Haro Alex 4

What Happened

• Alex Haro, a director of Life360, exercised stock options on 2026-03-26 and acquired a total of 144,533 shares of LIF common stock. The exercises were reported in three tranches: 125,391 shares @ $2.15 (total $269,591), 3,170 shares @ $8.19 (total $25,962), and 15,972 shares @ $13.35 (total $213,226). The combined reported cash amount for these acquisitions is $508,779.
• The filing also shows the corresponding derivative instruments (the options) were disposed of at $0 — this reflects conversion of the options into shares rather than a market sale of shares. No contemporaneous sale of the acquired shares was reported, so it appears the shares were retained.

Key Details

• Transaction date: 2026-03-26; Filing date: 2026-03-27 (appears filed the next day).
• Tranche details:
  • 125,391 shares exercised at $2.15 — $269,591
  • 3,170 shares exercised at $8.19 — $25,962
  • 15,972 shares exercised at $13.35 — $213,226
• Total shares acquired: 144,533; total reported cash amount: $508,779.
• Shares owned after transaction: Not provided in the excerpt of the filing.
• Footnotes: F1 — includes 679 restricted stock units (contingent rights to receive one share upon vesting). F2 — the stock option is fully vested and exercisable.
• Filing timeliness: Not marked late; filed one day after the transaction.

Context

• These were option exercises (SEC transaction code M). The report shows the options were converted into common shares (derivative dispositions at $0), not an open-market sale. Because no sale of the newly acquired shares is reported, this transaction signals conversion/retention rather than a monetization (cashless exercise would typically show a sale).
• Such exercises can be routine (vesting and exercise) and do not by themselves indicate an intent to buy or sell in the market; they increase the insider’s share stake once exercised.