Life Time Group (NYSE: LTH) EVP receives 27,979 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Javaheri Parham reported acquisition or exercise transactions in this Form 4 filing.
Life Time Group Holdings executive Parham Javaheri, EVP & President of Club Operations, received a grant of 27,979 restricted stock units (RSUs), each representing one share of common stock. These RSUs will vest in equal installments over three years starting on February 1, 2027. Following this award, Javaheri holds 258,718 shares of the company’s common stock in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Javaheri Parham
Role
EVP &PRESIDENT CLUB OPERATIONS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,979 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 258,718 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did LTH executive Parham Javaheri report on this Form 4?
Parham Javaheri reported receiving a grant of 27,979 restricted stock units. Each RSU represents a contingent right to one share of Life Time Group Holdings common stock, increasing his total reported holdings to 258,718 shares after the award.
How many Life Time Group Holdings (LTH) RSUs were granted to Parham Javaheri?
Parham Javaheri was granted 27,979 restricted stock units. These RSUs are a form of equity compensation that convert into shares of common stock as they vest over time, aligning the executive’s incentives with shareholder interests.
When do Parham Javaheri’s new LTH restricted stock units vest?
The restricted stock units begin vesting on February 1, 2027. They will vest ratably over three years from that date, meaning equal portions vest each year, subject to the underlying award terms and continued service conditions.
What does each LTH restricted stock unit granted to Parham Javaheri represent?
Each restricted stock unit represents a contingent right to receive one share of Life Time Group Holdings common stock. The shares are delivered only as the RSUs vest over the three-year schedule starting on February 1, 2027.
What role does Parham Javaheri hold at Life Time Group Holdings (LTH)?
Parham Javaheri serves as Executive Vice President and President of Club Operations at Life Time Group Holdings. His position is highlighted in the Form 4, which reports the equity award of restricted stock units tied to the company’s common stock.