Life Time (LTH) Officer Sells 9,375 Shares; Holdings Now 240,151
Rhea-AI Filing Summary
Life Time Group Holdings insider sale reported on Form 4. The filing shows EVP & President, Club Operations Javaheri Parham reported disposition of 9,375 shares of common stock in transactions executed on 08/26/2025 at a weighted average price of $28.0462 per share. After the reported sales, the reporting person beneficially owned 240,151 shares, held directly.
The filing includes an explanatory note that the sale occurred in multiple transactions with prices ranging from $28.03 to $28.08 and that the reporting person can provide a breakdown of trades on request. No derivative transactions or other material changes to holdings are reported.
Positive
- None.
Negative
- Officer sold 9,375 shares representing a reduction in direct holdings to 240,151 shares
- Sale executed at market prices (weighted average $28.0462; range $28.03–$28.08), which may attract investor attention
Insights
TL;DR: Insider sold a small portion (~3.9%) of holdings at market prices; not clearly material to valuation.
The 9,375-share sale reduced direct holdings to 240,151 shares. Given the number sold relative to remaining ownership, the transaction appears to be a routine disposition rather than a full exit or change in control signal. The weighted average price of $28.0462 and narrow price range suggest execution over a short window at prevailing market prices. No options exercises or derivative activity accompany the sale.
TL;DR: Officer-reported sales were properly disclosed; explanation offers compliance with disclosure details.
The Form 4 includes the required explanatory statement and a signature by an attorney-in-fact, indicating procedural compliance. The reporting person checked officer status and disclosed direct ownership form. There is no amendment or additional arrangements disclosed that would change governance implications. The disclosure of price ranges and offer to provide detailed allocation supports transparency for stakeholders.