DANHAKL JOHN G 4
4 · Life Time Group Holdings, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Life Time (LTH) Director John G. Danhakl Sells 2.2M Shares
What Happened
John G. Danhakl, a director of Life Time Group Holdings, reported the sale of 2,208,580 shares of Life Time common stock on June 4, 2026. The shares were sold at $28.60 each for total proceeds of $63,165,388. The filing indicates the sale involved transfers by affiliated entities and was a private transaction exempt from registration.
Key Details
- Transaction date and price: June 4, 2026 — 2,208,580 shares sold at $28.60 per share (total $63,165,388).
- Breakdown of sellers (per footnote F1): 2,168,305 shares sold by Green LTF Holdings II LP; 3,673 shares by LGP Associates VI-A LLC; 36,602 shares by LGP Associates VI-B LLC.
- Shares owned after transaction (per footnote F2): Green LTF — 10,826,609; Associates VI-A — 18,337; Associates VI-B — 182,757.
- Beneficial ownership note (footnote F3): Mr. Danhakl may be deemed an indirect beneficial owner of the securities held by those entities but disclaims beneficial ownership except to the extent of any pecuniary interest.
- Filing: Form 4 filed June 5, 2026 (reports the June 4 transaction).
- Transaction type: Reported as open-market or private sale; footnote specifies a private transaction exempt from registration under the Securities Act.
Context
This was a sale by entities affiliated with a director rather than a purchase; sales can be routine (liquidity, portfolio rebalancing, entity-level transactions) and do not, by themselves, indicate management sentiment. The filing discloses entity-level transfers and an indirect ownership relationship; it does not report option exercises, awards, or 10b5-1 plan activity in this transaction.
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. Danhakl 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. Danhakl 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.