Partners Group Private Equity Fund, LLC 4
4 · Life Time Group Holdings, Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Life Time (LTH) 10% Owner Sells 747,178 Shares
What Happened
Partners Group Private Equity Fund, LLC (part of Partners Group, a reported 10% owner) sold 747,178 shares of Life Time Group Holdings, Inc. (LTH) on 2026-05-07 at $31.46 per share, generating proceeds of $23,506,220. The reported sale aggregates dispositions by related Partners Group entities: PG PE Fund (392,665 shares), PG PE II (863 shares), PG Access 83 (28,604 shares) and PG Series 61 (325,046 shares).
Key Details
- Transaction date and price: 2026-05-07 @ $31.46 per share (open market/private sale; Form 4 code S).
- Total shares sold: 747,178; total proceeds: $23,506,220.
- Reported direct holdings after the transaction (per filing): PG PE Fund 1,277,673; PG PE II 2,808; PG Access 83 93,071; PG Series 61 1,057,651 — combined ≈ 2,431,203 shares.
- Footnotes: F1 breaks down the sale by the four related entities; F2 lists direct holdings by those entities; F3 explains investment-management/control structure (PG USA and Partners Group Holding AG) and disclaimers of beneficial ownership.
- Filing: Form 4 filed 2026-05-11 for a 2026-05-07 transaction — appears filed within the two-business-day SEC window.
- No 10b5-1 plan, option exercise, award, or tax-withholding notation is indicated in the filing.
Context
This was an institutional disposition by a reported 10% shareholder and affiliated entities, not a corporate officer or director individual trade. Institutional sales can reflect portfolio rebalancing or other fund-level decisions; the filing itself does not state motive.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-05-07$31.46/sh−747,178$23,506,220→ 2,431,203 total(indirect: See footnote)
Footnotes (3)
- [F1]Represents 392,665 shares sold by Partners Group Private Equity Fund, LLC ("PG PE Fund"), 863 shares sold by Partners Group Private Equity II, LLC ("PG PE II"), 28,604 shares sold by Partners Group Access 83 PF LP ("PG Access 83"), and 325,046 shares sold by Partners Group Series Access II, LLC, Series 61 ("PG Series 61").
- [F2]1,277,673 of such shares of Common Stock are directly held by PG PE Fund, 2,808 of such shares are directly held by PG PE II, 93,071 of such shares are directly held by PG Access 83 and 1,057,651 of such shares are directly held by PG Series 61.
- [F3]The investment manager of PG PE 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.