Life Time EVP sells shares after option exercise
Life Time Group Holdings EVP Eric J. Buss exercised stock options and rebalanced his holdings in company common stock.
Rhea-AI Filing Summary
Life Time Group Holdings EVP Eric J. Buss exercised stock options and rebalanced his holdings in company common stock. He exercised 512,791 shares of stock options at $10.00 per share, then had 320,574 shares withheld to cover tax obligations. He also completed an open-market sale of 192,217 shares at a weighted average price of $32.0181 per share, with individual sale prices ranging from $31.515 to $32.32. Following these transactions, Buss directly holds 474,008 shares of Life Time Group Holdings common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Buss Eric J
Role
EVP & CHIEF ADMIN. OFFICER
Sold
192,217 shs ($6.15M)
Approx. gross sale proceeds
$6.15M
Approx. exercise cost
$5.13M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 512,791 | $0.00 | $0.00 |
| Exercise | Common Stock | 512,791 | $10.00 | $5.13M |
| Exercise Price or Tax Liability | Common Stock | 320,574 | $32.16 | $10.31M |
| Sale | Common Stock | 192,217 | $32.0181 | $6.15M |
Holdings After Transaction:
Stock Option — 0 contracts (Direct);
Common Stock — 474,008 shares (Direct)
Footnotes (2)
- F1. Reflects the weighted average price of 192,217 shares of common stock of Life Time Group Holdings, Inc. sold by the reporting person in multiple transactions on May 7, 2026 with sale prices ranging from $31.515 to $32.32 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2. The stock option is fully vested and exercisable.
Key Figures
Open-market sale: 192,217 shares
Sale price (weighted average): $32.0181 per share
Options exercised: 512,791 shares at $10.00
+3 more
6 metrics
Open-market sale
192,217 shares
Common Stock sold on May 7, 2026 (Code S)
Sale price (weighted average)
$32.0181 per share
192,217 Common Stock shares sold; trades $31.515–$32.32
Options exercised
512,791 shares at $10.00
Stock option exercise into Common Stock (Code M)
Tax-withholding shares
320,574 shares at $32.16
Shares delivered to cover tax liability (Code F)
Post-transaction holdings
474,008 shares
Common Stock directly owned after all reported transactions
Option expiration date
June 8, 2026
Expiration date of exercised stock option grant
Key Terms
open-market sale, tax-withholding disposition, derivative exercise/conversion, weighted average price, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
weighted average price financial
"Reflects the weighted average price of 192,217 shares of common stock"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
stock option financial
"The stock option is fully vested and exercisable."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Life Time (LTH) executive Eric Buss do in this Form 4 filing?
Executive Eric Buss exercised stock options for 512,791 Life Time shares at $10 and then adjusted his position. He sold 192,217 shares in the open market and had 320,574 shares withheld to satisfy tax obligations related to the option exercise.
What stock options did Eric Buss exercise in Life Time (LTH)?
Buss exercised stock options covering 512,791 shares of Life Time common stock at an exercise price of $10.00 per share. The related derivative entry shows the stock option became fully exercised, with zero options remaining under that specific grant after the transaction.
What is the role of tax withholding in Eric Buss’s Life Time (LTH) Form 4?
A Form 4 entry coded "F" shows 320,574 Life Time shares were withheld to cover tax liabilities from the option exercise. This tax-withholding disposition is not an open-market sale; it represents shares delivered to satisfy tax obligations on the exercised options.
Were Eric Buss’s Life Time (LTH) trades part of a derivative transaction?
Yes. The filing shows a derivative transaction coded "M" where Buss exercised stock options for 512,791 underlying Life Time shares. A corresponding derivative line shows the stock option position reduced to zero after exercise, converting the derivative into common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
