[Form 4] Life Time Group Holdings, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wagner Rachael A. reported acquisition or exercise transactions in this Form 4 filing.
Life Time Group Holdings, Inc. reported that director Rachael A. Wagner received an equity compensation grant of 5,429 restricted stock units (RSUs) of common stock. Each RSU represents a contingent right to one share and carries no purchase price. The RSUs vest on the earlier of the day immediately prior to the next annual stockholders meeting following the grant date or the first anniversary of the grant date, subject to her continued service. Following this award, Wagner holds 5,429 shares of common stock directly, reflecting this grant and representing a routine director compensation award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wagner Rachael A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,429 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,429 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 5,429 shares
Price per RSU: $0.0000 per share
Holdings after transaction: 5,429 shares
+1 more
4 metrics
RSU grant size
5,429 shares
Restricted stock units awarded to director Rachael A. Wagner
Price per RSU
$0.0000 per share
RSU grant recorded with no cash purchase price
Holdings after transaction
5,429 shares
Total common stock held directly by Wagner after grant
Transaction code
Code A
Grant, award, or other acquisition of common stock
Key Terms
restricted stock units ("RSUs"), annual stockholders meeting, contingent right, vest
4 terms
restricted stock units ("RSUs") financial
"Reflects an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual stockholders meeting financial
"will vest on the earlier of (i) the day immediately prior to the date of the annual stockholders meeting following the date of grant"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
vest financial
"The RSUs will vest on the earlier of the day immediately prior to the date of the annual stockholders meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Life Time Group (LTH) report for Rachael A. Wagner?
Life Time Group reported that director Rachael A. Wagner received a grant of 5,429 restricted stock units of common stock as equity compensation. Each RSU equals one share, and the award was recorded as an acquisition at no cash purchase price.
What are the vesting terms of Rachael A. Wagner’s RSUs at Life Time Group (LTH)?
The 5,429 RSUs vest on the earlier of the day immediately prior to the annual stockholders meeting following the grant date or the first anniversary of the grant date. Vesting is contingent on Wagner’s continued service with Life Time Group through that date.
Is the Rachael A. Wagner transaction in Life Time Group (LTH) common stock a buy or a compensation grant?
The transaction is a compensation grant, not an open-market buy. It is coded as an acquisition (Type A) for 5,429 restricted stock units, described as a grant, award, or other acquisition related to her role as a director of Life Time Group.