COGHLAN JOHN PHILIP 4

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.