Weaver Erik 4
4 · Life Time Group Holdings, Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Life Time (LTH) CFO Erik Weaver Sells Shares
What Happened Erik Weaver, Chief Financial Officer of Life Time Group Holdings, sold a total of 3,994 shares in two transactions in early February 2026. On 2026-02-01 he disposed of 2,501 shares at $29.17 each for $72,954 (sell-to-cover to satisfy tax withholding). On 2026-02-03 he sold 1,493 shares in an open-market sale at $29.90 each for $44,647. All activity were sales (not purchases).
Key Details
- Transactions:
- 2026-02-01: 2,501 shares disposed at $29.17 — $72,954 (sell-to-cover for taxes; footnote F1).
- 2026-02-03: 1,493 shares sold open market at $29.90 — $44,647.
- Total sold: 3,994 shares for approximately $117,601.
- Shares owned after the transactions: not specified in the provided filing.
- Footnote: F1 — the 2,501-share sale was mandated by the issuer’s award agreement to satisfy tax withholding via a sell-to-cover transaction.
- Filing: Form 4 filed 2026-02-03; filing appears timely (within the standard two-business-day window).
Context A sell-to-cover is a routine transaction used to pay tax withholding when equity awards vest or options are exercised; it does not necessarily indicate a change in the insider’s view of the company. Open-market sales can reflect personal liquidity or diversification needs and are common for executives. Purchases generally carry more weight as signals of insider conviction; these filings document routine sales.
Insider Transaction Report
- Tax Payment
Common Stock
2026-02-01$29.17/sh−2,501$72,954→ 79,264 total - Sale
Common Stock
[F1]2026-02-03$29.90/sh−1,493$44,647→ 77,771 total
Footnotes (1)
- [F1]The sale was mandated by the issuer's award agreement to satisfy tax withholding obligations by a sell-to-cover transaction.