschaftlich 71.809 Aktien, die indirekt über den Goines Wong Living Trust gehalten werden. Die Meldung offenbart, dass 55.537 direkt gehaltene Aktien im Rahmen einer gemäß Regel 16a-13 befreiten Transaktion an diesen Trust übertragen wurden und dass 2.866 Restricted Stock Units weiterhin bedingte Rechte auf Erhalt von Aktien bei Vesting darstellen.