Form 4: Life360 Director John Coghlan Sells Shares Under 10b5-1 Trading Plan

Director John Philip Coghlan sold 3,125 shares of Life360 (LIF) common stock at an average price of $42.53, executed under a pre-established 10b5-1 trading plan.

Summary

• On March 10, 2025, John Philip Coghlan, a director of Life360, Inc. (LIF), sold 3,125 shares of common stock.
• The sale was executed at a weighted average price of $42.53 per share, with individual transactions ranging from $42.25 to $43.00.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on December 6, 2024.
• Following the transaction, Coghlan directly owns 5,226 shares of common stock, including 1,742 restricted stock units.
• Coghlan also indirectly owns 35,669 shares held by the John Coghlan Living Trust and 64,834 shares held by The John Philip Coghlan 2024 Grantor Retained Annuity Trust.

Sentiment

Score: 5

Explanation: The document reports a routine transaction (sale of shares under a pre-existing trading plan) by a company director, which is neither particularly positive nor negative.

Industry Context

Sales by insiders are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares over a period of time without being accused of trading on inside information.

Stakeholder Impact

• The sale of shares by a director could have a minor negative impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates