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Life360 Board Director Sells Nearly 8k Shares as Company Expands Partnership with Uber

The Motley Fool·02/23/2026 00:09:25
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Key Points

  • A Life360 Board Director sold 7,930 shares for a transaction value of approximately $389,000 on Feb. 13, 2026, at a weighted average sale price of around $49.02 per share.

  • This trade represented 6.99% of the director's direct holdings prior to the transaction, reducing direct ownership from 113,386 to 105,456 shares.

Charles J. Prober, a Board Director at Life360 (NASDAQ:LIF), reported the sale of 7,930 shares for approximately 389K on Feb. 13, 2026, via an open-market sale immediately following an option exercise, according to a SEC Form 4 filing.

Transaction summary

Metric Value
Shares sold (direct) 7,930
Transaction value $389,000
Post-transaction shares (direct) 105,456
Post-transaction value (direct ownership) $5.20 million

Transaction value based on SEC Form 4 weighted average purchase price ($49.02). Post-transaction value based on Feb. 13 closing price.

Key questions

  • How does this transaction compare to Prober's recent trading activity?
    This sale size matches the median for Prober's recent administrative sales since July 2025, with 7,930 shares disposed in each of the past eight consecutive months, reflecting a systematic, pre-scheduled disposition cadence.
  • What was the nature of the shares sold in this filing?
    The shares sold stem from the exercise of stock options, immediately converted into common stock, and sold in the open market.

Company overview

Metric Value
Revenue (TTM) $459.03M
Net income (TTM) $29.68M
Employees 455
1-year price change (as of Feb. 22, 2026) 5.61%

Company snapshot

  • Life360 is a technology company specializing in location-based safety and coordination solutions for families and individuals.
  • Through a combination of mobile applications and connected hardware, the company delivers a comprehensive suite of services that address real-time location tracking, driving safety, and digital security.
  • The company offers a mobile platform for location tracking and safety services, as well as tracking devices, including Jobit wearable location devices.

What this transaction means for investors

In less than 2 years on the market, Life360 stock has performed well, rising 54% in 2025. And on Jan. 5, 2026, the digital safety company announced the completion of their acquisition of Nativo, a leading advertising technology company.

Life360 plans to utilize Nativo’s resources to further generate ad revenue and partnership deals with its large data set of 50 million monthly users. As the company continues to grow its subscription and ad-revenue strategy, and the stock performs well in tandem, Life360 appears well-positioned for long-term growth.

But Life360 didn’t stop there, because on Feb. 17, it announced an expansion of its strategic partnership with Uber (NYSE:UBER) , with plans to allow users across both platforms to link their accounts, including Uber teen accounts, so that parents, guardians, and other close relatives and friends will be able to coordinate rides and stay informed in real time. The integrated experience is expected to be rolled out in the upcoming months.

While Life360’s stock is down approximately 27% in 2026, the company currently looks well-positioned for long-term growth.

Adé Hennis has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Life360. The Motley Fool has a disclosure policy.