Partners Group Private Equity Fund, LLC 4
4 · Life Time Group Holdings, Inc. · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Life Time (LTH) 10% Owner Partners Group Sells Shares
What Happened
Partners Group Private Equity Fund, LLC (part of a Partners Group reporting group and a ~10% owner) disposed of a total of 542,119 shares of Life Time Group Holdings, Inc. (LTH) on May 5, 2026. The filing shows two disposition entries: 372,420 shares and 169,699 shares, each at $28.60 per share, producing combined proceeds of approximately $15,504,603. These were sales (dispositions), not purchases or option exercises.
Key Details
- Transaction date: 2026-05-05; Price: $28.60 per share.
- Shares sold: 372,420 and 169,699 (total 542,119). Total proceeds ≈ $15.5M.
- Shares held after the reported transactions (aggregated across the reporting entities per filing): 3,178,381 shares directly held by the reporting entities (PG PE Fund, PG PE II, PG Access 83, PG Series 61) (see footnote F5).
- Notable footnotes: portions of the sales were private transactions exempt from registration (F1) and some shares were sold back to the issuer (F4). The reporting entities are related and indirectly controlled by Partners Group Holding AG; each disclaims beneficial ownership of securities they do not directly hold (F3).
- Filing status: Form 4 was filed on May 7, 2026 (timely within the usual 2-business-day window).
Context
This activity is by a large institutional/affiliate holder (10% owner) rather than an individual executive. Institutional sales can reflect portfolio or liquidity management and do not necessarily indicate company-specific insider sentiment. The filing shows both private exempt sales and a sale to the issuer; no options were exercised and no purchases or awards were reported.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-05-05$28.60/sh−372,420$10,651,212→ 3,348,080 total(indirect: See footnote) - Sale
Common Stock
[F4][F5][F3]2026-05-05$28.60/sh−169,699$4,853,391→ 3,178,381 total(indirect: See footnote)
Footnotes (5)
- [F1]Represents 196,114 shares sold by Partners Group Private Equity Fund, LLC ("PG PE Fund"), 431 shares sold by Partners Group Private Equity II, LLC ("PG PE II"), 13,534 shares sold by Partners Group Access 83 PF LP ("PG Access 83"), and 162,341 shares sold by Partners Group Series Access II, LLC, Series 61 ("PG Series 61") in in each case in a private transaction exempt from registration under the Securities Act of 1933.
- [F2]1,763,070 of such shares of Common Stock are directly held by PG PE Fund, 3,875 of such shares are directly held by PG PE II, 121,675 of such shares are directly held by PG Access 83 and 1,459,460 of such shares are directly held by PG Series 61.
- [F3]The investment manager of PG Master Fund is Partners Group (USA) Inc. ("PG USA"). PG USA, PG PE II, PG Access 83 and PG Series 61 are indirectly controlled by Partners Group Holding AG. Each of PG PE Fund, PG PE II, PG Access 83 and PG Series 61 disclaims beneficial ownership of any securities that it does not directly beneficially own, except to the extent of its pecuniary interest, if any, therein.
- [F4]Represents 92,732 shares sold by PG PE Fund, 204 shares sold by PG PE II, and 76,763 shares sold by PG Series 61 in each case in a private transaction to the Issuer.
- [F5]1,670,338 of such shares of Common Stock are directly held by PG PE Fund, 3,671 of such shares are held directly by PG PE II, 121,675 of such shares are directly held by PG Access 83, and 1,382,697 of such shares are directly held by PG Series 61.