Form 4: Life360 CFO Sells Shares Under Pre-Arranged Trading Plan

Life360's Chief Financial Officer, Russell John Burke, sold 3,104 shares of common stock for a weighted average price of $61.95 per share on June 27, 2025, as part of a pre-established Rule 10b5-1 trading plan.

Summary

• Russell John Burke, Chief Financial Officer of Life360, Inc., disposed of 3,104 shares of common stock.
• The transaction occurred on June 27, 2025.
• The shares were sold at a weighted average price of $61.95 per share, with individual transaction prices ranging from $61.52 to $62.17.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 6, 2024.
• Following this transaction, Russell John Burke beneficially owns 202,626 shares of Life360 common stock, which includes 111,231 restricted stock units.

Sentiment

Score: 5

Explanation: A Form 4 reporting a pre-planned sale under a Rule 10b5-1 plan is generally considered a neutral event, as it is a routine disclosure for insider transactions and does not imply new information about the company's performance or outlook.

Positives

• The transaction was executed under a pre-established Rule 10b5-1 trading plan, indicating a planned sale for diversification or liquidity rather than a reaction to new, undisclosed information.

Negatives

• Chief Financial Officer Russell John Burke sold 3,104 shares of common stock.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Management Comments

• The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 6, 2024.
• The Rule 10b5-1 trading plan is a written, preestablished trading plan that provides for the automatic sale of Company stock pursuant to predetermined criteria.
• The Reporting Person adopted the plan at a time when they were not aware of any material nonpublic information about the Company.

Industry Context

This Form 4 filing reports a routine insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: May view the sale as a routine liquidity or diversification event for the CFO, especially given its execution under a pre-established Rule 10b5-1 plan. The relatively small number of shares sold compared to total beneficial ownership may mitigate any negative perception.

Key Dates

Keywords

Life360, LIF, Form 4, insider trading, stock sale, CFO, Russell John Burke, Rule 10b5-1, common stock