Life360 (LIF) Director Alex Haro Sells 50,000 Shares & Exercises Options

What Happened
Alex Haro, a director of Life360, exercised derivative instruments and sold shares on September 21, 2026. The filing shows he exercised 50,000 shares at $2.53 per share (cost $126,500). On the same date he sold 31,275 shares at a weighted average price of $40.72 for $1,273,518, and 18,725 shares at a weighted average price of $41.16 for $770,721 — total sale proceeds of $2,044,239. The Form 4 also reports a separate derivative disposition of 50,000 shares at $0.00. These transactions include option exercise entries (code M) and open-market sales (code S).

Key Details

• Transaction date: 2026-09-21; Form filed: 2026-09-23 (appears timely).
• Purchases/Exercises: 50,000 shares exercised at $2.53 (total cash paid $126,500).
• Sales: 31,275 shares sold at weighted avg $40.72 (proceeds $1,273,518); 18,725 shares sold at weighted avg $41.16 (proceeds $770,721). Combined sale proceeds = $2,044,239.
• Additional derivative entry: 50,000 shares listed as disposed at $0.00 (reported as derivative; see footnote F5).
• Notable footnotes: F1 — sales effected under a Rule 10b5-1 trading plan adopted 6/9/2026; F3/F4 — reported sale prices are weighted averages across specified price ranges; F2 — includes 3,342 restricted stock units previously granted; F5 — the option is fully vested and exercisable.
• Shares owned after the transactions: not specified in the provided excerpt of the Form 4 — check the full filing for post-transaction holdings.

Context

• Code M indicates option exercises. The filing shows exercises and same-day open-market sales, and a derivative disposition at $0.00; the 10b5-1 plan note indicates sales were pre-scheduled. These entries are factual reporting of insider activity and do not, by themselves, indicate the insider’s view of the company’s prospects.