Leonard Green & Partners, L.P. 4

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.