Antonoff Lauren 4

What Happened

• Lauren Antonoff, CEO of Life360, reported an acquisition on March 25, 2026 of 24,265 shares related to performance-based restricted stock units (PRSUs). The Form 4 lists an acquisition price of $0.00 (reflecting an award/vesting, not an open‑market purchase).

Key Details

• Transaction date: 2026-03-25 (Form 4 filed 2026-03-27).
• Reported price: $0.00 per share; reported total cash consideration $0.
• Shares involved: 24,265 shares recorded as acquired (from PRSUs).
• Shares owned after transaction: not specified in the provided excerpt.
• Footnote F1: These were PRSUs granted April 9, 2025; the performance metric was satisfied March 25, 2026. Each PRSU converts to one share on settlement. 25% of the PRSUs vested on Jan 1, 2026; the remaining 75% converted to time‑based RSUs and will vest in 12 equal quarterly installments, subject to continuous service.
• Footnote F2: The filing also references 167,632 restricted stock units previously granted (each a contingent right to one share).
• Timeliness: Filed two days after the report date — appears to be a timely Form 4 filing.

Context

• This was an award/vesting event (compensation), not a stock purchase or sale. Form 4 shows $0 acquisition price because the units were granted/vested rather than bought on the open market. Such awards are standard executive compensation and do not, by themselves, indicate the insider is buying or selling shares for personal investment reasons.