4Filed Aug 3, 8:00 PM ET
Life Time (LTH) CEO Bahram Akradi Sells Shares
$LTH · Life Time Group Holdings, Inc.Research Summary
AI-generated summary of this SEC filing
Life Time (LTH) CEO Bahram Akradi Sells Shares
What Happened
- Bahram Akradi, Founder & CEO and director of Life Time Group Holdings (LTH), reported large open-market sales on July 31, 2026: 433,307 shares sold at a weighted average of $45.02 totaling $19,506,571 (sale prices ranged $44.80–$45.79), and 4,950 shares sold at a weighted average of $46.03 totaling $227,863 (sale prices ranged $45.795–$46.22). The filing also shows gift entries of 6,222 shares recorded as disposed and 6,222 shares recorded as acquired (both at $0.00).
Key Details
- Transaction dates: July 31, 2026 (open-market sales and gift entries).
- Prices & amounts: 433,307 shares @ weighted avg $45.02 (range $44.80–$45.79) = $19,506,571; 4,950 shares @ weighted avg $46.03 (range $45.795–$46.22) = $227,863; gifts of 6,222 shares at $0.00.
- Total proceeds from reported sales: $19,734,434.
- Footnotes: F1 and F2 note the sales were executed at multiple prices and provide weighted averages; the reporting person offers to provide a per-price breakdown on request.
- Shares owned after transaction: not specified in the information provided in this summary.
- Filing timeliness: Form filed Aug 4, 2026 — this appears to be within the two-business-day window following the July 31 transaction.
Context
- These transactions are sales (not purchases), which are often routine (liquidity, tax planning, or diversification) and do not by themselves indicate the insider’s view of the company’s prospects. Gifts recorded in the filing do not necessarily signal market sentiment and may reflect transfers between personal accounts or to family/charitable recipients; the filing shows equal gift dispose and acquire entries for 6,222 shares. Footnotes explain the weighted-average pricing and offer detailed per-price data on request.