COGHLAN JOHN PHILIP 4

What Happened
John Philip Coghlan, a director of Life360, reported selling a total of 4,000 shares of Life360 common stock on May 1, 2026. The filing shows two open-market sales: 3,736 shares at a weighted average price of $44.12 for $164,832, and 264 shares at a weighted average price of $44.67 for $11,793, for aggregate proceeds of $176,625. These were sales (dispositions), which are often routine and do not necessarily signal a change in the director’s view of the company.

Key Details

• Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (filed on the second business day — timely).
• Sales:
  • 3,736 shares — weighted avg price $44.12; total $164,832 (shares sold across prices ranging $43.59–$44.56).
  • 264 shares — weighted avg price $44.67; total $11,793 (shares sold across prices ranging $44.59–$44.70).
• Total shares sold: 4,000; total proceeds: $176,625.
• Footnotes: the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Coghlan on Dec 8, 2025 (a pre-arranged plan established when he was not aware of material nonpublic information). The filing notes weighted-average price ranges (the reporter will provide per-share breakouts on request).
• F4 note: the filing references 836 restricted stock units (RSUs), each representing a contingent right to one share.
• Shares owned after the transactions: not specified in the provided excerpt of the filing.

Context
Rule 10b5-1 plans allow insiders to sell shares according to a pre-set formula and schedule; sales under such plans are commonly viewed as planned/automatic rather than opportunistic. Sales (S) are routine reporting of disposals — purchases generally attract more attention as a stronger positive signal. The filing offers to provide detailed per-price sale breakdowns upon request (per footnotes).