Burke Russell John 4

What Happened John Burke, Chief Financial Officer of Life360 (LIF), reported an "other acquisition or disposition (J)" on 2026-06-12 showing disposition of 45,000 shares at $0.00 (total reported value $0). Per the filing, the shares were transferred in three equal blocks of 15,000 shares to trusts (The Jacaranda, Waratah, and Dianella Trusts). The transfer was treated as exempt from Section 16 under Rule 16a-13, and Burke retains indirect beneficial ownership of the transferred shares.

Key Details

• Transaction date: 2026-06-12; Form filed: 2026-06-16 (filed within the standard two-business-day window).
• Reported price: $0.00; reported total value: $0 (exempt transfer).
• Transfer: 3 × 15,000 shares to 3 trusts (45,000 shares total).
• Beneficial ownership: Reporting person retains indirect beneficial ownership of all transferred shares.
• Footnote: Filing notes inclusion of 106,291 restricted stock units (RSUs) that convert into shares upon vesting.
• Transaction code: J (other acquisition/disposition); exemption cited: Rule 16a-13.

Context Transfers to trusts under Rule 16a-13 are commonly estate planning or family-wealth-structure moves and are reported as exempt transactions; they do not necessarily reflect a buy/sell signal about the company's prospects. The inclusion of 106,291 RSUs in the filing indicates additional contingent rights to future shares, but this filing relates only to the stated trust transfers.