Life Time (LTH) Director-Linked Green LTF Sells 2.88M Shares

What Happened

• Green LTF Holdings II LP, an entity linked to members of Life Time Group Holdings' board (via Leonard Green & Partners affiliates), sold a total of 2,879,154 shares of Life Time common stock in open‑market transactions on August 26, 2026. The sales were executed at $43.80 per share in three lots: 2,826,651 shares ($123,807,314), 47,715 shares ($2,089,917), and 4,788 shares ($209,714), totaling approximately $126,106,945. This was a sale (disposition) rather than a purchase — sales can be routine for investors or funds and do not by themselves indicate management sentiment.

Key Details

• Transaction date: August 26, 2026; Form 4 filed August 28, 2026 (appears timely).
• Price: $43.80 per share.
• Shares sold: 2,826,651; 47,715; and 4,788 (total 2,879,154).
• Total proceeds: ~$126,106,945.
• Shares owned after the transaction: not specified in the provided filing details.
• Notable footnotes: multiple affiliated entities are reported (Green LTF, Associates VI‑A/B, GEI VI, GEI Side VI, Holdings, Capital, LGP, LGPM, Peridot). The filing states these entities may be deemed indirect beneficial owners of the reported shares and disclaims beneficial ownership except for pecuniary interest.
• Reporting persons/board link: Messrs. John Danhakl and J. Kristofer Galashan are board members and partners of LGP; the LGP entities may be deemed directors for Section 16 purposes.

Context

• This is an institutional/affiliate sale through an entity tied to private equity affiliates (not an individual executive exercising options or receiving awards). Such fund or partner sales often reflect portfolio or liquidity management rather than a company-specific judgment by the CEO/CFO.
• No indication of options exercise, gift, or 10b5‑1 plan in the filing. No late‑filing flag indicated in the provided data.