Javaheri Parham 4
4 · Life Time Group Holdings, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Life Time (LTH) EVP Parham Receives Awards, Withholds 18,088 Shares
What Happened
- Parham Javaheri, EVP & President, Club Operations at Life Time Group Holdings (LTH), was granted a total of 104,703 performance stock units (PSUs) on Feb 25, 2026 (awards recorded at $0.00). Concurrently, 18,088 shares were surrendered/withheld to cover tax obligations at $26.47 per share, a disposition valued at approximately $478,789. The grants are PSUs (contingent rights to common shares tied to performance/time vesting), not open-market purchases or ordinary sales.
Key Details
- Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (timely filing).
- Grants (code A): 6,777; 41,169; 33,885; and 22,872 shares — total 104,703 PSUs — acquired at $0.00 per share (award).
- Tax withholding (code F): 18,088 shares disposed at $26.47 = $478,789 (to satisfy tax liability).
- Shares owned after transaction: not specified in the provided filing excerpts.
- Footnotes: Awards are performance stock units for the fiscal 2025 performance period. Based on actual results the performance condition was met, but vesting remains subject to further time/performance determinations — some PSUs vest after fiscal 2026 determinations and others after fiscal 2027 determinations.
Context
- These transactions are awards and a tax-withholding action, not an open-market sale; withholding is a common administrative step when equity awards vest and does not necessarily signal a change in investment view. PSUs are contingent and may not convert into actual shares until future performance/time conditions are satisfied.
Insider Transaction Report
Form 4
Javaheri Parham
EVP &PRESIDENT CLUB OPERATIONS
Transactions
- Award
Common Stock
2026-02-25+6,777→ 265,495 total - Award
Common Stock
2026-02-25+41,169→ 306,664 total - Tax Payment
Common Stock
2026-02-25$26.47/sh−18,088$478,789→ 288,576 total - Award
Common Stock
[F1]2026-02-25+33,885→ 322,461 total - Award
Common Stock
[F2]2026-02-25+22,872→ 345,333 total
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