STOCK TITAN

Life360 (LIF) director sells 10,701 shares after option exercises

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Life360, Inc. director Morin Brit reported multiple transactions on August 4, 2026. Brit exercised fully vested stock options covering 4,011 shares at $2.15 and 872 shares at $8.19, receiving the same number of common shares. On the same date, Brit sold 10,701 common shares at $60.00 per share pursuant to a pre-established Rule 10b5-1 trading plan adopted on March 13, 2026. Brit’s reported holdings also include 4,636 restricted stock units, each representing a contingent right to one common share upon vesting.

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Insights

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Insider Morin Brit
Role Director
Sold 10,701 shs ($642K)
Approx. gross sale proceeds $642K
Approx. exercise cost $16K
Type Security Shares Price Value
Exercise Stock Option (right to buy) F1, F3 4,011 $0.00 $0.00
Exercise Stock Option (right to buy) F1, F3 872 $0.00 $0.00
Exercise Common stock F1, F2 4,011 $2.15 $9K
Exercise Common stock F1, F2 872 $8.19 $7K
Sale Common stock F1, F2 10,701 $60.00 $642K
Holdings After Transaction: Stock Option (right to buy) — 84,041 shares (Direct); Common stock — 20,157 shares (Direct)
Footnotes (3)
  1. F1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026. 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.
  2. F2. Includes 4,636 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
  3. F3. The stock option is fully vested and exercisable.
Shares sold 10,701 shares Common stock sale on August 4, 2026 at $60.00 per share
Sale price $60.00 per share Price for 10,701 Life360 common shares sold on August 4, 2026
Options exercised (first grant) 4,011 shares Underlying common shares from stock options exercised at $2.15 on August 4, 2026
Options exercised (second grant) 872 shares Underlying common shares from stock options exercised at $8.19 on August 4, 2026
Exercise price (first grant) $2.15 per share Conversion or exercise price for 4,011 option shares
Exercise price (second grant) $8.19 per share Conversion or exercise price for 872 option shares
Restricted stock units 4,636 units RSUs representing contingent rights to Life360 common shares upon vesting
Rule 10b5-1 trading plan regulatory
"The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Includes 4,636 restricted stock units, each of which represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
fully vested and exercisable financial
"The stock option is fully vested and exercisable."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transactions did Life360 (LIF) director Morin Brit report on August 4, 2026?

Morin Brit reported exercising stock options for 4,011 and 872 Life360 shares and selling 10,701 common shares on August 4, 2026, with all trades executed under a pre-established Rule 10b5-1 trading plan.

How many Life360 (LIF) shares did Morin Brit sell and at what price?

Morin Brit sold 10,701 shares of Life360 common stock at $60.00 per share. The sale occurred on August 4, 2026, and was carried out pursuant to a Rule 10b5-1 trading plan adopted earlier in the year.

What stock options did Morin Brit exercise in this Life360 (LIF) Form 4 filing?

Brit exercised fully vested stock options for 4,011 shares at $2.15 and 872 shares at $8.19 per share. These option exercises resulted in the acquisition of an equal number of Life360 common shares on August 4, 2026.

Was Morin Brit’s sale of Life360 (LIF) shares under a Rule 10b5-1 trading plan?

Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted on March 13, 2026, a pre-established plan that provides for automatic stock sales based on predetermined criteria.

What restricted stock units does Morin Brit hold in Life360 (LIF) according to the Form 4?

Brit’s reported holdings include 4,636 restricted stock units (RSUs), each representing a contingent right to receive one share of Life360 common stock upon vesting, as disclosed in the filing’s footnotes.

What roles does Morin Brit hold at Life360 (LIF) in this insider report?

In this report, Morin Brit is identified as a director of Life360, Inc. The transactions involve Brit’s directly held options, common stock, and restricted stock units, as described in the Form 4.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Morin Brit

(Last)(First)(Middle)
C/O LIFE360, INC.
1900 SOUTH NORFOLK STREET, SUITE 310

(Street)
SAN MATEO CALIFORNIA 94403

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Life360, Inc. [ LIF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common stock08/04/2026M(1)4,011A$2.1529,986(2)D
Common stock08/04/2026M(1)872A$8.1930,858(2)D
Common stock08/04/2026S(1)10,701D$6020,157(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$2.1508/04/2026M(1)4,011 (3)01/24/2028Common stock4,011$076,194D
Stock Option (right to buy)$8.1908/04/2026M(1)872 (3)05/20/2028Common stock872$07,847D
Explanation of Responses:
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 13, 2026. 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.
2. Includes 4,636 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
3. The stock option is fully vested and exercisable.
Remarks:
/s/ Jay Sood, as Attorney-in-Fact08/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)