Leonard Green & Partners, L.P. 4
4 · Life Time Group Holdings, Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Life Time (LTH) Green LTF Holdings II LP Sells Shares
What Happened
- Green LTF Holdings II LP, reported as a director-related entity in Life Time Group Holdings, sold a total of 4,991,749 shares of Life Time common stock in open-market/private sales on May 7, 2026.
- The transactions broke down as: 4,900,722 shares @ $31.46 = $154,176,714; 82,726 shares @ $31.46 = $2,602,560; and 8,301 shares @ $31.46 = $261,149 — total proceeds about $157,040,423.
- These were sales (code S) — routine disposition of shares by an institutional/affiliate owner rather than a straightforward executive purchase (which is often viewed as a more direct bullish signal).
Key Details
- Transaction date: May 7, 2026; price per share: $31.46 for all tranches.
- Total shares sold: 4,991,749; total proceeds: ~$157.04 million.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes: the report explains that Green LTF and related entities (Associates VI-A/B, GEI VI, GEI Side VI, Holdings, Capital, LGP, LGPM, Peridot) may be indirect beneficial owners of the reported shares and could be deemed "ten percent holders"; the reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.
- Reporting/filing timing: Transaction dated May 7, 2026; Form 4 filed May 11, 2026 — filing is within the two-business-day window and thus appears timely.
Context
- The sellers are institutional/affiliate entities tied to Leonard Green & Partners and related funds; the filing notes board members are partners in these entities, so the entities may be treated as director-related for Section 16 purposes.
- Sales by large institutional or affiliate holders can be for portfolio, tax, or fund-liquidity reasons and do not necessarily reflect management’s outlook on the company.
Insider Transaction Report
Form 4
Green LTF Holdings II LP
Director
Transactions
- Sale
Common Stock
[F1][F2][F3][F4][F5]2026-05-07$31.46/sh−4,900,722$154,176,714→ 15,946,196 total - Sale
Common Stock
[F6][F7][F3][F4][F5]2026-05-07$31.46/sh−8,301$261,149→ 27,009 total - Sale
Common Stock
[F8][F9][F3][F4][F5]2026-05-07$31.46/sh−82,726$2,602,560→ 269,178 total
Footnotes (9)
- [F1]Represents 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").
- [F2]Represents shares of Common Stock held by Green LTF.
- [F3]Green Equity Investors VI, L.P. ("GEI VI") and Green Equity Investors Side VI, L.P. ("GEI Side VI") are limited partners of Green LTF. GEI Capital VI, LLC ("Capital") is the general partner of GEI VI and GEI Side VI. Leonard Green & Partners, L.P. ("LGP") is the management company of GEI VI and GEI Side VI, and an affiliate of Capital. LGP Management, Inc. ("LGPM") is the general partner of LGP. Green VI Holdings, LLC ("Holdings") is a limited partner of GEI VI. Peridot Coinvest Manager LLC ("Peridot") is the general partner of Green LTF and the management company of LGP Associates VI-A LLC ("Associates VI-A") and LGP Associates VI-B LLC ("Associates VI-B").
- [F4]Each of Green LTF, Associates VI-A, Associates VI-B, GEI VI, GEI Side VI, Holdings, Capital, LGP, LGPM, and Peridot 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 some or all of the securities held by Green LTF, Associates VI-A and Associates VI-B and, therefore, a "ten percent holder" hereunder.
- [F5]Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein and not held for record by such Reporting Person, except to the extent of its pecuniary interest therein. This report shall not otherwise be deemed an admission that the Reporting Persons are the beneficial owners of such securities not held of record by the respective Reporting Person, for purposes of Section 16 or for any other purpose.
- [F6]Represents shares of Common Stock sold by Associates VI-A.
- [F7]Represents shares of Common Stock held by Associates VI-A.
- [F8]Represents shares of Common Stock sold by Associates VI-B.
- [F9]Represents shares of Common Stock held by Associates VI-B.
Signature
/s/Andrew C. Goldberg, Attorney-in-fact|2026-05-11