Antonoff Lauren 4
Research Summary
AI-generated summary
Life360 (LIF) CEO Lauren Antonoff Withholds Shares for Taxes
What Happened Lauren Antonoff, CEO of Life360, had 21,130 shares withheld by the company on 2026-06-08 to satisfy income tax withholding related to the vesting and net settlement of previously granted restricted stock units (RSUs). The withheld shares were valued at $45.37 each, totaling $958,668. This transaction is a tax withholding/net-settlement event, not an open-market sale by the reporting person.
Key Details
- Transaction date and price: 2026-06-08; 21,130 shares withheld at $45.37 per share; total value $958,668.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1: Confirms this was not a sale by the insider; shares were withheld by the issuer to satisfy income tax withholding and remittance obligations on RSU vesting.
- F2: Notes the transaction relates to RSUs from a prior grant that included 120,044 RSUs (each convertible to one share upon vesting).
- Filing timeliness: Form filed 2026-06-10 for a 2026-06-08 transaction — no late filing indicated.
Context Net settlement/tax-withholding of RSUs is a routine administrative step when restricted stock units vest. Because shares were withheld to cover taxes rather than sold on the open market by the insider, this transaction should not be interpreted as a directional trading signal by the CEO.