STOCK TITAN

Life360 (LIF) director sells 7,930 shares under Rule 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Life360, Inc. director Charles J. Prober executed an options-related, pre-planned stock sale. He exercised stock options to acquire 7,930 shares of common stock at $11.18 per share, then sold 7,930 shares in an open-market transaction at $46.07 per share.

The transactions were carried out under a Rule 10b5-1 trading plan adopted on March 14, 2025, which provides for automatic sales based on preset criteria. Following these trades, Prober directly holds 109,911 shares of Life360 common stock, indicating he retains a substantial equity position.

Positive

  • None.

Negative

  • None.

Insights

Routine option exercise-and-sell under a pre-planned 10b5-1 program.

Director Charles J. Prober exercised options for 7,930 Life360 shares at an exercise price of $11.18 and sold 7,930 shares at $46.07. This is a classic exercise-and-sell pattern that monetizes option value without increasing net share exposure.

The filing states these trades occurred under a Rule 10b5-1 trading plan adopted on March 14, 2025, indicating they were pre-scheduled rather than opportunistic. After the transactions, Prober still directly owns 109,911 shares, so the sale represents a relatively small portion of his holdings.

Insider Prober Charles J.
Role null
Sold 7,930 shs ($365K)
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 $46.07 $365K
Holdings After Transaction: Stock Option (right to buy) — 39,650 shares (Direct, null); Common stock — 117,841 shares (Direct, null)
Footnotes (1)
  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 4,455 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.
Shares sold 7,930 shares Open-market sale of common stock on June 15, 2026
Sale price $46.07 per share Price for 7,930 Life360 common shares sold
Option exercise size 7,930 shares Shares acquired via stock option exercise
Option exercise price $11.18 per share Conversion or exercise price of stock option
Shares held after 109,911 shares Life360 common stock directly owned post-transaction
10b5-1 plan adoption date March 14, 2025 Date reporting person adopted Rule 10b5-1 trading plan
Option expiration April 12, 2028 Expiration date of exercised stock option
Restricted stock units 4,455 RSUs Each RSU represents a right to one common share upon vesting
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 on March 14, 2025."
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.
open-market sale financial
"transaction_action: open-market sale"
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.
stock option (right to buy) financial
"security_title: Stock Option (right to buy)"
restricted stock units financial
"Includes 4,455 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.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Prober Charles J.

(Last)(First)(Middle)
C/O LIFE360, INC.
1900 SOUTH NORFOLK STREET, SUITE 310

(Street)
SAN MATEO CALIFORNIA 94403

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Life360, Inc. [ LIF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common stock06/15/2026M(1)7,930A$11.18117,841(2)D
Common stock06/15/2026S(1)7,930D$46.07109,911(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$11.1806/15/2026M(1)7,930 (3)04/12/2028Common stock7,930$039,650D
Explanation of Responses:
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.
2. Includes 4,455 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
3. The stock option is fully vested and exercisable.
Remarks:
/s/ Jay Sood, Attorney-in-Fact06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Life360 (LIF) director Charles J. Prober do in this Form 4 filing?

Charles J. Prober exercised options for 7,930 Life360 common shares at $11.18 and sold 7,930 shares at $46.07. The trades are reported as an open-market sale and a derivative exercise transaction in the Form 4.

How many Life360 (LIF) shares does Charles J. Prober hold after these transactions?

After the reported trades, Charles J. Prober directly holds 109,911 shares of Life360 common stock. This post-transaction figure, disclosed in the Form 4, shows he continues to maintain a significant ownership stake in the company despite the sale.

At what prices did Charles J. Prober exercise and sell Life360 (LIF) shares?

Prober exercised stock options at an exercise price of $11.18 per share and sold 7,930 Life360 common shares at $46.07 per share. These prices, listed in the Form 4, highlight the spread between the option strike and market sale price.

Was the Life360 (LIF) insider sale pre-planned under a Rule 10b5-1 trading plan?

Yes. A footnote explains the transactions occurred under a Rule 10b5-1 trading plan adopted on March 14, 2025. Such plans are written, pre-established arrangements that automatically execute trades based on predetermined criteria when the insider lacks material nonpublic information.

What derivative security did Charles J. Prober exercise in this Life360 (LIF) filing?

He exercised a stock option (right to buy) covering 7,930 underlying common shares at a conversion or exercise price of $11.18 per share. The option was fully vested and exercisable and carried an expiration date of April 12, 2028.

Does the Form 4 mention restricted stock units (RSUs) held by Charles J. Prober at Life360 (LIF)?

Yes. A footnote states his holdings include 4,455 restricted stock units. Each RSU represents a contingent right to receive one share of Life360 common stock upon vesting, adding to his potential future equity exposure beyond currently owned shares.