Life Time (LTH) Director John Danhakl Disposes 853,884 Shares

What Happened John G. Danhakl, a director of Life Time Group Holdings, Inc. (LTH), is reporting a disposition of 853,884 shares of Life Time common stock on August 28, 2026. The transaction is reported with a $0.00 per‑share price (no cash proceeds). Footnote details show these shares were distributed by Green LTF Holdings II LP to certain limited partners in a pro rata in‑kind distribution, not sold on the open market.

Key Details

• Transaction date: 2026-08-28 (reported on Form 4 filed 2026-09-01; filing appears timely — within two business days).
• Transaction code: J (other acquisition or disposition); reported price per share: $0.00; total proceeds: $0.
• Shares disposed: 853,884 (distributed in‑kind by Green LTF to limited partners — see footnote).
• Shares reported held by affiliated entities (as stated in the filing): 2,120,333 shares by Green LTF; 5,037 shares by LGP Associates VI-A LLC; 50,206 shares by LGP Associates VI-B LLC (aggregate 2,175,576).
• Beneficial ownership note: The filing states Mr. Danhakl 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.
• Exemption note: The in‑kind distribution receipt was treated as exempt from Section 16 under Rules 16a‑9 and 16a‑13 (per footnote).

Context This was an entity-level in‑kind distribution rather than a cash sale or purchase by the director personally. Such distributions often reflect partnership or entity restructurings and do not necessarily indicate the insider's personal view of the stock. The filing clarifies indirect ownership through affiliated entities and includes the standard disclaimer of beneficial ownership by Mr. Danhakl.