Life Time (LTH) CFO Erik Weaver Exercises Options, Sells Shares

What Happened

• Erik Weaver, Chief Financial Officer of Life Time Group Holdings (LTH), exercised stock options and sold shares on July 31, 2026. The filing shows exercised purchases of 15,000 shares at $19.32 ($289,800) and 7,500 shares at $17.59 ($131,925) — total cash paid $421,725 — and an open‑market sale of 47,748 shares at $44.80 for $2,139,110.
• The same filing also reports derivative dispositions of 15,000 and 7,500 shares at $0.00 (reported as derivative disposals). Transactions are reported under codes: M = exercise/conversion of derivative, S = sale.

Key Details

• Transaction date: 2026-07-31; Form 4 filed 2026-08-04 (within required reporting window).
• Exercises acquired: 22,500 shares (15,000 @ $19.32 and 7,500 @ $17.59); total exercise cost $421,725.
• Open‑market sale: 47,748 shares @ $44.80 = $2,139,110 in proceeds.
• Derivative dispositions: 15,000 and 7,500 shares reported disposed at $0.00 (reported as M dispositions).
• Shares owned after the transactions: not specified in the summary information provided.
• Footnotes: F1 indicates one option is fully vested and exercisable; F2 indicates another option vests in four equal annual installments beginning March 1, 2024.

Context

• The filing shows both option exercises and same‑day sales plus derivative disposals at $0.00. This pattern is commonly seen when options are exercised and some shares are immediately surrendered or withheld (e.g., to cover exercise cost or taxes) while other shares are sold in the open market. The Form 4 does not state an insider plan (10b5‑1) for these trades, and the filing was made within the reporting deadline.