Bessler Robert 4
4 · LifeStance Health Group, Inc. · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
LifeStance (LFST) Director Robert Bessler Sells 894,337 Shares
What Happened
- Robert Bessler, a director of LifeStance Health Group, Inc. (LFST), reported two open-market sales on June 26, 2026 totaling 894,337 shares disposed. The filing shows a weighted-average price of $10.13: 447,168 shares for $4,529,812 and 447,169 shares for $4,529,822, for aggregate proceeds of approximately $9,059,634. These were sales (not purchases), which are often routine liquidity events rather than bullish insider buying.
Key Details
- Transaction date: June 26, 2026; Form 4 filed June 30, 2026 (appears timely under the two-business-day SEC filing rule).
- Prices: weighted-average $10.13; sale price range reported as $10.00 to $10.295 (footnote F1).
- Shares sold: 447,168 and 447,169 (total 894,337); total proceeds ≈ $9,059,634.
- Shares owned after transaction: not specified in this filing.
- Notable footnotes:
- F1: Price is a weighted average; seller can provide per-price breakdown on request.
- F4/F2/F3: Shares are held of record by Alpine Glow Capital (Bessler is manager and sole member); Bessler disclaims beneficial ownership except for his pecuniary interest.
- Transaction code: S = Sale (open market or private sale).
Context
- Sales by directors can be for personal liquidity, tax, or portfolio reasons and do not necessarily indicate a change in company outlook. Because this filing reports outright sales (not option exercises or gifts), there is no immediate implication of additional share issuance or cashless exercise mechanics.
Insider Transaction Report
Form 4
Bessler Robert
Director
Transactions
- Sale
Common Stock
[F1][F2]2026-06-26$10.13/sh−447,168$4,529,812→ 539,763 total(indirect: By LLC) - Sale
Common Stock
[F1][F3]2026-06-26$10.13/sh−447,169$4,529,822→ 656,560 total(indirect: By LLC)
Holdings
- 57,619
Common Stock
- 36,363(indirect: See Footnote)
Common Stock
[F4]
Footnotes (4)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $10.00 to $10.295 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]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|2026-06-30