Form 4: Life360 CFO Burke Russell John Reports Tax-Related Share Withholding
SEC Form 4 Filing
Life360's CFO, Burke Russell John, reports the withholding of shares by the issuer to cover income tax obligations related to vesting restricted stock units.
Summary
- On September 19, 2024, Life360 withheld 7,780 shares from CFO Burke Russell John to cover income tax and withholding obligations related to the vesting of restricted stock units.
- The price per share for the withholding was $33.9.
- Following the transaction, Burke Russell John directly owns 155,328 shares, which includes 106,527 restricted stock units.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.
Stakeholder Impact
- The transaction has a minor impact on the CFO's holdings and does not significantly affect other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Date of share withholding transaction. |
| 09/23/2024 | Date of signature for the Form 4 filing. |
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