COGHLAN JOHN PHILIP 4
4 · Life360, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Life360 (LIF) Director John Coghlan Sells 4,000 Shares
What Happened
- John Coghlan, a director of Life360, sold a total of 4,000 shares in open-market transactions and received a separate RSU grant. On 2026-06-01 he disposed of 3,796 shares at a weighted-average price of $43.95 for proceeds of $166,834, and 204 shares at a weighted-average price of $44.64 for proceeds of $9,107 (total proceeds ≈ $175,941). On 2026-05-29 he was granted 4,840 restricted stock units (RSUs) with a $0.00 reported acquisition price; these RSUs vest quarterly (1/4th each quarter) beginning May 15, 2026, subject to continued service.
Key Details
- Transaction dates and prices:
- 2026-05-29: RSU award — 4,840 RSUs granted (reported $0.00).
- 2026-06-01: Sale — 3,796 shares at weighted avg $43.95 (per-share sales ranged $43.53–$44.52).
- 2026-06-01: Sale — 204 shares at weighted avg $44.64 (per-share sales ranged $44.63–$44.64).
- Total proceeds from sales: approximately $175,941.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Notable footnotes:
- RSUs: Each RSU represents a contingent right to one share on settlement; vesting schedule is quarterly (1/4th).
- Footnote indicates 5,676 RSUs are included in reported holdings (per filing).
- Sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted Dec 8, 2025 (pre-set formula; seller stated not aware of material nonpublic info when plan adopted).
- Weighted-average prices reported; filing offers to provide per-trade price breakdown on request.
Context
- These transactions include both an award (RSUs) and open-market sales. Awards (RSUs) are compensation and will convert to shares as they vest; they are not an immediate market purchase.
- The sales were made under a 10b5-1 plan, which typically indicates pre-scheduled, routine dispositions rather than ad hoc trades based on current views.
- No indication in the provided information that the filing was late; Form 4 was filed on 2026-06-02, covering trades dated 2026-05-29 and 2026-06-01 (generally within required reporting windows).
Insider Transaction Report
Form 4
COGHLAN JOHN PHILIP
Director
Transactions
- Award
Common stock
[F1][F2]2026-05-29+4,840→ 5,676 total - Sale
Common stock
[F3][F4]2026-06-01$43.95/sh−3,796$166,834→ 28,635 total(indirect: By Trust) - Sale
Common stock
[F3][F5]2026-06-01$44.64/sh−204$9,107→ 28,431 total(indirect: By Trust)
Holdings
- 55,494(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Represents the grant of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 1/4th of the RSUs will vest quarterly from May 15, 2026, subject to the Reporting Person's continuous service through each vest date.
- [F2]Includes 5,676 RSUs, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- [F3]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.
- [F4]The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $43.53 to $44.52, 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.
- [F5]The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $44.63 to $44.64, 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.
Signature
/s/ Jay Sood, as Attorney-in-Fact|2026-06-02