Lasher Stuart G. 4

What Happened

• Director Stuart G. Lasher exercised 150,000 stock options to acquire 150,000 shares of Life Time Group Holdings (LTH) on May 7, 2026, paying $10.00 per share ($1,500,000 total).
• To cover tax/withholding obligations, 44,590 shares were withheld at a reported weighted-average price of $33.64 per share (value ~$1,500,008). He also sold 50,000 shares in open-market transactions (sale proceeds reported ~$1,621,135; prices ranged $32.24–$32.47).
• The filing also lists a technical disposition of 150,000 derivative units at $0, which reflects conversion/cancellation of the exercised options.

Key Details

• Transaction date: May 7, 2026; Form 4 filed May 8, 2026 (timely filing).
• Exercise: 150,000 shares at $10.00 each (total exercise cost $1,500,000).
• Tax/payment withholding: 44,590 shares at $33.64 (value ~$1,500,008) — footnote confirms multiple sale prices for the withheld/sold shares.
• Open-market sale: 50,000 shares, proceeds ~$1,621,135 (prices ranged $32.24–$32.47; reporting person can provide per-price breakdown per footnote).
• Option status: footnote indicates the stock option was fully vested and exercisable.
• Shares owned after transaction: filing does not state total beneficial ownership; implied net shares retained from these entries = 55,410 shares (150,000 acquired − 44,590 withheld − 50,000 sold).

Context

• This was an option exercise with partial immediate disposition to cover taxes and a separate open-market sale. The exercise was not reported as a cashless exercise; the reporting person paid the exercise price in cash and used share withholding to cover tax obligations.
• Such transactions are common for executives/directors exercising vested options and do not, by themselves, indicate the insider’s long-term view.