Akradi Bahram 4
4 · Life Time Group Holdings, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Life Time (LTH) CEO Akradi Receives Award, Surrenders 104K Shares
What Happened
- Akradi Bahram, Founder, CEO and Director of Life Time Group Holdings (LTH), was credited with multiple performance-based awards totaling 543,565 shares on 2026-02-25 (recorded as acquisitions at $0.00). On the same date he disposed of 104,082 shares at $26.47 per share to satisfy tax/withholding obligations, generating proceeds of $2,755,051. The awards are performance stock units (PSUs) tied to fiscal 2025 performance and further time-based vesting or future performance determinations.
Key Details
- Transaction date: 2026-02-25 (Form 4 filed 2026-02-27; appears timely)
- Grants (code A): 37,650 + 190,597 + 188,252 + 127,066 = 543,565 shares, $0.00 per share (award/vesting)
- Disposition for tax withholding (code F): 104,082 shares @ $26.47 = $2,755,051
- Shares owned after transaction: Not specified in the provided filing details
- Footnotes: PSUs were awarded based on fiscal 2025 performance; final vesting for some units is subject to future performance determinations and timing tied to fiscal 2026 and fiscal 2027 results (see F1 & F2). The disposed shares were used to cover tax liability (routine withholding), not an open-market sale for investment reasons.
- Filing timeliness: Filed two days after the transactions (no late filing flag indicated)
Context
- These transactions reflect PSU awards becoming payable/credited and a routine tax-withholding disposition. The 104,082-share disposal was to cover taxes/withholding (code F), which is common when equity awards vest; it is not the same as an open-market sale for cash. PSUs are contingent/derivative awards — their final vesting or settlement can depend on additional time- or performance-based conditions even after the performance condition is met.
Insider Transaction Report
Form 4
Akradi Bahram
DirectorFOUNDER & CEO
Transactions
- Award
Common Stock
2026-02-25+37,650→ 3,727,771 total - Award
Common Stock
2026-02-25+190,597→ 3,918,368 total - Tax Payment
Common Stock
2026-02-25$26.47/sh−104,082$2,755,051→ 3,814,286 total - Award
Common Stock
[F1]2026-02-25+188,252→ 4,002,538 total - Award
Common Stock
[F2]2026-02-25+127,066→ 4,129,604 total
Holdings
- 34,411(indirect: By Trust)
Common Stock
- 891,479(indirect: By Trust)
Common Stock
- 11,478,570(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]The reporting person was granted performance stock units, each of which represented a contingent right to receive one share of the Issuer's common stock, subject to meeting a performance condition for the fiscal 2025 performance period and further time-based vesting requirements. Based on actual performance, the performance condition was met and the shares will vest the later of (a) determination of the Issuer's performance for fiscal 2026 for the remaining performance stock units and (b) the first full trading date following the release of the Issuer's financial results for fiscal 2026.
- [F2]The reporting person was granted performance stock units, each of which represented a contingent right to receive one share of the Issuer's common stock, subject to meeting a performance condition for the fiscal 2025 performance period and further time-based vesting requirements. Based on actual performance, the performance condition was met and the shares will vest the later of (a) determination of the Issuer's performance for fiscal 2027 for the remaining performance stock units and (b) the first full trading date following the release of the Issuer's financial results for fiscal 2027.
Signature
/s/ Stuart McFarland, Attorney-in-fact|2026-02-27