Life Time Group (NYSE: LTH) EVP logs routine tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life Time Group Holdings EVP & Chief Digital Officer Ritadhwaja Jebens reported a routine tax-withholding transaction in company common stock. On this Form 4, 2,851 shares were disposed of at $26.67 per share to cover tax obligations, and Jebens now directly holds 178,553 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singh Ritadhwaja Jebens
Role
EVP & CHIEF DIGITAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,851 | $26.67 | $76K |
Holdings After Transaction:
Common Stock — 178,553 shares (Direct, null)
Footnotes (1)
Key Figures
Shares withheld for taxes: 2,851 shares
Price per share: $26.67 per share
Shares held after transaction: 178,553 shares
3 metrics
Shares withheld for taxes
2,851 shares
Tax-withholding disposition of common stock
Price per share
$26.67 per share
Value used for tax-withholding disposition
Shares held after transaction
178,553 shares
Direct holdings following Form 4 event
Key Terms
tax-withholding disposition, Common Stock, Form 4
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for code F"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock" in the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing the transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did LTH executive Ritadhwaja Jebens report?
Ritadhwaja Jebens reported a tax-related share disposition. 2,851 shares of Life Time Group Holdings common stock were withheld at $26.67 per share to satisfy tax obligations, a routine administrative event rather than an open-market sale.
What does transaction code F mean in the LTH Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 2,851 LTH shares were used to satisfy tax obligations, classed as a tax-withholding disposition rather than an open-market trade.
Does the LTH Form 4 indicate any derivative exercises by the executive?
No, the filing’s derivativeSummary is empty and exercise-related counts in the transaction summary are zero. The only reported event is a tax-withholding disposition of common stock, with no option or other derivative exercises disclosed in this Form 4.