Life Time Group (NYSE: LTH) director receives 7,009 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Almendares Jimena reported acquisition or exercise transactions in this Form 4 filing.
Life Time Group Holdings director Jimena Almendares received an equity award of 7,009 restricted stock units (RSUs) of common stock. Each RSU represents a contingent right to one share. The RSUs vest on the earlier of the day before the next annual stockholders meeting or the first anniversary of grant, subject to her continued service. Following this award, she beneficially holds 77,572 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Almendares Jimena
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,009 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 77,572 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU award size: 7,009 RSUs
Price per RSU: $0.0000 per share
Shares owned after grant: 77,572 shares
+2 more
5 metrics
RSU award size
7,009 RSUs
Restricted stock unit grant to director on April 22, 2026
Price per RSU
$0.0000 per share
Reported transaction price for the RSU award
Shares owned after grant
77,572 shares
Total direct beneficial ownership following the RSU award
Vesting condition 1
Before next annual meeting
Vests the day immediately prior to next annual stockholders meeting
Vesting condition 2
First anniversary of grant
Alternative vesting trigger if later than next meeting date
Key Terms
restricted stock units ("RSUs"), contingent right, vest, annual stockholders meeting
4 terms
restricted stock units ("RSUs") financial
"Reflects an award of restricted stock units ("RSUs"). Each RSU represents a contingent right..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
vest financial
"The RSUs will vest on the earlier of (i) the day immediately prior to the date of the annual stockholders meeting..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual stockholders meeting financial
"The RSUs will vest on the earlier of (i) the day immediately prior to the date of the annual stockholders meeting..."
FAQ
What insider transaction did Life Time (LTH) director Jimena Almendares report?
Director Jimena Almendares reported receiving 7,009 restricted stock units of Life Time common stock. These RSUs are a stock-based compensation award and increase her direct beneficial ownership to 77,572 shares after the transaction, aligning her more closely with shareholder interests.
What are the key terms of the RSU award reported by Life Time (LTH)?
The award consists of 7,009 restricted stock units, each representing a contingent right to one Life Time common share. The RSUs vest on the earlier of the day immediately before the next annual stockholders meeting or the first anniversary of the grant, subject to continued service.
When will Jimena Almendares’ Life Time (LTH) RSUs vest?
The RSUs will vest on the earlier of two dates: the day immediately prior to the date of the next annual stockholders meeting after grant, or the first anniversary of the grant date, provided Jimena Almendares continues serving through the applicable vesting date.
Does the RSU grant to the Life Time (LTH) director involve any purchase price?
No cash purchase price is involved in this grant; the transaction price per share is reported as 0.0000. The 7,009 restricted stock units are a compensatory equity award, providing a contingent right to receive Life Time common shares upon vesting.