Life360 Form 4: Director exercises options, updates vesting date
Rhea-AI Filing Summary
Life360, Inc. (LIF) reported that one of its directors exercised and sold shares under a pre-arranged trading plan. On 11/13/2025, the director exercised a stock option to acquire 7,930 shares of common stock at $11.18 per share and, on the same date, sold 7,930 shares of common stock at $76.93 per share. After these transactions, the director beneficially owned 105,456 shares of common stock, including 2,036 restricted stock units, and held 95,160 stock options. The filing notes that these trades were executed pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025, and it corrects the vesting commencement date of the reported stock option to April 1, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 | $76.93 | $610K |
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 2,036 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 vests and becomes exercisable as to 1/2 of the total number of shares on April 1, 2024 and thereafter vests and becomes exercisable as to 1/48th of the total number of shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
FAQ
What insider transaction did Life360 (LIF) report on this Form 4?
The filing reports that a director of Life360 exercised a stock option to acquire 7,930 shares of common stock at $11.18 per share on 11/13/2025 and sold 7,930 shares of common stock at $76.93 per share on the same date.
What stock options does the Life360 (LIF) director still hold?
After the transactions, the director held 95,160 stock options, including an option originally covering 7,930 shares of common stock that was exercised at an exercise price of $11.18 per share.
Was the Life360 (LIF) insider trade made under a Rule 10b5-1 plan?
Yes. The filing states that the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2025, which provides for automatic trades based on predetermined criteria.
What correction to prior disclosures does this Life360 (LIF) Form 4 make?
The filing clarifies that the vesting commencement date for the reported stock option is April 1, 2024. Earlier filings had inadvertently reported this date as April 12, 2024, and this Form 4 corrects that detail.
How do the restricted stock units (RSUs) for the Life360 (LIF) director work?
The filing notes that the director holds 2,036 restricted stock units, each representing a contingent right to receive one share of Life360 common stock upon vesting, subject to the applicable vesting conditions.