STOCK TITAN

Partners Group funds sell 449,960 Life Time (LTH) shares in open-market trade

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Partners Group-affiliated funds reported an open-market sale of Life Time Group Holdings common stock. On this Form 4, they sold a combined 449,960 shares at a price of $32.51 per share, in a transaction dated May 21, 2026.

The sale comprised 236,468 shares by Partners Group Private Equity Fund, LLC, 520 shares by Partners Group Private Equity II, LLC, 17,225 shares by Partners Group Access 83 PF LP, and 195,747 shares by Partners Group Series Access II, LLC, Series 61. After these sales, these entities together report 1,981,243 shares indirectly held, with specific amounts directly held by each fund as detailed in the filing, and they each disclaim beneficial ownership beyond their pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Partners Group Private Equity Fund, LLC, Partners Group Private Equity II, LLC, Partners Group Series Access II, LLC, Partners Group Access 83 PF LP
Role null | null | null | null
Sold 449,960 shs ($14.63M)
Type Security Shares Price Value
Sale Common Stock 449,960 $32.51 $14.63M
Holdings After Transaction: Common Stock — 1,981,243 shares (Indirect, See footnote)
Footnotes (1)
  1. Represents 236,468 shares sold by Partners Group Private Equity Fund, LLC ("PG PE Fund"), 520 shares sold by Partners Group Private Equity II, LLC ("PG PE II"), 17,225 shares sold by Partners Group Access 83 PF LP ("PG Access 83"), and 195,747 shares sold by Partners Group Series Access II, LLC, Series 61 ("PG Series 61"). 1,041,205 of such shares of Common Stock are directly held by PG PE Fund, 2,288 of such shares are directly held by PG PE II, 75,846 of such shares are directly held by PG Access 83 and 861,904 of such shares are directly held by PG Series 61. The investment manager of PG PE Fund is Partners Group (USA) Inc. ("PG USA"). PG USA, PG PE II, PG Access 83 and PG Series 61 are indirectly controlled by Partners Group Holding AG. Each of PG PE Fund, PG PE II, PG Access 83 and PG Series 61 disclaims beneficial ownership of any securities that it does not directly beneficially own, except to the extent of its pecuniary interest, if any, therein.
Shares sold 449,960 shares Open-market sale of Life Time common stock on May 21, 2026
Sale price $32.51 per share Price for reported Life Time common stock sale
Post-transaction holdings (combined) 1,981,243 shares Total Life Time shares indirectly held after the sale
Shares sold by PG PE Fund 236,468 shares Portion of the transaction by Partners Group Private Equity Fund, LLC
Shares sold by PG Series 61 195,747 shares Portion of the transaction by Partners Group Series Access II, LLC, Series 61
Direct holdings of PG PE Fund 1,041,205 shares Life Time common shares directly held by Partners Group Private Equity Fund, LLC after the sale
Direct holdings of PG Series 61 861,904 shares Life Time common shares directly held by Partners Group Series Access II, LLC, Series 61 after the sale
beneficial ownership financial
"Each of PG PE Fund, PG PE II, PG Access 83 and PG Series 61 disclaims beneficial ownership of any securities that it does not directly beneficially own"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of any securities that it does not directly beneficially own, except to the extent of its pecuniary interest"
indirectly controlled financial
"PG USA, PG PE II, PG Access 83 and PG Series 61 are indirectly controlled by Partners Group Holding AG"
10% Owner Group financial
"other: Member of 10% Owner Group"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Partners Group Private Equity Fund, LLC

(Last)(First)(Middle)
C/O PARTNERS GROUP (USA) INC.
1114 AVENUE OF THE AMERICAS, 37TH FLOOR

(Street)
NEW YORK NEW YORK 10036

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Life Time Group Holdings, Inc. [ LTH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
Officer (give title below)XOther (specify below)
Member of 10% Owner Group
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026S449,960(1)D$32.511,981,243(2)ISee footnote(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Partners Group Private Equity Fund, LLC

(Last)(First)(Middle)
C/O PARTNERS GROUP (USA) INC.
1114 AVENUE OF THE AMERICAS, 37TH FLOOR

(Street)
NEW YORK NEW YORK 10036

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
Member of 10% Owner Group
1. Name and Address of Reporting Person*
Partners Group Private Equity II, LLC

(Last)(First)(Middle)
C/O PARTNERS GROUP (USA) INC.
1114 AVENUE OF THE AMERICAS, 37TH FLOOR

(Street)
NEW YORK NEW YORK 10036

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
Member of 10% Owner Group
1. Name and Address of Reporting Person*
Partners Group Series Access II, LLC

(Last)(First)(Middle)
C/O PARTNERS GROUP (USA) INC.
1114 AVENUE OF THE AMERICAS, 37TH FLOOR

(Street)
NEW YORK NEW YORK 10036

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
Member of 10% Owner Group
1. Name and Address of Reporting Person*
Partners Group Access 83 PF LP

(Last)(First)(Middle)
C/O PARTNERS GROUP (USA) INC.
1114 AVENUE OF THE AMERICAS, 37TH FLOOR

(Street)
NEW YORK NEW YORK 10036

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
Member of 10% Owner Group
Explanation of Responses:
1. Represents 236,468 shares sold by Partners Group Private Equity Fund, LLC ("PG PE Fund"), 520 shares sold by Partners Group Private Equity II, LLC ("PG PE II"), 17,225 shares sold by Partners Group Access 83 PF LP ("PG Access 83"), and 195,747 shares sold by Partners Group Series Access II, LLC, Series 61 ("PG Series 61").
2. 1,041,205 of such shares of Common Stock are directly held by PG PE Fund, 2,288 of such shares are directly held by PG PE II, 75,846 of such shares are directly held by PG Access 83 and 861,904 of such shares are directly held by PG Series 61.
3. The investment manager of PG PE Fund is Partners Group (USA) Inc. ("PG USA"). PG USA, PG PE II, PG Access 83 and PG Series 61 are indirectly controlled by Partners Group Holding AG. Each of PG PE Fund, PG PE II, PG Access 83 and PG Series 61 disclaims beneficial ownership of any securities that it does not directly beneficially own, except to the extent of its pecuniary interest, if any, therein.
Remarks:
The Reporting Persons may be deemed to be members of a "group" for the purposes of the Securities Exchange Act of 1934 by virtue of being parties to the Life Time Group Holdings, Inc. Third Amended and Restated Stockholders Agreement (the "Stockholders Agreement"). Each Reporting Person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by such Reporting Person. This report shall not be deemed an admission that the Reporting Persons are members of a group or the beneficial owners of any securities not directly owned by the Reporting Persons. The Reporting Persons disclaim beneficial ownership of any such securities except to the extent of their pecuniary interest, if any, therein. Pursuant to the Stockholders Agreement, Mr. Andres Small, an employee of an affiliate of the Reporting Persons, serves on the Issuer's board of directors as the Reporting Persons' representative.
By: /s/ Janel Gruber-Stevens, Authorized Signatory of Partners Group AG, attorney-in-fact for Partners Group (USA) Inc., investment manager of Partners Group Private Equity Fund, LLC05/26/2026
By: /s/ Rebecca Connelly, Authorized Signatory of Partners Group AG, attorney-in-fact for Partners Group (USA) Inc., investment manager of Partners Group Private Equity Fund, LLC05/26/2026
By: /s/ Janel Gruber-Stevens, Authorized Signatory of Partners Group AG, attorney-in-fact for Partners Group US Management II LLC, manager of Partners Group Private Equity II, LLC05/26/2026
By: /s/ Rebecca Connelly, Authorized Signatory of Partners Group AG, attorney-in-fact for Partners Group US Management II LLC, manager of Partners Group Private Equity II, LLC05/26/2026
By: /s/ Janel Gruber-Stevens, Authorized Signatory of Partners Group AG, attorney-in-fact for Partners Group US Management II LLC, manager of Partners Group Series Access II, LLC, Series 6105/26/2026
By: /s/ Rebecca Connelly, Authorized Signatory of Partners Group AG, attorney-in-fact for Partners Group US Management II LLC, manager of Partners Group Series Access II, LLC, Series 6105/26/2026
By: /s/ Janel Gruber-Stevens, Authorized Signatory of Partners Group Management (Scots) LLP, general partner of Partners Group Access 83 PF LP05/26/2026
By: /s/ Rebecca Connelly, Authorized Signatory of Partners Group Management (Scots) LLP, general partner of Partners Group Access 83 PF LP05/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did the Partners Group entities report in this Life Time (LTH) Form 4?

The filing shows Partners Group-affiliated funds sold 449,960 shares of Life Time common stock in an open-market transaction at $32.51 per share, then reported updated indirect holdings and related beneficial ownership disclaimers.

How many Life Time (LTH) shares did the Partners Group funds sell and at what price?

They sold a combined 449,960 Life Time common shares at $32.51 per share. The sale was reported as an open-market or private transaction dated May 21, 2026, involving multiple affiliated investment vehicles.

Which Partners Group entities sold Life Time (LTH) shares in this transaction?

The sale involved Partners Group Private Equity Fund, LLC, Partners Group Private Equity II, LLC, Partners Group Access 83 PF LP, and Partners Group Series Access II, LLC, Series 61, each selling a specified number of Life Time common shares.

How many Life Time (LTH) shares remain held after this reported sale?

After the sale, the reporting entities together show 1,981,243 Life Time common shares indirectly held. The filing also specifies direct holdings by each fund, including 1,041,205 shares by Partners Group Private Equity Fund, LLC.

Do the Partners Group funds claim full beneficial ownership of the Life Time (LTH) shares?

Each fund disclaims beneficial ownership of any Life Time shares it does not directly own, except to the extent of its pecuniary interest. This means they only acknowledge economic interest where they directly benefit financially.

Who manages or controls the Partners Group funds holding Life Time (LTH) shares?

The investment manager of Partners Group Private Equity Fund, LLC is Partners Group (USA) Inc. Partners Group (USA) Inc., Partners Group Private Equity II, LLC, Partners Group Access 83 PF LP, and Partners Group Series Access II, LLC are indirectly controlled by Partners Group Holding AG.