Singh Ritadhwaja Jebens 4
Research Summary
AI-generated summary
Life Time (LTH) EVP Singh Ritadhwaja Jebens Sells Shares
What Happened
Singh Ritadhwaja Jebens, EVP & Chief Digital Officer of Life Time Group Holdings (LTH), disposed of a total of 8,823 shares in early February 2026. On 2026-02-01, 2,943 shares were disposed (code F) at $29.17 each to satisfy an exercise price or tax liability (total $85,847). On 2026-02-03, 5,880 shares were sold in an open-market transaction (code S) at $30.31 each for $178,223. Combined proceeds from these dispositions were about $264,070. These actions were sales (routine disposition), not purchases.
Key Details
- Transaction dates & prices:
- 2026-02-01: 2,943 shares @ $29.17 (code F) — $85,847
- 2026-02-03: 5,880 shares @ $30.31 (code S) — $178,223
- Total shares disposed: 8,823; total cash proceeds ≈ $264,070.
- Shares owned after the transactions: not disclosed in the information provided in this summary.
- Footnote: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on June 13, 2025.
- Filing: Report filed 2026-02-03 covering the 2026-02-01 transaction; filing appears timely (Form 4 is generally due within two business days).
Context
- Code F typically indicates shares were withheld or sold to cover exercise price or tax liability following an option exercise; this filing shows a tax/withholding disposition plus a separate open‑market sale.
- The 10b5‑1 plan note means the open‑market sale (and possibly the withholding sale) was made under a prearranged trading plan, which is designed to avoid trading based on inside information.
- These are sales (common insider liquidity activity); such transactions are routine and do not by themselves indicate company performance or insider sentiment.