Life Time Group (LTH) director Donna Coallier granted 7,009 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coallier Donna reported acquisition or exercise transactions in this Form 4 filing.
Life Time Group Holdings, Inc. director Donna Coallier received a grant of 7,009 restricted stock units (RSUs) of common stock. Each RSU represents the right to receive one share of common stock at vesting. After this award, she holds 41,046 shares directly.
The RSUs will vest on the earlier of the day immediately before the next annual stockholders meeting following the grant date, or the first anniversary of the grant date, as long as she continues in service through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coallier Donna
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,009 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 41,046 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 7,009 units
Post‑transaction holdings: 41,046 shares
Grant price: $0.00 per share
3 metrics
RSUs granted
7,009 units
Restricted stock unit award to director Donna Coallier
Post‑transaction holdings
41,046 shares
Common stock held directly after RSU grant
Grant price
$0.00 per share
Equity award, not open‑market purchase
Key Terms
restricted stock units, RSUs, annual stockholders meeting, vest
4 terms
restricted stock units financial
"Reflects an award of restricted stock units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Reflects an award of restricted stock units ("RSUs"). Each RSU represents a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
annual stockholders meeting financial
"The RSUs will vest on the earlier of (i) the day immediately prior to the date of the annual stockholders meeting"
vest financial
"The RSUs will vest on the earlier of (i) the day immediately prior"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Life Time Group (LTH) director Donna Coallier report on this Form 4?
Donna Coallier reported receiving 7,009 restricted stock units (RSUs) of Life Time Group common stock. These are compensation-related equity awards, not open‑market purchases, and increase her direct holdings to 41,046 shares after the grant.
When do Donna Coallier’s new Life Time Group (LTH) RSUs vest?
The RSUs vest on the earlier of the day immediately before the next annual stockholders meeting after the grant date, or the first anniversary of the grant. Vesting requires Donna Coallier to continue providing service through the applicable vesting date.
Are Donna Coallier’s Life Time Group (LTH) RSUs an open‑market stock purchase?
No. The 7,009 RSUs were granted at a price of $0.00 per unit as a stock award. They represent equity compensation rather than shares bought on the open market, and each RSU converts into one share upon vesting if service conditions are met.
What does each restricted stock unit (RSU) in this Life Time Group (LTH) filing represent?
Each RSU represents a contingent right to receive one share of Life Time Group common stock. The shares are delivered only if vesting conditions are satisfied, tying Donna Coallier’s compensation partly to continued service and future stock delivery.