Buss Eric J 4

What Happened

• Eric J. Buss, EVP & Chief Administrative Officer of Life Time Group Holdings (LTH), exercised 512,791 fully vested stock options on May 7, 2026 at a $10.00 strike (cost $5,127,910). To cover exercise price and tax withholding, 320,574 shares were withheld/disposed (valued at ~$10,309,660) and 192,217 shares were sold in the open market (proceeds ~$6,154,423). The withheld + sold shares equal the exercised shares, indicating a cashless exercise.

Key Details

• Transaction date: May 7, 2026; Form filed May 8, 2026 (timely filing).
• Option exercise: 512,791 shares @ $10.00 (code M); option is fully vested (footnote F2).
• Tax/withholding disposition: 320,574 shares @ weighted avg $32.16 (code F) — $10,309,660.
• Open-market sale: 192,217 shares @ weighted avg $32.02 (code S) — $6,154,423. Footnote F1 notes sale prices ranged $31.515–$32.32 and the filer can provide per-price details on request.
• Shares owned after the transaction: not stated in the filing.
• Filing not reported as late.

Context

• This was a common cashless exercise of vested options: the insider exercised options and used a combination of share withholding and open-market sales to cover the exercise cost and tax withholding. This type of transaction is administrative and does not alone indicate a change in insider sentiment.