Life360 CEO sells shares to cover RSU tax
Life360, Inc. Chief Executive Officer Lauren Antonoff reported a small tax-related share sale.
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Rhea-AI Filing Summary
Life360, Inc. Chief Executive Officer Lauren Antonoff reported a small tax-related share sale. On this Form 4, she sold 2,716 shares of common stock at $45.231 per share in an open-market transaction.
According to the footnotes, this sale was made solely to cover tax withholding obligations triggered by the vesting and settlement of previously reported restricted stock units through a “sell-to-cover” arrangement, and is described as non-discretionary. Following the sale, she directly holds 309,781 shares of common stock, and the total includes 161,566 RSUs previously granted that each represent a contingent right to receive one share upon vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,716 | $45.231 | $123K |
Footnotes (2)
- F1. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of previously reported restricted stock units ("RSUs"). The sale was to satisfy tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F2. Includes 161,566 RSUs previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
sell-to-cover financial
tax withholding obligations financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Life360 (LIF) CEO Lauren Antonoff report in this Form 4?
Why did the Life360 (LIF) CEO’s Form 4 sale occur?
What RSU holdings are disclosed for the Life360 (LIF) CEO in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.