Life360 Board Director Sells Nearly 8k Shares as Company Expands Partnership with Uber
3 minute readPublished: Monday, February 23, 2026 at 12:09 am
Life360 Board Director Sells Shares Amidst Uber Partnership Expansion
Life360, a technology company focused on location-based safety solutions, has seen a recent transaction by one of its board directors. Charles J. Prober, a board director, sold 7,930 shares of the company on February 13, 2026, for approximately $389,000. This sale followed the exercise of stock options, which were then converted into common stock and sold on the open market. The transaction aligns with Prober's recent trading activity, as the sale size matches the median for his administrative sales over the past eight months.
Life360 provides a suite of services, including real-time location tracking, driving safety features, and digital security solutions, through its mobile applications and connected hardware. The company's stock has performed well, rising 54% in 2025. In January 2026, Life360 completed the acquisition of Nativo, an advertising technology company, to boost ad revenue and leverage its large user base of 50 million monthly users.
Adding to its strategic initiatives, Life360 announced an expanded partnership with Uber on February 17, 2026. This collaboration will allow users to link their accounts, including Uber teen accounts, enabling parents, guardians, and others to coordinate rides and receive real-time updates. The integrated experience is expected to launch in the coming months. Despite a 27% decrease in stock value in 2026, the company appears to be well-positioned for long-term growth.
BNN's Perspective:
The sale by a board director, while potentially raising questions, appears to be part of a pre-scheduled disposition plan. The expanded Uber partnership and the acquisition of Nativo suggest a strategic focus on growth and revenue diversification. While the recent stock performance has been volatile, the company's long-term prospects remain promising, given its expanding user base and strategic partnerships.
Keywords: Life360, stock sale, board director, Uber partnership, location tracking, safety solutions, Nativo acquisition, stock options, financial news, technology company, stock performance, digital security, real-time location, driving safety, ad revenue, strategic partnership, long-term growth