Life Time (LTH) Insider Files Form 144 to Sell 8,301 Shares
Rhea-AI Filing Summary
The filing is a Form 144 notice for Life Time Group Holdings, Inc. (LTH) reporting a proposed sale of 8,301 shares of common stock through BofA Securities, Inc. with an aggregate market value of $243,883.38. The filing states the company has 219,996,102 shares outstanding and lists an approximate sale date of 09/11/2025 on the NYSE. The reported shares were acquired on 10/12/2021—either from the issuer or via automatic conversion of preferred stock—and 97,678 shares were acquired on that date by cash and/or automatic conversion. The filer reports "Nothing to Report" for sales in the past three months and includes the standard signature and attestation language.
Positive
- Full provenance disclosed: acquisition date (10/12/2021) and method (issuer issuance or automatic conversion) are provided
- No recent sales in the past three months reported ("Nothing to Report"), clarifying recent insider activity
Negative
- None.
Insights
TL;DR Form 144 notifies a planned sale of 8,301 LTH shares valued at $243,883; acquisition details and no recent sales are disclosed.
The notice is procedural: it informs the market of an insider's intent to sell restricted or control securities under Rule 144. Key facts are the share count to be sold, the broker (BofA Securities), the listed NYSE market, the acquisition date of 10/12/2021, and the absence of reported sales in the prior three months. These elements allow investors and compliance teams to track potential insider selling but provide no operational or financial performance information.
TL;DR The filing documents a routine Rule 144 sale filing with full acquisition disclosure and the standard certification attesting no undisclosed material information.
The disclosure includes the necessary provenance of the shares—original issuance or automatic conversion of preferred shares—and payment method (cash and/or conversion). The representation that there are no undisclosed material facts and the absence of recent sales are both typical in such notices. This filing is informational and compliance-oriented rather than indicative of a governance change.