Entities tied to Life Time (NYSE: LTH) director sell 4.99M shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life Time Group Holdings director-linked entities reported a large open-market share sale. On May 7, 2026, Green LTF Holdings II LP, LGP Associates VI-A LLC, and LGP Associates VI-B LLC sold an aggregate 4,991,749 shares of Life Time Group Holdings, Inc. common stock at $31.46 per share.
After these transactions, these entities together held 16,242,383 shares indirectly reported for director John G. Danhakl. The filing states Mr. Danhakl may be deemed an indirect beneficial owner but disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,991,749 shares ($157,040,424)
Net Sell
1 txn
Insider
DANHAKL JOHN G
Role
null
Sold
4,991,749 shs ($157.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,991,749 | $31.46 | $157.04M |
Holdings After Transaction:
Common Stock — 16,242,383 shares (Indirect, See footnote.)
Footnotes (1)
- Represents 4,900,722 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"), 8,301 shares of Common Stock sold by LGP Associates VI-A LLC ("Associates VI-A"), and 82,726 shares of Common Stock sold by LGP Associates VI-B LLC ("Associates VI-B"). Represents shares of Common Stock owned by Green LTF, Associates VI-A, and Associates VI-B. Of the shares of Common Stock reported, 15,946,196 shares are owned by Green LTF, 27,009 shares are owned by Associates VI-A, and 269,178 shares are owned by Associates VI-B. 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: 4,991,749 shares
Sale price: $31.46 per share
Post-transaction indirect holdings: 16,242,383 shares
+3 more
6 metrics
Shares sold
4,991,749 shares
Open-market sale on May 7, 2026
Sale price
<money>$31.46</money> per share
Common stock transaction price
Post-transaction indirect holdings
16,242,383 shares
Total shares following transaction
Green LTF holdings after sale
15,946,196 shares
Shares owned by Green LTF after transactions
Associates VI-A holdings after sale
27,009 shares
Shares owned by LGP Associates VI-A LLC
Associates VI-B holdings after sale
269,178 shares
Shares owned by LGP Associates VI-B LLC
Key Terms
indirect beneficial owner, pecuniary interest, Section 16 of the Securities Exchange Act of 1934, open-market sale, +1 more
5 terms
indirect beneficial owner financial
"may be deemed for purposes of Section 16 ... to be the indirect beneficial owner of the securities"
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein"
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, as amended"
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.
open-market sale financial
"transaction_action: open-market sale"
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.
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: See footnote."
FAQ
What did entities associated with Life Time (LTH) director John G. Danhakl do in this Form 4?
Entities associated with director John G. Danhakl sold Life Time shares. On May 7, 2026, they completed open-market sales totaling 4,991,749 shares of common stock at $31.46 per share, and reported remaining indirect holdings of 16,242,383 shares after the transactions.