Buss Eric J 4
Research Summary
AI-generated summary
Life Time (LTH) EVP Eric Buss Surrenders 12,997 Shares to Cover Taxes
What Happened
Eric J. Buss, EVP & Chief Administrative Officer of Life Time Group Holdings (LTH), surrendered 12,997 shares on 2026-02-28 to satisfy tax obligations. The shares were valued at $27.00 each, for a total of approximately $350,919. This transaction is recorded as tax withholding (disposition), not an open-market sale.
Key Details
- Transaction date: 2026-02-28; Filing date: 2026-03-03 (Form 4 accession 0001295458-26-000008).
- Price per share: $27.00; Shares surrendered: 12,997; Total value: ~$350,919.
- Transaction code: F (payment of exercise price or tax liability) — shares were withheld/retired to cover taxes.
- Reported as "Disposed" (withheld), not an open-market sale.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No late-filing flag noted in the provided information.
Context
Tax-withholding share dispositions are a routine way executives satisfy withholding from option exercises or restricted stock vesting. Such transactions are administrative and do not necessarily indicate the insider’s view on the company’s stock. For retail investors, purchases and open-market sales typically carry more signal value than tax-withholding disposals.