Life360 director sells 31,275 and 18,725 shares
The Rule 10b5-1 plan adopted June 9, 2026, provides for automatic sales under predetermined criteria.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Life360, Inc. director Alex Haro exercised options for 50,000 common shares on September 21, 2026, at $2.53 per share. That day, Haro sold 31,275 shares at a weighted-average $40.72 per share and 18,725 shares at a weighted-average $41.16 per share. The transactions were effected under a Rule 10b5-1 trading plan adopted June 9, 2026. The option position covered 195,565 shares following the exercise.
Insider Trade Summary 10b5-1
Exercise and Sale: 50,000 shares ($1.92M approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Haro Alex
Role
Director
Sold
50,000 shs ($2.04M)
Approx. gross sale proceeds
$2.04M
Approx. exercise cost
$126K
Approx. pre-tax spread
$1.92M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F5 | 50,000 | $0.00 | $0.00 |
| Exercise | Common stock F1, F2 | 50,000 | $2.53 | $126K |
| Sale | Common stock F1, F3, F2 | 31,275 | $40.72 | $1.27M |
| Sale | Common stock F1, F4, F2 | 18,725 | $41.16 | $771K |
Holdings After Transaction:
Stock Option (right to buy) — 195,565 contracts (Direct);
Common stock — 1,010,303 shares (Direct)
Footnotes (5)
- F1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 9, 2026. 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 3,342 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.04 to $41.02, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 3.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.047 to $41.340, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4.
- F5. The stock option is fully vested and exercisable.
Key Figures
Options exercised: 50,000 shares
Option exercise price: $2.53 per share
Shares sold: 31,275 shares at a weighted-average $40.72 per share
+4 more
7 metrics
Options exercised
50,000 shares
September 21, 2026
Option exercise price
$2.53 per share
September 21, 2026 exercise
Shares sold
31,275 shares at a weighted-average $40.72 per share
September 21, 2026
Shares sold
18,725 shares at a weighted-average $41.16 per share
September 21, 2026
Shares covered by option position
195,565 shares
Reported following the September 21, 2026 exercise
Restricted stock units
3,342 restricted stock units
Previously granted; each represents a contingent right to receive one common share upon vesting
Option expiration date
July 16, 2028
Reported stock option
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units, fully vested and exercisable
4 terms
Rule 10b5-1 trading plan regulatory
"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.
weighted average price financial
"The price reported in Column 4 is a 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.
restricted stock units financial
"Includes 3,342 restricted stock units previously granted"
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.
fully vested and exercisable financial
"The stock option is fully vested and exercisable"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the terms of Alex Haro's Life360 option exercise?
Haro exercised options for 50,000 common shares at $2.53 per share on September 21, 2026. The option was fully vested and exercisable and expires July 16, 2028.
Were Alex Haro's Life360 sales made under a 10b5-1 plan?
Yes. The transactions were effected under a Rule 10b5-1 trading plan adopted June 9, 2026. The plan provides for automatic sales under predetermined criteria, and Haro adopted it when not aware of material nonpublic information about Life360.
AI-generated analysis. How Rhea-AI works. Not financial advice.
