Life Time (LTH) EVP boosts stake with stock grants, uses shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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
5 transactions reported
Mixed
5 txns
Insider
Singh Ritadhwaja Jebens
Role
EVP & CHIEF DIGITAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,229 | $0.00 | -- |
| Grant/Award | Common Stock | 31,766 | $0.00 | -- |
| Tax Withholding | Common Stock | 12,663 | $26.47 | $335K |
| Grant/Award | Common Stock | 26,147 | $0.00 | -- |
| Grant/Award | Common Stock | 17,648 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 128,961 shares (Direct)
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.
FAQ
What did Life Time (LTH) executive Ritadhwaja Jebens report in this Form 4?
Ritadhwaja Jebens reported receiving multiple stock awards and a tax-related share disposition. He was granted 80,790 common shares at $0.00 per share and had 12,663 shares withheld at $26.47 per share to satisfy tax liabilities tied to these awards.
What type of equity awards did the Life Time (LTH) executive receive?
He received performance stock units that convert into common shares when conditions are met. Each unit represents a right to one share, subject to fiscal 2025 performance targets and additional time-based vesting conditions tied to later fiscal years’ performance assessments.
How are the Life Time (LTH) performance stock units scheduled to vest?
The footnotes state shares vest after performance and time-based conditions are met. Vesting occurs the later of specific performance determinations for fiscal 2026 or 2027 and the first full trading day following release of the company’s financial results for those fiscal years.
What is the net effect of these transactions on the Life Time (LTH) executive’s holdings?
The combination of grant acquisitions and tax-withholding disposal results in a net increase in directly owned common shares. While 12,663 shares were used for taxes, the 80,790 granted shares increased his total equity stake in the company overall.