Home / Business and Economy / Life360 Director Sells 27,000 Shares
Life360 Director Sells 27,000 Shares
6 Aug
Summary
- Director Chris Hulls sold 27,000 Life360 shares on August 4.
- The sale occurred under a pre-set Rule 10b5-1 trading plan.
- Hulls exercised options and sold resulting stock for $63.34 per share.
On August 4, 2026, Life360, Inc. Director Chris Hulls reported the sale of 27,000 shares of the company's stock. The transaction was conducted through a Rule 10b5-1 trading plan, which was established on December 16, 2025. This plan allows company insiders to schedule stock sales in advance, ensuring they are not in possession of material non-public information at the time of the trade.
Hulls exercised 27,000 stock options at a strike price of $2.53 per share, immediately selling the acquired shares for $63.34 each. Despite this sale, Hulls maintains a substantial holding of 1.2 million derivative securities, including vested and unvested awards. Additionally, he holds 585,936 shares indirectly through three trusts, each benefiting Robin, Rose, and Mckenzie Hulls.
Life360, a company known for its individual and asset tracking technology platform, has a market capitalization of $5.2 billion as of the August 4 market close. The company reported trailing-twelve-month revenue of $529.0 million but experienced a one-year return of -17%.
