Life Time EVP receives stock awards, pays taxes in shares
Life Time Group Holdings EVP & Chief Digital Officer Ritadhwaja Jebens reported multiple equity transactions in common stock.
Rhea-AI Filing Summary
Life Time Group Holdings EVP & Chief Digital Officer Ritadhwaja Jebens reported multiple equity transactions in common stock. On February 25, 2026, he acquired several grants totaling 80,790 shares at a stated price of $0.00 per share as stock awards.
On the same date, 12,663 shares were disposed of at $26.47 per share to cover tax obligations through share withholding. Following these transactions, his directly owned common stock increased over prior levels, reflecting net equity-based compensation tied to performance and time-based vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,229 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 31,766 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 12,663 | $26.47 | $335K |
| Grant/Award | Common Stock | 26,147 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 17,648 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
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What did Life Time (LTH) executive Ritadhwaja Jebens report in this Form 4?
What type of equity awards did the Life Time (LTH) executive receive?
How are the Life Time (LTH) performance stock units scheduled to vest?
What is the net effect of these transactions on the Life Time (LTH) executive’s holdings?
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