Life360 (NASDAQ: LIF) director sells shares after 10b5-1 option exercise

Rhea-AI Filing Summary

Life360, Inc. director Charles J. Prober reported an option exercise and share sale in the company’s stock. On January 13, 2026, he exercised a stock option for 7,930 shares of common stock at an exercise price of $11.18 per share, then sold the same 7,930 shares at a price of $61.98 per share. After these transactions, he directly owned 105,456 shares of common stock, which includes 1,357 restricted stock units that can convert into shares upon vesting, and held 79,300 stock options outstanding.

The filing notes that the transaction was carried out under a Rule 10b5‑1 trading plan adopted on March 14, 2025. This plan is a pre-arranged, automatic trading program that was put in place when the director stated they were not aware of any material nonpublic information about Life360.

SEC Form 4

FORM 4

UNITED 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

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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^*

Prober Charles J.

(Last) (First) (Middle)

C/O LIFE360, INC.

1900 SOUTH NORFOLK STREET, SUITE 310

(Street)

SAN MATEO CA 94403

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Life360, Inc. [ LIF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common stock	01/13/2026		M(1)		7,930	A	$11.18	113,386(2)	D
Common stock	01/13/2026		S(1)		7,930	D	$61.98	105,456(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$11.18	01/13/2026		M			7,930	(3)	04/12/2028	Common stock	7,930	$0	79,300	D

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 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.

2. 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.

3. 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 remaining 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.

Remarks:

	/s/ Jay Sood, Attorney-in-Fact	01/15/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Life360 (LIF) director Charles J. Prober report?

Charles J. Prober reported exercising a stock option for 7,930 shares of Life360 common stock at $11.18 per share and selling 7,930 shares of common stock at $61.98 per share on January 13, 2026.

How many Life360 (LIF) shares does the director own after the reported Form 4 transaction?

After the transactions, Charles J. Prober directly owned 105,456 shares of Life360 common stock. This total includes 1,357 restricted stock units that each represent a right to receive one share upon vesting.

Were the Life360 (LIF) insider trades made under a Rule 10b5-1 plan?

Yes. The filing states the reported transaction was effected under a Rule 10b5‑1 trading plan adopted by the reporting person on March 14, 2025, a pre-established plan intended to allow automatic trades based on predetermined criteria.

What stock options does the Life360 (LIF) director still hold after this Form 4?

Following the reported exercise, Charles J. Prober held 79,300 stock options to purchase Life360 common stock. The option involved in this transaction covered 7,930 shares with an exercise price of $11.18 per share and an expiration date of April 12, 2028.

How do the Life360 (LIF) director’s stock options vest?

The stock option referenced in the filing vests as to 1/2 of the total shares on April 1, 2024, and then as to 1/24th of the remaining shares in equal monthly installments until it is fully vested, subject to the director’s continued service on each vesting date.

What are the restricted stock units mentioned in the Life360 (LIF) Form 4?

The filing notes that the director’s holdings include 1,357 restricted stock units, each representing a contingent right to receive one share of Life360 common stock upon vesting, increasing his share ownership as they vest.