Galashan John Kristofer 4
Research Summary
AI-generated summary
Life Time (LTH) Director John Galashan Sells 3.01M Shares
What Happened
- John Kristofer Galashan, a director of Life Time Group Holdings, Inc. (LTH), reported the sale of 3,006,100 shares on May 21, 2026. The shares were disposed at $32.51 each for a total of $97,728,311. The filing lists the transaction as an open market or private sale (code S).
- The sale was executed by affiliated entities: Green LTF Holdings II LP sold 2,951,282 shares, LGP Associates VI-A LLC sold 4,999 shares, and LGP Associates VI-B LLC sold 49,819 shares (footnote F1).
Key Details
- Transaction date and price: May 21, 2026 — 3,006,100 shares at $32.51 per share (total $97,728,311).
- Ownership reported after the transaction (per filing footnote F2): Green LTF — 12,994,914 shares; Associates VI-A — 22,010 shares; Associates VI-B — 219,359 shares.
- Beneficial ownership note (F3): Mr. Galashan may be deemed an indirect beneficial owner of the shares held by those entities but disclaims beneficial ownership except to the extent of any pecuniary interest.
- Filing: Report filed May 26, 2026. The form does not indicate a late-filing flag in the filing text.
Context
- This was a sale of shares by entities associated with the director rather than a direct purchase; sales are often routine and do not necessarily indicate a change in company outlook. Purchases generally carry more weight as bullish signals for retail investors.
- No derivatives or option exercises were involved—this was a straightforward disposition of common stock.