Life Time (NYSE: LTH) backer moves to sell more shares after $138M recent sale
Rhea-AI Filing Summary
Life Time Group Holdings, Inc. (LTH) has a notice of proposed resale of its common stock filed on behalf of stockholder TPG VII Magni SPV, L.P. under Rule 144. The filing covers a proposed sale of 1,801,336 shares of common stock through J.P. Morgan Securities LLC, with an aggregate market value of $80,249,518.80. Shares of common stock outstanding were reported as 223,461,948 as of the notice date; this is a baseline figure, not the amount being sold.
TPG VII Magni SPV, L.P. reported prior sales over the past three months of 3,202,754 shares of LTH common stock for $138,230,862.64. The remarks state that sales by this seller are to be aggregated with several related selling stockholders, who together have filed notices for aggregate sales of 13,724,331 shares of LTH common stock during the past three months.
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Key Figures
Key Terms
Rule 144 regulatory
automatic conversion financial
Preferred Stock financial
aggregate market value financial
Selling Stockholders regulatory
FAQ
What total recent sales by the broader selling group in Life Time Group Holdings (LTH) are disclosed?
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