Partners Group funds sell 542,119 Life Time shares
Rhea-AI Filing Summary
Partners Group-affiliated investment vehicles reported share sales in Life Time Group Holdings, Inc. Entities including Partners Group Private Equity Fund, LLC, Partners Group Private Equity II, LLC, Partners Group Access 83 PF LP, and Partners Group Series Access II, LLC sold an aggregate of 542,119 shares of common stock at $28.60 per share in privately negotiated transactions exempt from registration.
These included 196,114 shares by PG PE Fund, 431 by PG PE II, 13,534 by PG Access 83 and 162,341 by PG Series 61, plus 92,732, 204 and 76,763 shares, respectively, in a separate private transaction to the issuer. After the transactions, 1,670,338 shares are directly held by PG PE Fund and 1,382,697 shares are directly held by PG Series 61.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 542,119 shares
Net Sell
2 txns
Insider
Partners Group Private Equity Fund, LLC, Partners Group Private Equity II, LLC, Partners Group Series Access II, LLC, Partners Group Access 83 PF LP
Role
Insider | Insider | Insider | Insider
Sold
542,119 shs ($15.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 372,420 | $28.60 | $10.65M |
| Sale | Common Stock | 169,699 | $28.60 | $4.85M |
Holdings After Transaction:
Common Stock — 3,178,381 shares (Indirect, See footnote)
Footnotes (5)
- F1. Represents 196,114 shares sold by Partners Group Private Equity Fund, LLC ("PG PE Fund"), 431 shares sold by Partners Group Private Equity II, LLC ("PG PE II"), 13,534 shares sold by Partners Group Access 83 PF LP ("PG Access 83"), and 162,341 shares sold by Partners Group Series Access II, LLC, Series 61 ("PG Series 61") in in each case in a private transaction exempt from registration under the Securities Act of 1933.
- F2. 1,763,070 of such shares of Common Stock are directly held by PG PE Fund, 3,875 of such shares are directly held by PG PE II, 121,675 of such shares are directly held by PG Access 83 and 1,459,460 of such shares are directly held by PG Series 61.
- F3. The investment manager of PG Master Fund is Partners Group (USA) Inc. ("PG USA"). PG USA, PG PE II, PG Access 83 and PG Series 61 are indirectly controlled by Partners Group Holding AG. Each of PG PE Fund, PG PE II, PG Access 83 and PG Series 61 disclaims beneficial ownership of any securities that it does not directly beneficially own, except to the extent of its pecuniary interest, if any, therein.
- F4. Represents 92,732 shares sold by PG PE Fund, 204 shares sold by PG PE II, and 76,763 shares sold by PG Series 61 in each case in a private transaction to the Issuer.
- F5. 1,670,338 of such shares of Common Stock are directly held by PG PE Fund, 3,671 of such shares are held directly by PG PE II, 121,675 of such shares are directly held by PG Access 83, and 1,382,697 of such shares are directly held by PG Series 61.
Key Figures
Total shares sold: 542,119 shares
Sale price: $28.60 per share
First transaction size: 169,699 shares
+5 more
8 metrics
Total shares sold
542,119 shares
Aggregate sales by Partners Group entities
Sale price
$28.60 per share
Price for both reported transactions
First transaction size
169,699 shares
Non-derivative common stock sale
Second transaction size
372,420 shares
Non-derivative common stock sale
PG PE Fund post-transaction holding
1,670,338 shares
Common stock directly held by PG PE Fund
PG Series 61 post-transaction holding
1,382,697 shares
Common stock directly held by PG Series 61
PG Access 83 holding
121,675 shares
Common stock directly held by PG Access 83
PG PE II post-transaction holding
3,671 shares
Common stock directly held by PG PE II
Key Terms
private transaction, exempt from registration under the Securities Act of 1933, beneficial ownership, pecuniary interest, +1 more
5 terms
private transaction financial
"Represents 196,114 shares sold ... in in each case in a private transaction exempt from registration"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
exempt from registration under the Securities Act of 1933 regulatory
"in a private transaction exempt from registration under the Securities Act of 1933"
beneficial ownership financial
"disclaims beneficial ownership of any securities that it does not directly beneficially own"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its pecuniary interest, if any, therein"
indirectly controlled financial
"PG USA, PG PE II, PG Access 83 and PG Series 61 are indirectly controlled by Partners Group Holding AG"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Partners Group entities report in Life Time Group Holdings (LTH) Form 4?
Partners Group investment vehicles reported selling 542,119 shares of Life Time Group Holdings common stock at $28.60 per share. The sales occurred through privately negotiated transactions exempt from registration, involving several affiliated entities that are members of a 10% owner group.
AI-generated analysis. How Rhea-AI works. Not financial advice.
