Form 4: LifeStance Health Group Director Acquires and Disposes of Shares

Director Eric Shuey reports acquisition of restricted stock units and disposition of common stock.

Summary

• On July 21, 2024, Eric Shuey, a director of LifeStance Health Group, Inc., engaged in transactions involving the company's stock.
• Shuey acquired 36,363 restricted stock units (RSUs), each representing a contingent right to receive one share of LifeStance Health Group's common stock, at a price of $0.00.
• Shuey also disposed of 58,268 shares of common stock.
• Following these transactions, Shuey directly owns 58,268 shares and indirectly owns 1,110,924 shares through the Eric Shuey Gift Trust, which includes 101,227 shares of restricted stock.
• Shuey disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a broader trend in the mental healthcare industry but rather individual investment decisions.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly altering the ownership structure.

Key Dates