Life Time Group (NYSE: LTH) CEO receives stock awards and withholds shares for taxes
Rhea-AI Filing Summary
Life Time Group Holdings, Inc. founder and CEO Bahram Akradi reported multiple equity award transactions in the company’s common stock on February 25, 2026. Several “A” code entries reflect stock granted at a price of $0.00 per share as part of compensation awards.
The filing also shows an “F” code tax-withholding disposition of 104,082 shares at $26.47 per share to satisfy taxes or exercise costs. After these direct transactions, he held 4,129,604 shares directly, with additional indirect holdings through family and revocable trusts.
Footnotes explain that the awards relate to performance stock units that vested based on fiscal 2025 performance and will settle in shares after further time-based vesting and later performance determinations for fiscal 2026 and 2027, tied to when the company releases those fiscal results.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 37,650 | $0.00 | -- |
| Grant/Award | Common Stock | 190,597 | $0.00 | -- |
| Tax Withholding | Common Stock | 104,082 | $26.47 | $2.76M |
| Grant/Award | Common Stock | 188,252 | $0.00 | -- |
| Grant/Award | Common Stock | 127,066 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reporting person was granted performance stock units, each of which represented a contingent right to receive one share of the Issuer's common stock, subject to meeting a performance condition for the fiscal 2025 performance period and further time-based vesting requirements. Based on actual performance, the performance condition was met and the shares will vest the later of (a) determination of the Issuer's performance for fiscal 2026 for the remaining performance stock units and (b) the first full trading date following the release of the Issuer's financial results for fiscal 2026. The reporting person was granted performance stock units, each of which represented a contingent right to receive one share of the Issuer's common stock, subject to meeting a performance condition for the fiscal 2025 performance period and further time-based vesting requirements. Based on actual performance, the performance condition was met and the shares will vest the later of (a) determination of the Issuer's performance for fiscal 2027 for the remaining performance stock units and (b) the first full trading date following the release of the Issuer's financial results for fiscal 2027.