Galashan John Kristofer 4
4 · Life Time Group Holdings, Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Life Time (LTH) Director John Galashan Sells 4.99M Shares
What Happened
- John Kristofer Galashan, a director of Life Time Group Holdings, Inc. (LTH), was reported as the indirect party to a large sale on May 7, 2026. A total of 4,991,749 shares were disposed of at $31.46 per share, generating proceeds of $157,040,424. The shares were sold by affiliated entities (Green LTF Holdings II LP, LGP Associates VI‑A LLC, and LGP Associates VI‑B LLC) in an open-market or private sale (reported as a sale, code S).
Key Details
- Transaction date and price: May 7, 2026 — 4,991,749 shares at $31.46 each.
- Proceeds: $157,040,424 total.
- Shares owned after transaction (by the entities reported): Green LTF — 15,946,196; Associates VI‑A — 27,009; Associates VI‑B — 269,178 (total reported held by those entities = 16,242,383).
- Footnotes:
- F1 breaks down the sold lots: 4,900,722 shares sold by Green LTF, 8,301 by Associates VI‑A, and 82,726 by Associates VI‑B.
- F2 lists the remaining post-sale holdings by those entities (see counts above).
- F3 notes Mr. Galashan may be deemed an indirect beneficial owner of the entities’ shares but disclaims beneficial ownership except to the extent of any pecuniary interest.
- Filing timeliness: Transaction reported for 2026-05-07 and filed 2026-05-11 — this appears later than the typical Form 4 reporting window (noted as late), which may be a reporting compliance matter.
Context
- This filing reflects a sale (not a purchase); sales by insiders or related entities can be routine (liquidity, estate planning, entity rebalancing) and do not by themselves indicate company performance or management view.
- The sale was executed by affiliated entities rather than an explicit personal sale by Mr. Galashan; he is reported as an indirect party through those entities and disclaims direct beneficial ownership beyond pecuniary interest.
Insider Transaction Report
Form 4
Galashan John Kristofer
Director
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-05-07$31.46/sh−4,991,749$157,040,424→ 16,242,383 total(indirect: See footnote.)
Footnotes (3)
- [F1]Represents 4,900,722 shares of the Issuer's Common Stock, par value $0.01 per share (the "Common Stock") sold by Green LTF Holdings II LP ("Green LTF"), 8,301 shares of Common Stock sold by LGP Associates VI-A LLC ("Associates VI-A"), and 82,726 shares of Common Stock sold by LGP Associates VI-B LLC ("Associates VI-B").
- [F2]Represents shares of Common Stock owned by Green LTF, Associates VI-A, and Associates VI-B. Of the shares of Common Stock reported, 15,946,196 shares are owned by Green LTF, 27,009 shares are owned by Associates VI-A, and 269,178 shares are owned by Associates VI-B.
- [F3]Mr. Galashan directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the securities owned by Green LTF, Associates VI-A, and Associates VI-B. Mr. Galashan disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Signature
/s/Andrew C. Goldberg, Attorney-in-fact|2026-05-11