Life Time Group (LTH) EVP receives stock grants, disposes shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life Time Group Holdings executive Eric J. Buss reported mixed equity transactions involving company common stock. On February 25, 2026, he acquired several blocks of common shares through grants or awards at no cost, increasing his direct holdings. On the same date, he disposed of 17,062 shares at $26.47 per share to satisfy tax obligations associated with these equity awards. Footnotes explain that the underlying performance stock units vested after meeting performance conditions for the fiscal 2025 period, with the resulting shares subject to additional time-based vesting tied to the company’s fiscal 2026 and 2027 performance measurement and financial results release dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Buss Eric J
Role
EVP & CHIEF ADMIN. OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,484 | $0.00 | -- |
| Grant/Award | Common Stock | 39,390 | $0.00 | -- |
| Tax Withholding | Common Stock | 17,062 | $26.47 | $452K |
| Grant/Award | Common Stock | 32,422 | $0.00 | -- |
| Grant/Award | Common Stock | 21,884 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 410,371 shares (Direct)
Footnotes (1)
- The reporting person was granted performance stock units, each of which represented a contingent right to receive one share of the Issuer's common stock, subject to meeting a performance condition for the fiscal 2025 performance period and further time-based vesting requirements. Based on actual performance, the performance condition was met and the shares will vest the later of (a) determination of the Issuer's performance for fiscal 2026 for the remaining performance stock units and (b) the first full trading date following the release of the Issuer's financial results for fiscal 2026. The reporting person was granted performance stock units, each of which represented a contingent right to receive one share of the Issuer's common stock, subject to meeting a performance condition for the fiscal 2025 performance period and further time-based vesting requirements. Based on actual performance, the performance condition was met and the shares will vest the later of (a) determination of the Issuer's performance for fiscal 2027 for the remaining performance stock units and (b) the first full trading date following the release of the Issuer's financial results for fiscal 2027.
FAQ
What insider transactions did LTH executive Eric J. Buss report on February 25, 2026?
Eric J. Buss reported several equity award grants in Life Time Group Holdings common stock and one related tax-withholding disposition on February 25, 2026. Multiple stock grants were acquired at no cost, while 17,062 shares were disposed of at $26.47 per share to cover tax obligations.
Was the Life Time Group (LTH) Form 4 transaction a stock sale by Eric J. Buss?
The Form 4 shows a tax-withholding disposition, not an open-market sale. Buss disposed of 17,062 common shares at $26.47 per share to satisfy tax liabilities linked to equity awards, while also receiving several no-cost stock grants that increased his direct holdings overall.
What type of equity awards did LTH grant to Eric J. Buss in the reported Form 4?
The filing references performance stock units that convert into common shares upon meeting performance conditions. Each unit represents a right to receive one share, subject to fiscal 2025 performance tests and additional time-based vesting tied to Life Time Group’s fiscal 2026 and 2027 performance assessments and results releases.
Do the Life Time Group (LTH) performance stock units for Eric J. Buss vest immediately?
The performance condition for the fiscal 2025 period has been met, but vesting is further delayed. The shares vest later, after determining company performance for fiscal 2026 or 2027 and the first full trading day following release of those fiscal results, depending on the specific award tranche.
Did Eric J. Buss increase his direct ownership of Life Time Group (LTH) stock in this Form 4?
Yes, his direct ownership increased due to multiple no-cost stock grants, despite a tax-withholding disposition. The transactions show several acquisitions of common stock awards and one sale of 17,062 shares solely to cover tax obligations tied to those equity incentives.