[Form 4] Life360, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life360, Inc. director Charles J. Prober exercised stock options for 7,930 shares of common stock at $11.18 per share and then sold 7,930 shares at $37.27 per share on the same day. The filing shows he directly holds 105,456 common shares afterward, which include 679 restricted stock units previously granted. The stock option exercised was fully vested and exercisable and is now fully used. These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,930 shares ($295,551)
Net Sell
3 txns
Insider
Prober Charles J.
Role
Director
Sold
7,930 shs ($296K)
| 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 | $37.27 | $296K |
Holdings After Transaction:
Stock Option (right to buy) — 55,510 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 679 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 is fully vested and exercisable.
Key Figures
Options Exercised: 7,930 shares
Exercise Price: $11.18 per share
Shares Sold: 7,930 shares
+5 more
8 metrics
Options Exercised
7,930 shares
Stock option exercise of common stock
Exercise Price
$11.18 per share
Stock option exercise price
Shares Sold
7,930 shares
Open-market sale of common stock
Sale Price
$37.27 per share
Price for common stock sale
Post-transaction Holdings
105,456 shares
Common stock directly held after transactions
Remaining Stock Options
55,510 options-related shares
Shares following derivative transaction
Restricted Stock Units
679 RSUs
Contingent rights to receive shares upon vesting
Option Expiration
April 12, 2028
Expiration date of the exercised option grant
Key Terms
Rule 10b5-1 trading plan, restricted stock units, stock option, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The transaction reported on this Form 4 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.
restricted stock units financial
"Includes 679 restricted stock units previously granted, 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.
stock option financial
"The stock option is fully vested and exercisable."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
