Bessler Robert 4
4 · LifeStance Health Group, Inc. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
LifeStance (LFST) Director Robert Bessler Sells 575,034 Shares
What Happened
Robert Bessler, a director of LifeStance Health Group, sold shares in open-market transactions on May 12, 2026. The filing shows two identical dispositions of 287,517 shares at $8.02 each (proceeds of $2,305,886 per entry), for a combined sale of 575,034 shares and aggregate proceeds of approximately $4,611,772. These were reported as sales (routine dispositions), not purchases.
Key Details
- Transaction date and price: 2026-05-12 — two sales of 287,517 shares at $8.02 each.
- Total sold: 575,034 shares; total proceeds ≈ $4,611,772.
- Shares owned after transaction: not specified in this filing.
- Footnotes: Reporting person disclaims beneficial ownership except to the extent of pecuniary interest (F1, F2). Shares are held of record by Alpine Glow Capital; Bessler is manager and sole member of Alpine Glow Capital and similarly disclaims beneficial ownership except for pecuniary interest (F3).
- Timeliness: Report filed May 14, 2026 for transactions on May 12, 2026 (filed promptly).
Context
These are outright sales reported by a director and, by themselves, do not indicate insider optimism the way purchases might. The filing’s disclaimers note that the shares are held of record by Alpine Glow Capital and that Bessler disclaims beneficial ownership except for any pecuniary interest, which can affect how to interpret control or intent. Retail investors should view insider sales as routine unless accompanied by other corporate developments.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-12$8.02/sh−287,517$2,305,886→ 986,931 total(indirect: By LLC) - Sale
Common Stock
[F2]2026-05-12$8.02/sh−287,517$2,305,886→ 1,103,729 total(indirect: By LLC)
- 57,619
Common Stock
- 36,363(indirect: See Footnote)
Common Stock
[F3]
Footnotes (3)
- [F1]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.
- [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 or for any other purpose.
- [F3]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.