Life Time Group (NYSE: LTH) director tied to 2.9M-share sale
Rhea-AI Filing Summary
Life Time Group Holdings, Inc. (LTH) had a Form 4 filed reporting an indirect sale of 2,879,154 shares of Common Stock at $43.80 per share on 2026-08-26. The sale was made by entities Green LTF Holdings II LP, LGP Associates VI-A LLC, and LGP Associates VI-B LLC. After the sale, these entities collectively held 3,029,450 shares of Life Time Group Holdings, Inc. common stock. John G. Danhakl is reported as a director who may be deemed an indirect beneficial owner of these securities for Section 16 purposes but expressly disclaims beneficial ownership except to the extent of his pecuniary interest.
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Insights
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Insider Trade Summary
Net Seller: 2,879,154 shares
Net Sell
1 txn
Insider
DANHAKL JOHN G
Role
Director
Sold
2,879,154 shs ($126.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 2,879,154 | $43.80 | $126.11M |
Holdings After Transaction:
Common Stock — 3,029,450 shares (Indirect, See footnote.)
Footnotes (3)
- F1. Represents 2,826,651 shares of the Issuer's Common Stock, par value $0.01 per share (the "Common Stock") sold by Green LTF Holdings II LP ("Green LTF"), 4,788 shares of Common Stock sold by LGP Associates VI-A LLC ("Associates VI-A"), and 47,715 shares of Common Stock sold by LGP Associates VI-B LLC ("Associates VI-B").
- F2. Represents shares of Common Stock owned by Green LTF, Associates VI-A, and Associates VI-B. Of the shares of Common Stock reported, 2,974,207 shares are owned by Green LTF, 5,037 shares are owned by Associates VI-A, and 50,206 shares are owned by Associates VI-B.
- F3. Mr. Danhakl directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the securities owned by Green LTF, Associates VI-A, and Associates VI-B. Mr. Danhakl disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
Shares sold: 2,879,154 shares of Common Stock
Sale price per share: $43.80 per share
Shares owned by Green LTF after transaction: 2,974,207 shares of Common Stock
+3 more
6 metrics
Shares sold
2,879,154 shares of Common Stock
Sold by Green LTF Holdings II LP, LGP Associates VI-A LLC, and LGP Associates VI-B LLC on 2026-08-26
Sale price per share
$43.80 per share
Price for the 2,879,154 shares of Common Stock sold on 2026-08-26
Shares owned by Green LTF after transaction
2,974,207 shares of Common Stock
Post-transaction holdings of Green LTF Holdings II LP
Shares owned by Associates VI-A after transaction
5,037 shares of Common Stock
Post-transaction holdings of LGP Associates VI-A LLC
Shares owned by Associates VI-B after transaction
50,206 shares of Common Stock
Post-transaction holdings of LGP Associates VI-B LLC
Total shares owned after transaction
3,029,450 shares of Common Stock
Aggregate post-transaction holdings of the three entities
Key Terms
indirect beneficial owner, pecuniary interest, Section 16 of the Securities Exchange Act of 1934, Common Stock, par value $0.01 per share
4 terms
indirect beneficial owner regulatory
"may be deemed for purposes of Section 16 ... to be the indirect beneficial owner"
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest"
Section 16 of the Securities Exchange Act of 1934 regulatory
"may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
What insider transaction did LTH report in this Form 4?
Life Time Group Holdings, Inc. reported an indirect sale of 2,879,154 shares of Common Stock at $43.80 per share on 2026-08-26 by entities Green LTF Holdings II LP, LGP Associates VI-A LLC, and LGP Associates VI-B LLC.
Who is the reporting person in the LTH Form 4 and what is his role?
The reporting person is John G. Danhakl, who is identified as a director of Life Time Group Holdings, Inc. He is associated with the selling entities and may be deemed an indirect beneficial owner for Section 16 purposes.
Was the LTH Form 4 sale made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnotes do not state that the transactions were made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.