Weaver Erik 4
Research Summary
AI-generated summary
Life Time (LTH) CFO Erik Weaver Sells 22,000 Shares
What Happened
- Erik Weaver, Chief Financial Officer of Life Time Group Holdings, Inc. (LTH), sold 22,000 shares of LTH common stock on May 7, 2026. The filing reports a weighted average price of $32.69 per share for total proceeds of approximately $719,202. The transaction is reported as a sale (disposition), not a purchase.
Key Details
- Transaction date: May 7, 2026 (filed May 8, 2026).
- Price(s): weighted average $32.69; reported sale prices ranged from $32.69 to $32.72 per share (per footnote).
- Shares sold: 22,000; total reported proceeds ≈ $719,202.
- Shares owned after transaction: not specified in the information provided.
- Footnote: the weighted average reflects multiple transactions at slightly different prices; the reporting person will provide a breakdown of the number of shares sold at each price upon request by the SEC, the issuer, or a security holder.
- Timeliness: filing was submitted the day after the transaction (appears timely based on provided dates).
Context
- This was an open-market/private sale (disposition). Sales by executives are often routine (liquidity, diversification, or tax reasons) and do not by themselves indicate company performance; purchases typically carry clearer positive signaling. No 10b5-1 plan, option exercise, tax-withholding, or other special notation was disclosed in the provided filing details.