Form 4: LifeStance Health Group Executive Sells Shares to Cover Tax Obligations

Ann Varanakis, Chief People Officer of LifeStance Health Group, sold shares to cover tax obligations related to vested RSUs.

Summary

• On March 10, 2025, Ann Varanakis, Chief People Officer of LifeStance Health Group, Inc., had shares withheld by the issuer to satisfy tax withholding obligations.
• The withholding was in connection with the net settlement of Restricted Stock Units (RSUs) that vested on that date.
• A total of 5,587 shares of common stock were withheld at a price of $7.11 per share.
• Following the transaction, Varanakis directly owns 374,568 shares of LifeStance Health Group, Inc.
• The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested RSUs and do not constitute any open-market sale.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to a routine transaction for tax purposes and doesn't indicate any significant positive or negative development for the company.

Industry Context

Executive share transactions are a common occurrence in publicly traded companies, often related to compensation packages and tax obligations. These transactions are closely monitored by investors for insights into management's perspective on the company's performance and future prospects.

Key Dates

Keywords

LifeStance Health Group, LFST, Ann Varanakis, Chief People Officer, Form 4, SEC Filing, RSUs, Tax Withholding, Share Transaction, Beneficial Ownership