Life Time Group (NYSE: LTH) EVP sells 40,202 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life Time Group Holdings, Inc. executive vice president and chief digital officer Ritadhwaja Jebens reported an open-market sale of 40,202 shares of Common Stock at a price of $29.95 per share. After this transaction, Jebens directly holds 138,351 shares. A footnote states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025, indicating the trade was pre-arranged rather than opportunistic.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 40,202 shares ($1,204,050)
Net Sell
1 txn
Insider
Singh Ritadhwaja Jebens
Role
EVP & CHIEF DIGITAL OFFICER
Sold
40,202 shs ($1.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 40,202 | $29.95 | $1.20M |
Holdings After Transaction:
Common Stock — 138,351 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 40,202 shares
Sale price: $29.95 per share
Shares held after transaction: 138,351 shares
+1 more
4 metrics
Shares sold
40,202 shares
Open-market sale of Common Stock
Sale price
$29.95 per share
Price for the 40,202 shares sold
Shares held after transaction
138,351 shares
Direct ownership following the sale
Transaction type
Open-market sale
Form 4 transaction code S, non-derivative
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"Sales effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action is described as an open-market sale of Common Stock"
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.
Common Stock financial
"security_title for the transaction is listed as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"Insider transaction is reported on SEC Form 4 for Life Time"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Life Time Group (LTH) report on this Form 4?
Life Time Group reported that EVP and chief digital officer Ritadhwaja Jebens sold 40,202 shares of Common Stock in an open-market transaction at $29.95 per share. This filing details the trade and resulting share ownership position.
Was the Life Time Group (LTH) insider sale made under a Rule 10b5-1 plan?
Yes. A footnote explains the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Ritadhwaja Jebens on June 13, 2025. Such pre-arranged plans schedule trades in advance, reducing the significance of short-term market timing.
Who is the insider involved in the Life Time Group (LTH) Form 4 transaction?
The insider is Ritadhwaja Jebens, executive vice president and chief digital officer of Life Time Group Holdings, Inc. The Form 4 lists Jebens as an officer and shows the reported transaction and resulting direct share ownership.