Life Time Group (LTH) CFO reports stock grants and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life Time Group Holdings EVP & CFO Erik Weaver reported equity-related transactions in common stock. He received two grants totaling 26,683 and 14,824 shares at no cost, and 8,553 shares were disposed of at 26.47 per share to cover tax obligations tied to these awards.
A footnote explains that the granted shares relate to performance stock units for the fiscal 2025 performance period, which met their performance condition. The shares will vest after additional time-based requirements linked to the issuer’s fiscal 2027 performance and financial results are satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Weaver Erik
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,683 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,553 | $26.47 | $226K |
| Grant/Award | Common Stock | 14,824 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 131,224 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Life Time Group (LTH) CFO Erik Weaver report?
Erik Weaver reported equity-related transactions in Life Time Group common stock. He received two share grants totaling 41,507 shares at no cost, and 8,553 shares were withheld at $26.47 each to satisfy tax obligations associated with these stock awards and performance-based units.
Were Erik Weaver’s Life Time Group (LTH) transactions open-market stock sales or purchases?
The filing shows no open-market purchases or sales. Shares were acquired through equity grants and performance stock unit settlement, while 8,553 shares were disposed of under code F, meaning they were withheld by the company to cover exercise price or tax liabilities, not sold on the open market.
What are the performance stock units mentioned in the Life Time Group (LTH) Form 4?
The performance stock units give a contingent right to receive one Life Time share each. They were tied to a fiscal 2025 performance condition, which has been met. Actual share vesting still depends on additional time-based requirements linked to Life Time’s fiscal 2027 performance and financial reporting schedule.