Partners Group Private Equity Fund, LLC 4
Research Summary
AI-generated summary
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.