Leonard Green & Partners, L.P. 4

What Happened
Green LTF Holdings II LP (a director-related entity) sold a total of 3,006,100 shares of Life Time Group Holdings, Inc. (LTH) on May 21, 2026. The sales broke down as: 2,951,282 shares at $32.51 each ($95,946,178), 49,819 shares at $32.51 each ($1,619,616), and 4,999 shares at $32.51 each ($162,517), for aggregate proceeds of approximately $97,728,311. These were sales (S) reported as open-market or private sale transactions — a disposition, not a purchase.

Key Details

• Transaction date and price: May 21, 2026 — all shares at $32.51 per share.
• Total shares sold: 3,006,100; total proceeds: ~$97.7 million.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Filing timeliness: Report filed May 26, 2026. Given the May 25 federal holiday (Memorial Day), the May 26 filing appears to meet the two-business-day SEC Form 4 deadline.
• Notable footnotes:
  • F1 notes these shares were sold by Green LTF.
  • F3–F4 describe a layered ownership/manager structure (Green Equity entities, GEI Capital, Leonard Green & Partners, Peridot, Associates VI-A/B) and state that multiple affiliated entities may be indirect beneficial owners or "ten percent holders."
  • F5 disclaims beneficial ownership by the reporting persons except to the extent of pecuniary interest.
  • F6–F9 reference shares sold or held by Associates VI‑A and VI‑B.
• Transaction code: S = Sale.

Context
This filing reflects institutional/affiliate selling by an entity tied to Leonard Green & Partners rather than an individual executive purchase. Sales are common and can be for many reasons (liquidity, portfolio management, fund-level redemptions) and do not by themselves indicate management sentiment about the company. The filing’s footnotes show a complex ownership structure and disclaimers about beneficial ownership; retail investors should note this is affiliated/institutional trading rather than a simple insider personal sale.