Life360 director trust sells 4,000 shares
Life360, Inc. director John Philip Coghlan reported an open-market sale of 4,000 shares of common stock at a weighted average price of $41.32 per share.
Rhea-AI Filing Summary
Life360, Inc. director John Philip Coghlan reported an open-market sale of 4,000 shares of common stock at a weighted average price of $41.32 per share. The shares were sold by the John Coghlan Living Trust under a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025.
After this sale, the John Coghlan Living Trust held 36,431 shares of Life360 common stock. Separate from the trust, Coghlan also reported 836 restricted stock units directly and 55,494 shares held indirectly through The John Philip Coghlan 2025 Grantor Retained Annuity Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares
Net Sell
3 txns
Insider
COGHLAN JOHN PHILIP
Role
Director
Sold
4,000 shs ($165K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 4,000 | $41.32 | $165K |
| holding | Common stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 36,431 shares (Indirect, Held by the John Coghlan Living Trust);
Common stock — 836 shares (Direct);
Common Stock — 55,494 shares (Indirect, Held by The John Philip Coghlan 2025 Grantor Retained Annuity Trust)
Footnotes (4)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2025. The Rule 10b5-1 trading plan is a pre-arranged written trading plan pursuant to which shares of the Issuer's common stock are sold automatically based on a predetermined formula that was established by the Reporting Person at a time when the Reporting Person was not aware of any material nonpublic information about the Company.
- F2. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $41.13 to $41.53, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full details regarding the number of shares sold at each separate price within the range.
- F3. The Reporting Person transferred 35,366 directly held shares to the John Coghlan Living Trust, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
- F4. Represents 836 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
Key Figures
Shares sold: 4,000 shares
Average sale price: $41.32 per share
Sale price range: $41.13–$41.53 per share
+4 more
7 metrics
Shares sold
4,000 shares
Open-market sale on 2026-04-01
Average sale price
$41.32 per share
Weighted average sale price
Sale price range
$41.13–$41.53 per share
Range of prices for the sold shares
Living Trust holdings
36,431 shares
John Coghlan Living Trust after sale
GRAT holdings
55,494 shares
2025 Grantor Retained Annuity Trust position
Restricted stock units
836 RSUs
Directly held by John Philip Coghlan
10b5-1 plan adoption date
December 8, 2025
Date Rule 10b5-1 trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, Grantor Retained Annuity Trust, restricted stock units, Section 16, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
Grantor Retained Annuity Trust financial
"Held by The John Philip Coghlan 2025 Grantor Retained Annuity Trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
restricted stock units financial
"Represents 836 restricted stock units, each of which represents a contingent right to receive one share"
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.
Section 16 regulatory
"which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
weighted average price financial
"The price reported in Column 4 is the weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did Life360 (LIF) director John Philip Coghlan report?
John Philip Coghlan reported an open-market sale of 4,000 Life360 common shares. The sale was executed at a weighted average price of $41.32 per share, with trade prices ranging from $41.13 to $41.53 according to the disclosed transaction details.
Was the Life360 (LIF) insider sale by John Coghlan under a Rule 10b5-1 plan?
Yes. The reported sale was executed under a Rule 10b5-1 trading plan adopted on December 8, 2025. Such plans are pre-arranged written agreements that automatically sell shares based on a predetermined formula set when the insider lacked material nonpublic information.
What other Life360 (LIF) holdings did John Philip Coghlan report on this Form 4?
Beyond the living trust shares, Coghlan reported 836 restricted stock units directly, each convertible into one common share upon vesting. He also reported 55,494 shares held indirectly through The John Philip Coghlan 2025 Grantor Retained Annuity Trust as additional indirect ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
