COGHLAN JOHN PHILIP 4
4 · Life360, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Life360 (LIF) Director John Coghlan Sells 4,000 Shares
What Happened
John Philip Coghlan, a director of Life360, sold 4,000 shares of the company's common stock in an open-market transaction on April 1, 2026. The weighted-average sale price was $41.32 per share, for total proceeds of $165,280. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on December 8, 2025; the trades occurred at prices ranging from $41.13 to $41.53 per share.
Key Details
- Transaction date: April 1, 2026 (filed April 3, 2026).
- Transaction type: Open-market sale (Code S).
- Shares sold: 4,000.
- Weighted-average price: $41.32; reported range $41.13–$41.53 (footnote F2).
- Proceeds: $165,280.
- 10b5-1 plan: Sale was conducted under a pre-arranged Rule 10b5-1 plan adopted Dec 8, 2025 (footnote F1).
- Additional notes: Reporting person transferred 35,366 directly held shares to the John Coghlan Living Trust (exempt under Rule 16a-13) (F3). The filing references 836 restricted stock units (contingent rights to receive shares upon vesting) (F4).
- Shares owned after transaction: Not specified in the extract of this filing.
- Timeliness: Filed Apr 3, 2026 (two days after the trade); no late-filing indication in the report.
Context
Sales under Rule 10b5-1 plans are pre-arranged and often routine, as the plan was adopted when the insider stated they were not aware of material nonpublic information. Such sales are informative about share movement but do not necessarily indicate the insider’s current view of the company. Transfers to a living trust and reporting of restricted stock units are commonly administrative or estate-planning actions and do not by themselves signal market sentiment.
Insider Transaction Report
- Sale
Common stock
[F1][F2][F3]2026-04-01$41.32/sh−4,000$165,280→ 36,431 total(indirect: By Trust)
- 836
Common stock
[F3][F4] - 55,494(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2025. The Rule 10b5-1 trading plan is a pre-arranged written trading plan pursuant to which shares of the Issuer's common stock are sold automatically based on a predetermined formula that was established by the Reporting Person at a time when the Reporting Person was not aware of any material nonpublic information about the Company.
- [F2]The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $41.13 to $41.53, inclusive, per share. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full details regarding the number of shares sold at each separate price within the range.
- [F3]The Reporting Person transferred 35,366 directly held shares to the John Coghlan Living Trust, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
- [F4]Represents 836 restricted stock units, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.