Burke Russell John 4
4 · Life360, Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Life360 (LIF) CFO Burke Russell John Sells Shares
What Happened Burke Russell John, Chief Financial Officer of Life360, had 6,087 shares (reported as a disposition) withheld by the company to satisfy income tax withholding related to the vesting and net settlement of previously granted restricted stock units (RSUs). The shares were valued at $45.37 each, totaling $276,167. This was a tax-withholding/net-settlement action, not an open-market sale by the reporting person.
Key Details
- Transaction date: 2026-06-08; Price per share: $45.37; Shares withheld/disposed: 6,087; Total value: $276,167.
- Transaction code: F (shares withheld to satisfy tax withholding obligations).
- Footnote F1: Clarifies this is not a sale by the reporting person but issuer withholding for taxes on RSU vesting.
- Footnote F2: Filing references 106,291 previously granted restricted stock units (each convertible to one share upon vesting).
- Filing date: 2026-06-10 — filed within the typical two-business-day Form 4 window (timely).
- Shares owned after the transaction: not specified in the provided summary of the filing.
Context This was a routine tax-withholding/net-settlement related to RSU vesting. Such withholdings are common and do not necessarily indicate the insider's view of the company; they reflect obligation to cover payroll/tax liabilities when equity awards vest.
Insider Transaction Report
- Tax Payment
Common stock
[F1][F2]2026-06-08$45.37/sh−6,087$276,167→ 115,974 total
- 113,361(indirect: By Trust)
Common stock
Footnotes (2)
- [F1]This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs").
- [F2]Includes 106,291 restricted stock units previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.