Galashan John Kristofer 4
4 · Life Time Group Holdings, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Life Time (LTH) Director John Galashan Sells 2.21M Shares
What Happened John Kristofer Galashan, a director of Life Time Group Holdings, sold a total of 2,208,580 shares (reported as a sale) at $28.60 per share on June 4, 2026, generating proceeds of approximately $63,165,388. The disposal was reported as a private transaction exempt from registration under the Securities Act.
Key Details
- Transaction date and price: 2026-06-04 at $28.60 per share; total proceeds ≈ $63.17M.
- Breakdown of shares sold (footnote): 2,168,305 shares sold by Green LTF Holdings II LP; 3,673 by LGP Associates VI-A LLC; 36,602 by LGP Associates VI-B LLC.
- Reported post-transaction holdings (footnote): Green LTF — 10,826,609 shares; Associates VI-A — 18,337 shares; Associates VI-B — 182,757 shares.
- Beneficial ownership note: 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: Form 4 filed 2026-06-05 for a 2026-06-04 transaction (filed promptly).
Context This report documents a sale (not a purchase or option exercise). Sales by insiders can be routine or driven by entity-level decisions; the filing shows the shares were sold by affiliated entities in a private exempt transaction rather than a straightforward open-market sale by Mr. Galashan personally. Retail investors should view this as factual disclosure of insider selling and consider it alongside broader company fundamentals and other insider activity.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-06-04$28.60/sh−2,208,580$63,165,388→ 11,027,703 total(indirect: See footnote.)
Footnotes (3)
- [F1]Represents 2,168,305 shares of the Issuer's Common Stock, par value $0.01 per share (the "Common Stock") sold by Green LTF Holdings II LP ("Green LTF"), 3,673 shares of Common Stock sold by LGP Associates VI-A LLC ("Associates VI-A"), and 36,602 shares of Common Stock sold by LGP Associates VI-B LLC ("Associates VI-B"), in each case in a private transaction exempt from registration under the Securities Act of 1933.
- [F2]Represents shares of Common Stock owned by Green LTF, Associates VI-A, and Associates VI-B. Of the shares of Common Stock reported, 10,826,609 shares are owned by Green LTF, 18,337 shares are owned by Associates VI-A, and 182,757 shares are owned by Associates VI-B.
- [F3]Mr. Galashan directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the securities owned by Green LTF, Associates VI-A, and Associates VI-B. Mr. Galashan disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.