Life Time (NYSE: LTH) awards 26,770 RSUs to EVP Buss
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Buss Eric J reported acquisition or exercise transactions in this Form 4 filing.
Life Time Group Holdings EVP & Chief Admin. Officer Eric J. Buss received a grant of 26,770 restricted stock units of common stock. Each RSU represents one share and will vest in equal installments over three years starting on February 1, 2027. Following this award, he holds 403,887 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Buss Eric J
Role
EVP & CHIEF ADMIN. OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,770 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 403,887 shares (Direct)
Footnotes (1)
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FAQ
What did Life Time Group Holdings (LTH) executive Eric J. Buss report on this Form 4?
Eric J. Buss reported receiving 26,770 restricted stock units of Life Time Group common stock. These RSUs are a form of equity compensation and increase his directly held position to 403,887 shares after the grant, aligning his interests more closely with shareholders.
How many Life Time Group (LTH) RSUs were granted to Eric J. Buss?
Eric J. Buss was granted 26,770 restricted stock units of Life Time Group common stock. Each unit represents the right to receive one share in the future, subject to vesting conditions that are designed to encourage long-term service and performance at the company.
What is the vesting schedule for Eric J. Buss’s new Life Time (LTH) RSUs?
The 26,770 restricted stock units granted to Eric J. Buss vest ratably over three years, beginning on February 1, 2027. “Ratable” means a portion vests each year, so he earns full ownership gradually instead of receiving all shares at once on a single date.