Life360 director sells 7,930 shares at $42.12
A Life360 director exercised options and sold 7,930 shares under a pre-set Rule 10b5-1 trading plan.
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Rhea-AI Filing Summary
Life360, Inc. (LIF) director Charles J. Prober exercised stock options for 7,930 shares of common stock on September 14, 2026 at an exercise price of $11.18 per share, then sold 7,930 shares at $42.12 per share the same day. The options were fully vested and exercisable and the transactions were carried out under a Rule 10b5-1 trading plan adopted on March 14, 2025. Reported holdings include 3,361 restricted stock units representing contingent rights to receive common shares upon vesting.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F3 | 7,930 | $0.00 | $0.00 |
| Exercise | Common stock F1, F2 | 7,930 | $11.18 | $89K |
| Sale | Common stock F1, F2 | 7,930 | $42.12 | $334K |
Footnotes (3)
- 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 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.
- F2. Includes 3,361 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- F3. The stock option is fully vested and exercisable.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
restricted stock units financial
stock option financial
exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Life360 (LIF) director Charles J. Prober report on this Form 4?
Was the Life360 (LIF) insider transaction made under a Rule 10b5-1 plan?
What options did the Life360 (LIF) director exercise in this Form 4?
Does the Life360 (LIF) Form 4 mention any restricted stock units (RSUs)?
Is this Life360 (LIF) Form 4 primarily a buy or a sell transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.