Partners Group Private Equity Fund, LLC 4
4 · Life Time Group Holdings, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Life Time (LTH) 10% Owner Partners Group Sells 329,921 Shares
What Happened
Partners Group Private Equity Fund, LLC (part of Partners Group and a reported 10% owner) sold a total of 329,921 shares of Life Time Group Holdings, Inc. (LTH) on June 4, 2026. The shares were sold at $28.60 each for total proceeds of $9,435,741. This was a sale (not a purchase or option exercise) executed as private transactions exempt from registration.
Key Details
- Transaction type: Sale (code S) — open market or private sale reported on 2026-06-04; filing date 2026-06-05 (timely).
- Price and value: 329,921 shares at $28.60 per share; proceeds = $9,435,741.
- Allocation of sold shares (per filing footnote): 173,733 sold by PG PE Fund; 382 by PG PE II; 11,990 by PG Access 83; 143,816 by PG Series 61.
- Shares owned after transaction (direct holdings by each reporting entity):
- PG PE Fund: 693,739 shares remaining (867,472 before)
- PG PE II: 1,524 remaining (1,906 before)
- PG Access 83: 51,866 remaining (63,856 before)
- PG Series 61: 574,272 remaining (718,088 before)
- Total remaining across these entities: 1,321,401 shares (down from 1,651,322).
- Footnotes: Sales were private transactions exempt from registration under the Securities Act (F1). Reporting entities are managed/controlled through Partners Group structures and disclaim beneficial ownership beyond direct pecuniary interest (F2–F3).
- Filing timeliness: Report filed the next day (not marked late).
Context
- This filing reflects institutional selling by a large investor group (Partners Group entities), not an individual company executive; such institutional disposals can be for many reasons and are not direct statements about company performance.
- The sales were done via private transactions (per footnote), not necessarily open-market block trades; the filing also notes a stockholders agreement and a Partners Group affiliate representative on Life Time's board.
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-06-04$28.60/sh−329,921$9,435,741→ 1,651,322 total(indirect: See footnote)
Footnotes (3)
- [F1]Represents 173,733 shares sold by Partners Group Private Equity Fund, LLC ("PG PE Fund"), 382 shares sold by Partners Group Private Equity II, LLC ("PG PE II"), 11,990 shares sold by Partners Group Access 83 PF LP ("PG Access 83"), and 143,816 shares sold by Partners Group Series Access II, LLC, Series 61 ("PG Series 61"), in each case in a private transaction exempt from registration under the Securities Act of 1933.
- [F2]867,472 of such shares of Common Stock are directly held by PG PE Fund, 1,906 of such shares are directly held by PG PE II, 63,856 of such shares are directly held by PG Access 83 and 718,088 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.