Life Time (LTH) exec sells 67,751 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life Time Group Holdings EVP & Chief Digital Officer Ritadhwaja Jebens reported an option exercise and matching share sale in company stock. He exercised 67,751 stock options at $13.65 per share and then sold 67,751 common shares at an average price of $38.65 per share.
The filing shows this exercise-and-sell sequence was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on June 13, 2025. After these transactions, Jebens held 138,351 shares of Life Time common stock directly, and the exercised option grant was fully vested and fully used.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 67,751 shares ($2,618,576)
Net Sell
3 txns
Insider
Singh Ritadhwaja Jebens
Role
EVP & CHIEF DIGITAL OFFICER
Sold
67,751 shs ($2.62M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 67,751 | $0.00 | -- |
| Exercise | Common Stock | 67,751 | $13.65 | $925K |
| Sale | Common Stock | 67,751 | $38.65 | $2.62M |
Holdings After Transaction:
Stock Option — 0 shares (Direct, null);
Common Stock — 206,102 shares (Direct, null)
Footnotes (1)
- Exercise and sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025. Fully vested.
Key Figures
Shares sold: 67,751 shares
Sale price: $38.65 per share
Options exercised: 67,751 options
+2 more
5 metrics
Shares sold
67,751 shares
Open-market sale of common stock
Sale price
$38.65 per share
Average price for common stock sale
Options exercised
67,751 options
Stock option exercise into common shares
Exercise price
$13.65 per share
Strike price of exercised stock options
Shares held after
138,351 shares
Direct common stock ownership post-transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Stock Option, Exercise or conversion of derivative security
4 terms
Rule 10b5-1 trading plan financial
"Exercise and sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025."
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
"Sale in open market or private transaction"
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.
Stock Option financial
"Stock Option derivative security with underlying Common Stock"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Exercise or conversion of derivative security financial
"Transaction code M described as Exercise or conversion of derivative security"
FAQ
What insider transactions did Life Time Group (LTH) report for Ritadhwaja Jebens?
Ritadhwaja Jebens exercised stock options and sold shares of Life Time Group (LTH). He exercised 67,751 options and sold 67,751 common shares in open-market transactions on the same date, according to the insider filing.
What stock options did the Life Time Group (LTH) executive exercise?
He exercised 67,751 stock options with a $13.65 exercise price. The options were fully vested and converted into an equal number of Life Time Group (LTH) common shares before being sold in the market.
Was the Life Time Group (LTH) insider sale part of a Rule 10b5-1 plan?
Yes, the exercise and sale occurred under a Rule 10b5-1 trading plan. The filing states the plan was adopted on June 13, 2025, indicating the trades were pre-arranged rather than newly decided at the time of execution.