Leonard Green & Partners, L.P. 4
Research Summary
AI-generated summary
Life Time (LTH) Director Green LTF Sells 2.21M Shares
What Happened
- Green LTF Holdings II LP (a director-related reporting entity) sold a total of 2,208,580 shares of Life Time Group Holdings, Inc. (LTH) on June 4, 2026. The sales were executed at $28.60 per share, producing gross proceeds of approximately $63,165,388. The transactions are reported as sales (S) and were private transactions exempt from registration under the Securities Act.
Key Details
- Transaction date: 2026-06-04; Filing date: 2026-06-05 (timely filing).
- Sales broken out in the filing: 2,168,305 shares ($62,013,523), 36,602 shares ($1,046,817), and 3,673 shares ($105,048) — all at $28.60 per share.
- Total shares sold: 2,208,580; Total proceeds: ~$63.17 million.
- The filing notes related affiliates (Associates VI‑A, Associates VI‑B, GEI VI, GEI Side VI, Holdings, Capital, LGP, LGPM, Peridot) may be deemed indirect beneficial owners or 10% holders; some portions of the sales are described as by affiliated entities and were private/exempt transactions (footnotes F1, F6, F8).
- The reporting persons disclaim beneficial ownership except to the extent of pecuniary interest (footnote F5). The filing does not list the exact number of shares held by Green LTF after these transactions in the provided excerpt.
Context
- These were sales by an institutional/affiliate reporting group (Leonard Green & Partners–related entities), not an individual executive purchase. Such affiliate/private sales often reflect fund or portfolio actions rather than a company insider expressing a view on near-term prospects.
- Because the trades were private and exempt from registration, they were not open-market block trades; that can affect visibility and timing compared with public market sales.