Life360 (LIF) director reports option exercise and share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life360, Inc. director reported an insider transaction involving stock options and common shares. On 12/15/2025, the director exercised a stock option to acquire 7,930 shares of common stock at $11.18 per share, then sold 7,930 shares of common stock at $68.3 per share under transaction codes M and S.
After these transactions, the director beneficially owned 105,456 shares of common stock, including 1,357 restricted stock units that each convert into one share upon vesting, and held 87,230 stock options at an exercise price of $11.18 per share. The filing states the trades were made under a pre-established Rule 10b5-1 trading plan adopted on March 14, 2025, and also corrects previously misreported vesting terms for the stock option.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,930 shares ($541,619)
Net Sell
3 txns
Insider
Prober Charles J.
Role
Director
Sold
7,930 shs ($542K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 7,930 | $0.00 | -- |
| Exercise | Common stock | 7,930 | $11.18 | $89K |
| Sale | Common stock | 7,930 | $68.30 | $542K |
Holdings After Transaction:
Stock Option (right to buy) — 87,230 shares (Direct);
Common stock — 113,386 shares (Direct)
Footnotes (1)
- The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025. 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. Includes 1,357 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting. The stock option vests and becomes exercisable as to 1/2 of the total number of shares on April 1, 2024 and thereafter vests and becomes exercisable as to 1/24th of the total number of shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
FAQ
What insider transaction did Life360 (LIF) report in this Form 4?
A director exercised a stock option to acquire 7,930 shares of Life360 common stock at $11.18 per share and sold 7,930 shares at $68.3 per share on 12/15/2025.
What stock options does the Life360 (LIF) director still hold?
The director holds 87,230 stock options with an exercise price of $11.18 per share, each option relating to Life360 common stock.
Was the Life360 (LIF) insider trade made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2025.
What does the filing say about the vesting of the Life360 (LIF) stock option?
The option vests as to 1/2 of the shares on April 1, 2024, then as to 1/24th of the total shares in equal monthly installments until fully vested, subject to continued service.
Did Life360 (LIF) correct any prior reporting errors in this insider filing?
Yes. The filing notes that vesting terms for the stock option were previously misreported on earlier forms and have been corrected in this report.