Morin Brit 4

What Happened
Brit Morin, a director of Life360, sold 4,655 shares of Life360 common stock in an open-market transaction on June 29, 2026. The shares were sold at $55.00 per share for aggregate proceeds of approximately $256,025. This was a sale (not a purchase) executed under a pre-established trading plan.

Key Details

• Transaction date and price: 2026-06-29 — 4,655 shares sold at $55.00 each.
• Aggregate value: ~$256,025.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote F1: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026; the plan was adopted when the reporting person stated they were not aware of any material nonpublic information.
• Footnote F2: The filing notes inclusion of 4,636 RSUs (contingent rights to receive shares upon vesting) in the reported holdings.
• Filing timeliness: The Form 4 was filed on 2026-07-01 for a 2026-06-29 transaction; no late filing flag was indicated in the provided data.

Context
A Rule 10b5-1 plan is a pre-set, automated trading arrangement; sales under such plans are often routine and follow predetermined criteria rather than reflecting real-time changes in insider sentiment. The RSUs noted are contingent awards that convert into shares only upon vesting and do not represent immediately transferable stock.