Form 4: Life360 CFO Russell John Burke Sells Shares Under 10b5-1 Trading Plan

Life360's Chief Financial Officer, Russell John Burke, executed a sale of company stock under a pre-established Rule 10b5-1 trading plan.

Summary

• On May 9, 2025, Russell John Burke, the Chief Financial Officer of Life360, Inc., sold 3,104 shares of common stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on September 6, 2024.
• The shares were sold at a weighted average price of $44.94, with individual prices ranging from $44.65 to $45.25.
• Following the transaction, Burke directly owns 212,187 shares, which includes 131,408 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares sold.

Key Dates

Keywords

Life360, Russell John Burke, CFO, Form 4, Stock Sale, Rule 10b5-1, Insider Trading, Securities, LIF