Life Time (NYSE: LTH) CFO reports small tax-related share sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life Time Group Holdings EVP & Chief Financial Officer Erik Weaver reported two transactions in company common stock. On February 1, 2026, 2,501 shares were withheld at $29.17 per share, typically reflecting shares surrendered to cover obligations.
On February 3, 2026, Weaver sold 1,493 shares at an average price of $29.9042 per share. According to the filing, this sale was mandated by the issuer’s award agreement to satisfy tax withholding through a sell-to-cover transaction. After these moves, he directly holds 77,771 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,493 shares ($44,647)
Net Sell
2 txns
Insider
Weaver Erik
Role
EVP & Chief Financial Officer
Sold
1,493 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,493 | $29.9042 | $45K |
| Tax Withholding | Common Stock | 2,501 | $29.17 | $73K |
Holdings After Transaction:
Common Stock — 77,771 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Erik Weaver report for Life Time Group Holdings (LTH)?
Erik Weaver reported two transactions in Life Time Group Holdings common stock. On February 1, 2026, 2,501 shares were withheld at $29.17. On February 3, 2026, 1,493 shares were sold at an average price of $29.9042 under a mandated sell-to-cover arrangement.
On what dates did the reported Life Time Group Holdings (LTH) insider trades occur?
The insider trades occurred on two dates in 2026. On February 1, 2026, 2,501 shares were withheld. On February 3, 2026, 1,493 shares were sold in the market, as disclosed in the Form 4 filing for Erik Weaver.
What was the purpose of the sell-to-cover transaction in Life Time Group Holdings (LTH) stock?
The filing states the sale was mandated by the issuer’s award agreement to satisfy tax withholding obligations. This means 1,493 shares were sold on February 3, 2026 in a sell-to-cover transaction specifically to cover taxes tied to equity compensation.
Were Erik Weaver’s Life Time Group Holdings (LTH) insider transactions direct or indirect holdings?
Both reported transactions involved direct holdings of Life Time Group Holdings common stock. The Form 4 lists the ownership form as “D” for direct, and there is no indication in the filing that the shares were held through an intermediate entity or trust.