Bessler Robert 4
4 · LifeStance Health Group, Inc. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
LifeStance (LFST) Director Robert Bessler Sells 69,899 Shares
What happened
- Robert Bessler, a director of LifeStance Health Group, sold a total of 69,899 shares in open‑market/private sale transactions on April 23–24, 2026, generating aggregate proceeds of approximately $492,401. The trades were reported on a Form 4 filed April 27, 2026.
- Transactions listed: 3,876 shares at $7.00 (x2) and 31,073 and 31,074 shares at $7.05; reported proceeds per line: $27,132, $27,132, $219,065, and $219,072.
Key details
- Transaction dates and prices:
- Apr 23, 2026: two disposals of 3,876 shares each at a reported $7.00 (weighted average; actual prices ranged $7.00–$7.005).
- Apr 24, 2026: disposals of 31,073 and 31,074 shares at a reported $7.05 (weighted average; actual prices ranged $7.00–$7.095).
- Total shares sold: 69,899; total proceeds: ≈ $492,401.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Notable footnotes from the filing:
- Weighted‑average prices reported; seller will provide details of number of shares sold at each separate price on request (F1, F4).
- Reporting person disclaims beneficial ownership except for pecuniary interest (F2, F3).
- Some shares were held of record by Alpine Glow Capital; Bessler is manager and sole member of that entity (F5).
- Filing timeliness: Form 4 was filed Apr 27, 2026; based on trade dates (Apr 23–24) the filing appears timely under Section 16 reporting deadlines.
Context
- These were sales (S), which are common for insiders for liquidity or portfolio reasons; sales generally convey less clear sentiment than purchases. No indication in the filing that these were option exercises, awards, or gifts.
- The weighted‑average and price‑range footnotes mean the shares were sold across multiple executions at slightly varying prices within the ranges noted.
Insider Transaction Report
Form 4
Bessler Robert
Director
Transactions
- Sale
Common Stock
[F1][F2]2026-04-23$7.00/sh−3,876$27,132→ 1,305,521 total(indirect: By LLC) - Sale
Common Stock
[F1][F3]2026-04-23$7.00/sh−3,876$27,132→ 1,422,320 total(indirect: By LLC) - Sale
Common Stock
[F4][F2]2026-04-24$7.05/sh−31,073$219,065→ 1,274,448 total(indirect: By LLC) - Sale
Common Stock
[F4][F3]2026-04-24$7.05/sh−31,074$219,072→ 1,391,246 total(indirect: By LLC)
Holdings
- 57,619
Common Stock
- 36,363(indirect: See Footnote)
Common Stock
[F5]
Footnotes (5)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $7.00 to $7.005 inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F2]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 Exchange Act of 1934 (the "Exchange Act") or for any other purpose.
- [F3]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 Exchange Act or for any other purpose.
- [F4]The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $7.00 to $7.095 inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F5]Shares held of record by Alpine Glow Capital. The Reporting Person is the manager and sole member of Alpine Glow Capital. 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 Exchange Act or for any other purpose.
Signature
By: /s/ Ryan Pardo, Attorney-in-Fact|2026-04-27