Hulls Chris 4
Research Summary
AI-generated summary
Life360 (LIF) Director Chris Hulls Withholds 5,248 Shares for Taxes
What Happened
- Chris Hulls, a director of Life360, had 5,248 shares withheld by the company on 2026-03-06 to satisfy income tax withholding in connection with the vesting and net settlement of previously reported restricted stock units. The withholding was at a price of $44.91 per share, totaling $235,688. This was not an open-market sale but a routine tax-withholding/net-settlement action.
Key Details
- Transaction date: 2026-03-06; Filing date: 2026-03-10 (appears timely)
- Shares withheld/disposed: 5,248 at $44.91 each; total value $235,688
- Transaction code: F — tax withholding for vested RSUs (net settlement)
- Shares owned after transaction: Not specified in the provided filing
- Notable footnotes:
- F1: Confirms shares were withheld by the issuer to satisfy income tax withholding for vested RSUs (not a sale by the reporting person).
- F2: Notes that CDI holdings are converted at a 1:3 common stock to CDI ratio; CDIs trade on the ASX via CHESS Depositary Nominees.
- F3: References 108,371 previously granted restricted stock units.
- F4: References shares underlying 585,938 CDIs.
Context
- This was a routine net-settlement/tax-withholding of vested RSUs rather than a market sale or purchase; such transactions are common when equity awards vest and do not, by themselves, indicate an insider view on the company's stock.