Life360 (LIF) director reports 105,456 shares beneficially owned
Rhea-AI Filing Summary
Life360 (LIF) reported an insider transaction: a company director filed a Form 4 for activity on October 13, 2025. The reporting person exercised 7,930 stock options at an exercise price of $11.18 per share and, on the same date, sold 7,930 shares at a price of $103.20 per share. The transactions were executed under a Rule 10b5-1 trading plan adopted on March 14, 2025.
Following these transactions, the reporting person beneficially owned 105,456 shares of common stock. This figure includes 2,036 restricted stock units, each representing a right to receive one share upon vesting. The exercised option relates to a grant with a vesting schedule that began April 12, 2024 and monthly thereafter, and carries an expiration date of April 12, 2028.
Positive
- None.
Negative
- None.
Insights
Routine Form 4: planned option exercise and sale under 10b5-1.
The filing shows a director exercised 7,930 options at $11.18 and sold 7,930 shares at $103.20 on October 13, 2025. The activity was conducted under a Rule 10b5-1 plan adopted on March 14, 2025, indicating a pre-arranged, criteria-based trading program.
Post-transaction holdings are 105,456 common shares, which include 2,036 RSUs. The option grant vests over time and expires on April 12, 2028. As a routine disclosure of insider activity, this is generally neutral for the investment thesis.
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 | $103.20 | $818K |
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 12, 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.