Miller Lisa K 4
Research Summary
AI-generated summary
LifeStance (LFST) EVP Lisa K. Miller Receives 107,914 RSUs
What Happened
Lisa K. Miller, Executive Vice President, Practice Operations at LifeStance Health Group (LFST), received a grant of 107,914 restricted stock units (RSUs) on March 5, 2026. The RSUs vested and were net-settled on March 6, 2026; 21,590 shares were withheld to satisfy tax withholding obligations at $6.93 per share (withheld value ≈ $149,619). The grant is an award (not a purchase) and the withheld shares are a tax payment, not an open-market sale.
Key Details
- Grant date: 2026-03-05 — 107,914 RSUs granted (each RSU = right to one share).
- Settlement/withholding: 2026-03-06 — 21,590 shares withheld at $6.93/share (payment of tax liability), total ≈ $149,619. Transaction code F (tax/price payment) for the withheld shares; code A for the RSU award.
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes: F1 confirms the RSU grant; F2 explains the withheld shares were used to satisfy tax withholding and do not constitute an open-market sale.
- Filing timeliness: Report filed 2026-03-09 for transactions on 2026-03-05 — indicated as late (L).
Context
This was a compensation-related equity award (RSUs) rather than a market purchase or sale. The withholding of shares to cover taxes is a common administrative step (cashless/net settlement) and should not be interpreted as an open-market sale signaling sentiment.