Coallier Donna 4
Research Summary
AI-generated summary
Life Time (LTH) Director Donna Coallier Receives RSU Award
What Happened Donna Coallier, a director of Life Time Group Holdings, Inc. (LTH), received an award of 7,009 restricted stock units (RSUs) on April 22, 2026. The Form 4 records the acquisition type as an award (code A) with a reported price of $0.00 (typical for RSU grants). Each RSU represents a contingent right to receive one share of the company’s common stock upon vesting; the award does not transfer shares to Coallier until vesting conditions are met.
Key Details
- Transaction date: 2026-04-22 (reported on Form 4 filed 2026-04-24) — filing appears timely.
- Transaction type: Award of 7,009 RSUs (Form 4 code A); reported acquisition price $0.00.
- Vesting: RSUs vest on the earlier of (i) the day before the company’s next annual meeting after the grant or (ii) the first anniversary of the grant, subject to continued service (see footnote F1).
- Shares owned after transaction: Not specified in the provided filing details.
- No sale or purchase — this is a compensation award, not an open-market trade.
Context RSU grants are a common form of director compensation and are contingent on continued service and the specified vesting schedule. Because these are unvested awards, they do not represent an immediate purchase or sale of stock and should be viewed as part of compensation rather than a direct market sentiment signal.