Life360 (ASX:360) Chief Financial Officer Russel Burke acquired 12,427 shares of the company for $3.58 apiece on Jan. 14, according to a US Securities and Exchange Commission disclosure filed with the Australian bourse on Monday.
Following the sale, Burke owns 84,657 shares directly in the company and 91,077 shares held by a trust, per the filing.
Shares of the company fell past 7% in recent Monday trade.
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