Javaheri Parham 4

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.