Charles Prober’s sale of 7,930 Life360 shares for $420,700 was part of a pre-arranged trading plan, leaving his equity stake largely intact.
Life360 director Charles Prober sold 7,930 shares on July 13, 2026, for $420,700 at a weighted-average price of $53.05. The transaction was executed under a Rule 10b5-1 plan, a pre-established trading arrangement allowing insiders to sell shares without discretionary influence.
The sale reduced Prober’s direct holdings by 7%, but he retains approximately 110,000 shares and 31,720 derivative securities. The shares were sold after exercising options at a strike price of $11.18, reflecting a significant gain. Life360’s stock closed at $52.22 on July 13, down 19% over the past year, with a market capitalization of $4.3 billion.
As of July 14, 2026, the stock traded at $53.00. The company reported $529.0 million in trailing twelve-month revenue and $149.2 million in net income.