Akradi Bahram 4

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.