[Form 4] Life360, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Life360, Inc. insider transaction by CFO John Burke: On 09/04/2025 the reporting person, John Burke (Chief Financial Officer), had 9,976 shares withheld at a price of $86.65 to satisfy income tax withholding in connection with the vesting and net settlement of previously granted restricted stock units. After this withholding, the filing shows Mr. Burke beneficially owns 101,255 shares directly and 63,030 shares indirectly (held by the Russell John Burke Revocable Trust). The form notes there are 91,732 restricted stock units previously granted that represent contingent rights to receive common stock upon vesting.
Positive
- Reporting person retains significant combined ownership: 101,255 shares directly and 63,030 shares indirectly, indicating continued alignment with shareholders
- Transaction is a tax withholding on RSU vesting, not an open-market sale, which reduces signals of active insider selling
Negative
- Reduction of direct shares: 9,976 shares were withheld, decreasing the reporting person's direct share count
- Outstanding contingent shares: 91,732 restricted stock units remain outstanding and may dilute future share count upon vesting
Insights
TL;DR: Routine tax withholding on RSU vesting; insider retains material ownership.
The reported disposal of 9,976 shares reflects shares withheld to satisfy tax obligations from RSU vesting, not an open-market cash sale. Such net settlement is common and typically neutral for market signal purposes, since it does not indicate active selling pressure. Material ownership remains: 101,255 shares directly and 63,030 indirectly, plus 91,732 previously granted RSUs. For investors, the key takeaway is continued alignment of the CFO with shareholder outcomes via significant retained holdings.
TL;DR: Disclosure shows standard tax-withholding mechanics and maintained insider stake, no governance red flags.
The Form 4 documents a withholding to satisfy tax remittance on net-settled RSUs, explicitly stating the transaction is not a sale by the reporting person. The filing identifies both direct and indirect holdings and quantifies outstanding RSUs (91,732), which supports transparency. No unusual transfer, derivative exercise, or delegation of voting rights is reported. Signature by an attorney-in-fact is noted and properly dated.