4Filed Aug 11, 8:00 PM ET
Life Time (LTH) Director Green LTF Sells 5.12M Shares
$LTH · Life Time Group Holdings, Inc.Research Summary
AI-generated summary of this SEC filing
Life Time (LTH) Director Green LTF Sells 5.12M Shares
What Happened
- Green LTF Holdings II LP, reported as a director-affiliated reporting person for Life Time Group Holdings, Inc. (LTH), sold a total of 5,119,099 shares in open-market transactions on August 10, 2026. The sales occurred at $43.16 per share and generated aggregate proceeds of about $220.94 million.
- Breakdown: 5,025,751 shares sold for $216,911,413; 84,836 shares sold for $3,661,522; 8,512 shares sold for $367,378. All transactions are coded as sales (S) — this is a disposition, not a purchase.
Key Details
- Transaction date: August 10, 2026. Form 4 filed August 12, 2026 (within the typical 2-business-day reporting window for Section 16 filers).
- Price: $43.16 per share for all reported tranches.
- Total shares sold: 5,119,099; total proceeds: ~$220.94 million.
- Shares owned after transaction: not specified in the excerpt provided — check the full Form 4 for post-transaction holdings.
- Footnotes highlight complex ownership: Green LTF is linked to several affiliated partnerships and managers (GEI VI, GEI Side VI, GEI Capital VI, LGP and related entities). These entities disclaim beneficial ownership except to the extent of pecuniary interest; multiple entities may be deemed indirect beneficial owners of the reported shares.
- Reporting classification: institutional/affiliate entity tied to board members (Messrs. Danhakl and Galashan are LGP partners and board members), so this is institutional/director-related selling rather than a single executive's personal trade.
Context
- Sales of this size by an affiliated/insider entity are material in dollar terms but do not itself indicate company performance or management sentiment; Form 4s are disclosure documents only.
- Because this is an institutional/director-related sale (not a purchase), it is typically a liquidity/portfolio action rather than a bullish signal. Retail investors should consider this alongside other insider filings, company fundamentals, and market conditions.