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Life Time (NYSE: LTH) holder plans more sales after 13M shares sold

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Life Time Group Holdings, Inc. (LTH) has a notice of proposed sale filed under Rule 144 for common stock held by TPG Lonestar I, L.P. The filing covers common stock, par value $0.01 per share, originally acquired from Life Time Group Holdings, Inc. and/or upon the automatic conversion of preferred stock into common stock. TPG Lonestar I, L.P. indicates an intent to sell 261,364 shares of common stock, with J.P. Morgan Securities LLC listed as broker. During the past three months, TPG Lonestar I, L.P. has already sold 22,240 shares for proceeds of $959,878.40. The remarks state that sales by this seller should be aggregated with sales by related selling stockholders, who together have filed separate Forms 144 for aggregate sales of 13,724,331 shares of common stock of Life Time Group Holdings, Inc. during the past three months.

Positive

  • None.

Negative

  • None.
Shares proposed to be sold 261,364 shares of common stock Number of shares to be sold by TPG Lonestar I, L.P. under Rule 144
Shares sold in past 3 months by TPG Lonestar I, L.P. 22,240 shares Common stock sales during the past three months
Proceeds from past 3 months sales by TPG Lonestar I, L.P. $959,878.40 Total consideration for 22,240 shares sold in the past three months
Aggregate sales by related selling stockholders 13,724,331 shares Aggregate shares of common stock sold during the past three months by the group of selling stockholders
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
automatic conversion financial
"upon the automatic conversion of shares of Preferred Stock of the Issuer"
Preferred Stock financial
"conversion of shares of Preferred Stock of the Issuer into shares of Common Stock"
Preferred stock is a type of ownership in a company that typically offers investors higher and more consistent dividend payments than common stock. Unlike regular shares, preferred stock usually doesn’t come with voting rights but provides a priority claim on the company’s assets and profits, making it a more stable and predictable investment option. This makes preferred stock attractive to those seeking steady income with lower risk.
aggregate sales financial
"filed separate Forms 144 for aggregate sales of 13,724,331 shares"

FAQ

What does the Form 144 filing mean for Life Time Group Holdings, Inc. (LTH)?

The Form 144 filing reports that TPG Lonestar I, L.P. plans to sell common stock of Life Time Group Holdings, Inc. under Rule 144. It is a notice of a proposed resale by an existing stockholder and does not represent a new issuance of shares by the company.

How many Life Time Group Holdings, Inc. (LTH) shares does TPG Lonestar I, L.P. plan to sell?

TPG Lonestar I, L.P. indicates an intent to sell 261,364 shares of Life Time Group Holdings, Inc. common stock, par value $0.01 per share, as reflected in the securities-to-be-sold section of the notice.

What sales of LTH stock has TPG Lonestar I, L.P. made in the last three months?

During the past three months, TPG Lonestar I, L.P. has sold 22,240 shares of Life Time Group Holdings, Inc. common stock for $959,878.40, as disclosed in the Form 144 section covering securities sold during the past three months.

Who is the broker for the proposed sale of Life Time Group Holdings, Inc. (LTH) shares?

The broker listed for the proposed sale of Life Time Group Holdings, Inc. common stock is J.P. Morgan Securities LLC, with its New York office identified in the filing’s securities information section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature