Life360 (LIF) director Chris Hulls exercises options and sells 16,042 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life360 director Chris Hulls reported an option exercise and share sale in Life360, Inc. common stock. On June 18, 2026, he exercised stock options covering 27,000 shares at $8.19 per share and acquired the same number of common shares. On the same date, he sold 16,042 shares in an open-market transaction at a weighted average price of $47.07 per share, executed under a pre-established Rule 10b5-1 trading plan.
After these transactions, Hulls directly holds 406,899 shares of common stock and 125,801 stock options, and also has indirect ownership of additional shares through 2023 irrevocable trusts. The filing notes that his holdings include shares underlying Chess Depositary Interests and 134,496 restricted stock units that may settle into common shares upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 16,042 shares ($755,097)
Net Sell
6 txns
Insider
Hulls Chris
Role
null
Sold
16,042 shs ($755K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 27,000 | $0.00 | -- |
| Exercise | Common Stock | 27,000 | $8.19 | $221K |
| Sale | Common Stock | 16,042 | $47.07 | $755K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 125,801 shares (Direct, null);
Common Stock — 422,941 shares (Direct, null);
Common Stock — 195,312 shares (Indirect, Held by the Robin Hulls 2023 Irrevocable Trust)
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 December 16, 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 common stock and the number of shares of common stock underlying Chess Depositary Interests ("CDIs") as converted on a 1:3 common stock to CDI ratio. The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. Includes 134,496 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 price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $46.92 to $47.39, 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. Represents shares of the Issuer's common stock underlying 585,938 CDIs. The stock option is fully vested and exercisable.
Key Figures
Shares sold: 16,042 shares
Sale price: $47.07 per share
Options exercised: 27,000 shares
+5 more
8 metrics
Shares sold
16,042 shares
Open-market sale of common stock on June 18, 2026 at weighted average price
Sale price
$47.07 per share
Weighted average sale price; individual trades from $46.92 to $47.39
Options exercised
27,000 shares
Stock option exercise into common stock on June 18, 2026
Option exercise price
$8.19 per share
Exercise price for 27,000 stock options exercised
Direct common shares held
406,899 shares
Direct Life360 common stock holdings after reported transactions
Remaining stock options
125,801 options
Stock options remaining outstanding after the 27,000-share exercise
Trust holdings example
195,312 shares
Common shares held by the Mckenzie Hulls 2023 Irrevocable Trust
Restricted stock units
134,496 RSUs
Restricted stock units that may settle into common shares upon vesting
Key Terms
Rule 10b5-1 trading plan, Chess Depositary Interests ("CDIs"), restricted stock units, weighted average price, +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"
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.
Chess Depositary Interests ("CDIs") financial
"Includes common stock and the number of shares of common stock underlying Chess Depositary Interests ("CDIs")"
restricted stock units financial
"Includes 134,496 restricted stock units previously granted, 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.
weighted average price financial
"The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions"
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.
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.
FAQ
What insider transactions did Chris Hulls report for Life360 (LIF)?
Chris Hulls reported exercising stock options for 27,000 Life360 shares at $8.19 and selling 16,042 shares at a weighted average of $47.07. Following these transactions, he continues to hold a substantial direct and indirect equity position in the company.
What stock options did Chris Hulls exercise in the latest Life360 Form 4?
He exercised options to acquire 27,000 shares of Life360 common stock at an exercise price of $8.19 per share. The options are fully vested and exercisable, and after the exercise, 125,801 stock options remain outstanding in his direct holdings.
What are Chris Hulls’ direct Life360 holdings after these transactions?
After the reported transactions, Chris Hulls directly holds 406,899 shares of Life360 common stock and 125,801 stock options. The filing also notes additional equity exposure through 134,496 restricted stock units and indirect holdings in several 2023 irrevocable trusts.
What indirect Life360 holdings are reported for Chris Hulls?
The Form 4 lists indirect ownership of 195,312 Life360 common shares in each of the Mckenzie Hulls 2023, Rose Hulls 2023, and Robin Hulls 2023 Irrevocable Trusts. These positions reflect shares held for the benefit of related parties through separate trust vehicles.