Hulls Chris 4
4 · Life360, Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Life360 (LIF) Director Chris Hulls Withholds 7,544 Shares for Taxes
What Happened
Chris Hulls, a director of Life360, had 7,544 shares withheld by the company on June 8, 2026 to satisfy income tax withholding related to the vesting and net settlement of previously reported restricted stock units (RSUs). The withheld shares were valued at $45.37 each, for a total of approximately $342,271. This was not an open-market sale but a tax-withholding disposition (transaction code F).
Key Details
- Transaction date: 2026-06-08; Filing date (Form 4): 2026-06-10 (filed within the typical two-business-day window).
- Shares withheld/disposed: 7,544 at $45.37 each; total value ≈ $342,271.
- Transaction code: F — tax withholding/net share settlement of vested RSUs (not a sale).
- Footnotes of note:
- F1: Confirms shares were withheld to satisfy the issuer’s tax withholding obligations on RSU vesting.
- F2–F4: Filing references treatment of CDIs (1 common share = 3 CDIs) and previously granted RSUs (including 134,496 RSUs and shares underlying 585,938 CDIs); these clarify how holdings and awards are reported across U.S. common stock and Australian-traded CDIs.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This was a routine tax-withholding event tied to RSU vesting and does not indicate an active decision to sell shares on the market. Such withholding transactions are common when equity awards vest and are generally not interpreted as a signal of insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2][F3]2026-06-08$45.37/sh−7,544$342,271→ 395,941 total
- 195,312(indirect: By Trust)
Common Stock
[F4] - 195,312(indirect: By Trust)
Common Stock
[F4] - 195,312(indirect: By Trust)
Common Stock
[F4]
Footnotes (4)
- [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 common stock and the number of shares of common stock underlying Chess Depositary Interests ("CDIs") as converted on a 1:3 common stock to CDI ratio. The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.
- [F3]Includes 134,496 RSUs previously granted, each of which represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- [F4]Represents shares of the Issuer's common stock underlying 585,938 CDIs.