Life Time Group (NYSE: LTH) director unloads 2.9M shares
Rhea-AI Filing Summary
Life Time Group Holdings, Inc. (LTH) director John Kristofer Galashan reported an indirect sale of 2,879,154 shares of Common Stock on 2026-08-26 at $43.80 per share. The shares were sold by related entities Green LTF Holdings II LP, LGP Associates VI-A LLC, and LGP Associates VI-B LLC. After these transactions, entities associated with Mr. Galashan reported holding 3,029,450 shares indirectly. Mr. Galashan may be deemed an indirect beneficial owner for Section 16 purposes but disclaims beneficial ownership except to the extent of his pecuniary interest.
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Insights
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Insider Trade Summary
Net Seller: 2,879,154 shares
Net Sell
1 txn
Insider
Galashan John Kristofer
Role
Director
Sold
2,879,154 shs ($126.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 2,879,154 | $43.80 | $126.11M |
Holdings After Transaction:
Common Stock — 3,029,450 shares (Indirect, See footnote.)
Footnotes (3)
- F1. Represents 2,826,651 shares of the Issuer's Common Stock, par value $0.01 per share (the "Common Stock") sold by Green LTF Holdings II LP ("Green LTF"), 4,788 shares of Common Stock sold by LGP Associates VI-A LLC ("Associates VI-A"), and 47,715 shares of Common Stock sold by LGP Associates VI-B LLC ("Associates VI-B").
- F2. Represents shares of Common Stock owned by Green LTF, Associates VI-A, and Associates VI-B. Of the shares of Common Stock reported, 2,974,207 shares are owned by Green LTF, 5,037 shares are owned by Associates VI-A, and 50,206 shares are owned by Associates VI-B.
- F3. Mr. Galashan directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the securities owned by Green LTF, Associates VI-A, and Associates VI-B. Mr. Galashan disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
Shares sold: 2,879,154 shares of Common Stock
Sale price per share: $43.80 per share
Shares held by Green LTF after transaction: 2,974,207 shares of Common Stock
+3 more
6 metrics
Shares sold
2,879,154 shares of Common Stock
Indirect sale on 2026-08-26 by entities associated with John Kristofer Galashan
Sale price per share
$43.80 per share
Price for the 2,879,154 LTH shares sold on 2026-08-26
Shares held by Green LTF after transaction
2,974,207 shares of Common Stock
Owned by Green LTF Holdings II LP following the reported sale
Shares held by Associates VI-A after transaction
5,037 shares of Common Stock
Owned by LGP Associates VI-A LLC following the reported sale
Shares held by Associates VI-B after transaction
50,206 shares of Common Stock
Owned by LGP Associates VI-B LLC following the reported sale
Total indirect shares following transaction
3,029,450 shares of Common Stock
Total Common Stock reported as owned indirectly by the three entities after the sale
Key Terms
indirect beneficial owner, pecuniary interest, Section 16 of the Securities Exchange Act of 1934, Common Stock, par value $0.01 per share, +1 more
5 terms
indirect beneficial owner regulatory
"may be deemed for purposes of Section 16 ... to be the indirect beneficial owner"
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest"
Section 16 of the Securities Exchange Act of 1934 regulatory
"may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
indirect ownership financial
"Mr. Galashan directly (whether through ownership or position) or indirectly through one or more intermediaries"
FAQ
What insider transaction did LTH director John Kristofer Galashan report?
He reported an indirect sale of 2,879,154 shares of Life Time Group Holdings, Inc. Common Stock on 2026-08-26 at $43.80 per share, executed through affiliated entities Green LTF Holdings II LP, LGP Associates VI-A LLC, and LGP Associates VI-B LLC.
Was the reported LTH sale under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan trade (aff_10b5_one is false), and the footnotes do not state that the sale was made pursuant to a Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.