LifeStance (LFST) CEO David Bourdon Gifts 150,000 Shares

What Happened

• David Bourdon, Chief Executive Officer of LifeStance Health Group, transferred (disposed) 150,000 shares on 2026-09-02. The Form 4 reports the transaction at $0.00 per share (total value $0), and is footnoted as a transfer to a family member for no consideration for estate planning purposes.

Key Details

• Transaction date: 2026-09-02; Form 4 filed: 2026-09-04.
• Transaction type/code: Other acquisition/disposition (code J) — transfer/gift.
• Price: $0.00 per share; total reported proceeds: $0.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote F1: confirms shares were transferred to a family member for no value for estate planning.
• Filing timeliness: Form 4 was filed two days after the transfer and appears to meet the SEC’s two-business-day reporting window.

Context

• This was a gift/transfer, not an open-market sale or purchase. Gifts for estate planning are routine and do not necessarily signal the insider’s view on the company’s stock price.
• Code J simply denotes an other acquisition/disposition; the footnote provides the necessary explanation that this was an estate-planning transfer.