LifeStance Health Group, Inc.·4

Mar 9, 8:11 PM ET

Burdick Kenneth A 4

4 · LifeStance Health Group, Inc. · Filed Mar 9, 2026

Research Summary

AI-generated summary of this filing

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LifeStance Director Kenneth Burdick Withholds 424,551 Shares

What Happened
Kenneth A. Burdick, a director of LifeStance Health Group, Inc. (LFST), had 424,551 shares withheld by the company to satisfy tax withholding obligations related to vested restricted stock units (RSUs). The filing reports the withholding at $7.11 per share, representing $3,018,558. This was a tax-withholding/net settlement of awards, not an open-market sale or purchase.

Key Details

  • Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (reporting period March 6, 2026).
  • Transaction type/code: Tax withholding/net settlement (code F).
  • Shares withheld: 424,551 at $7.11 per share; total value reported $3,018,558.
  • Shares owned after transaction: Not stated in the provided filing.
  • Footnote: The shares were withheld by the issuer to satisfy tax withholding on vested RSUs and do not constitute an open-market sale.
  • No indication in the filing of a 10b5-1 plan or a late filing flag.

Context
This is a routine corporate action where the company withholds shares to cover tax liabilities from RSU vesting (a net settlement). It should not be interpreted as a director selling shares on the open market; such withholdings are common and do not necessarily signal the insider’s view on the company’s prospects.

Insider Transaction Report

Form 4
Period: 2026-03-06
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-03-06$7.11/sh424,551$3,018,5583,012,020 total
Holdings
  • Common Stock

    (indirect: By LLC)
    46,511
Footnotes (1)
  • [F1]Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of restricted stock units ("RSUs") that vested on March 6, 2026. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested RSUs and do not constitute any open-market sale.
Signature
By: /s/ Ryan Pardo, Attorney-in-Fact|2026-03-09

Documents

1 file
  • 4
    ownership.xmlPrimary

    4