Life Time EVP granted stock; shares withheld for tax
Life Time Group Holdings EVP & President, Club Operations Parham Javaheri reported multiple equity awards and a related tax share withholding.
Rhea-AI Filing Summary
Life Time Group Holdings EVP & President, Club Operations Parham Javaheri reported multiple equity awards and a related tax share withholding. On February 25, 2026, he acquired a total of 104,703 shares of common stock through several stock grants at a price of $0.00 per share. In a separate transaction, 18,088 shares were disposed of at $26.47 per share to cover tax obligations. Footnotes explain that the awards are performance stock units tied to the company’s fiscal 2025 performance period, with shares scheduled to vest based on additional time-based and performance conditions related to fiscal 2026 and fiscal 2027 results.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,777 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 41,169 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 18,088 | $26.47 | $479K |
| Grant/Award | Common Stock | 33,885 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 22,872 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
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