Pardo Ryan 4
4 · LifeStance Health Group, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
LifeStance (LFST) Chief Legal Officer Ryan Pardo Receives RSU Award
What Happened
Ryan Pardo, Chief Legal Officer and Secretary of LifeStance Health Group, Inc. (LFST), received an award of 129,496 restricted stock units (RSUs) on March 5, 2026. Those RSUs vested/settled on March 6, 2026, and 21,854 shares were withheld by the company to satisfy tax withholding obligations — the withheld shares were valued at $6.93 each for a total tax withholding of $151,448. The grant is recorded as an award (code A) and the withholding as tax withholding (code F).
Key Details
- Transaction dates: RSU grant on 2026-03-05; settlement/withholding on 2026-03-06.
- Prices/values: Withheld 21,854 shares at $6.93 each = $151,448 withheld for taxes. RSUs granted have $0 acquisition price in the Form 4 (standard for awards).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes of note:
- F1: 129,496 RSUs granted; each RSU represents the right to one share upon settlement.
- F2: 21,854 shares were withheld to satisfy tax withholding on the net settlement of vested RSUs; this withholding is not an open-market sale.
- F3: Some shares are held of record by the Kimberly Pardo Irrevocable Trust; the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
- Timeliness: Filing dated 2026-03-09; this is within the SEC’s two-business-day Form 4 filing window for the March 5–6 transactions (filed timely).
Context
This transaction is a standard equity compensation event: RSUs were granted and then net-settled at vesting with a portion withheld to cover taxes. The withheld shares are an internal tax payment and should not be interpreted as an open-market sale signaling a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-05+129,496→ 1,045,231 total - Tax Payment
Common Stock
[F2]2026-03-06$6.93/sh−21,854$151,448→ 1,023,377 total
- 2,551,520(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]Includes 129,496 restricted stock units ("RSUs") granted on March 5, 2026. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of 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.
- [F3]Shares held of record by Kimberly Pardo Irrevocable Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.