Life Time director awarded 7,009 RSUs
ALSFINE JOEL reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
ALSFINE JOEL reported acquisition or exercise transactions in this Form 4 filing.
Life Time Group Holdings director Joel Alsfine received a compensation-related equity grant. He was awarded 7,009 restricted stock units (RSUs), each representing one share of common stock at no purchase price, bringing his direct holdings to 15,648 shares.
The RSUs vest on the earlier of the day immediately before the next annual stockholders meeting following the grant date or the first anniversary of the grant date, as long as he continues to serve through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 7,009 shares
Grant/Award
1 txn
Insider
ALSFINE JOEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,009 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 15,648 shares (Direct)
Footnotes (1)
- F1. Reflects an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest on the earlier of (i) the day immediately prior to the date of the annual stockholders meeting following the date of grant and (ii) the first anniversary of the grant date, subject to the Reporting Person's continuing service through such date.
Key Figures
RSU grant size: 7,009 shares
Grant price: $0.00 per share
Holdings after grant: 15,648 shares
+2 more
5 metrics
RSU grant size
7,009 shares
Restricted stock units awarded on April 22, 2026
Grant price
$0.00 per share
RSUs granted as compensation, not purchased
Holdings after grant
15,648 shares
Total direct common stock holdings following transaction
Vesting trigger
Earlier of pre-annual meeting or 1-year
RSUs vest before next annual meeting or on first anniversary, with continued service
Transaction type
Grant, award, or other acquisition
Form 4 code A, non-derivative acquisition
Key Terms
restricted stock units, RSUs, contingent right, annual stockholders meeting, +1 more
5 terms
restricted stock units financial
"Reflects an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Reflects an award of restricted stock units ("RSUs"). Each RSU represents a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
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"
vesting financial
"The RSUs will vest on the earlier of (i) the day immediately prior to the date of the annual stockholders meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Life Time Group (LTH) director Joel Alsfine report in this Form 4?
Joel Alsfine reported receiving 7,009 restricted stock units in Life Time Group. These RSUs are a stock-based compensation award, granted at no purchase price, increasing his direct holdings to 15,648 shares of the company’s common stock after the transaction.
What are the vesting terms of Joel Alsfine’s new Life Time Group (LTH) RSUs?
The RSUs vest on the earlier of two dates: the day immediately before the next annual stockholders meeting after the grant, or the first anniversary of the grant date, provided Joel Alsfine continues to serve with the company through that vesting date.
Does Joel Alsfine pay anything for the 7,009 Life Time Group (LTH) RSUs?
No, the 7,009 restricted stock units were granted at a price of $0.00 per share. They represent a stock-based compensation award rather than an open-market purchase, with actual shares delivered only if the vesting conditions are satisfied.
Are Joel Alsfine’s new Life Time Group (LTH) RSUs an open-market stock purchase?
No, these RSUs are a grant classified as a ‘Grant, award, or other acquisition.’ They are compensation-related awards, not open-market purchases, and each unit will convert into one share of common stock only after the specified vesting conditions are met.
AI-generated analysis. How Rhea-AI works. Not financial advice.
