Weaver Erik 4

What Happened

• Erik Weaver, Chief Financial Officer of Life Time Group Holdings (LTH), was granted a total of 41,507 shares as awards on 2026-02-25 (two awards: 26,683 and 14,824 shares; recorded at $0.00). On the same date, 8,553 shares were surrendered/ disposed to satisfy tax withholding at $26.47 per share, totaling $226,398.
• The awards are performance stock units (PSUs) — the performance condition for the fiscal 2025 period was met, but the shares remain subject to additional time-based vesting and future performance determinations (see footnote). The withholding is a routine tax-payment action, not an open-market sale.

Key Details

• Transaction date: 2026-02-25; Form filed 2026-02-27 (reported promptly).
• Grants: 26,683 and 14,824 shares (A) at $0.00; Withholding: 8,553 shares (F) at $26.47 = $226,398.
• Total awarded: 41,507 performance shares; 8,553 shares withheld to satisfy tax liability.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: These were PSUs tied to fiscal 2025 performance; although performance was met, remaining vesting is contingent on timing/ further performance determinations through fiscal 2027.
• Filing does not indicate a 10% owner or a 10b5-1 plan; withholding (F) is standard for tax liabilities.

Context

• This was an award/vesting event, not an open-market purchase or sale — awards are common executive compensation and the withheld shares are used to cover taxes rather than indicating a directional bet on the stock.
• For retail investors, grants signal compensation alignment with company performance goals, but because these PSUs remain subject to time-based vesting and further conditions, they do not represent immediately tradeable shares.