Life Time Group (LTH) EVP awarded 21,588 RSUs vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life Time Group Holdings, Inc. executive Ritadhwaja Jebens, EVP & Chief Digital Officer, received an equity grant in the form of 21,588 shares of common stock as a restricted stock unit award. The award was recorded at a price of $0.0000 per share as a grant/award acquisition. After this grant, Jebens beneficially owned 123,732 shares of common stock. According to the terms, these RSUs will vest ratably over three years starting on February 1, 2027, meaning portions of the award will convert into shares over that period if vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singh Ritadhwaja Jebens
Role
EVP & CHIEF DIGITAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,588 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 123,732 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Life Time Group (LTH) report for Ritadhwaja Jebens?
Life Time Group reported that EVP & Chief Digital Officer Ritadhwaja Jebens received a grant of 21,588 restricted stock units. Each RSU represents one share of common stock, awarded at a stated price of $0.0000 per share as equity compensation.
What are the vesting terms of the 21,588 RSUs granted by Life Time Group (LTH)?
The 21,588 restricted stock units vest ratably over three years starting on February 1, 2027. A portion of the RSUs will vest each year during this period, assuming applicable vesting conditions are satisfied, gradually delivering common shares to the executive.
Was the Life Time Group (LTH) RSU grant to Ritadhwaja Jebens a market purchase?
No, the RSU grant was classified as a grant, award, or other acquisition, not an open-market purchase. The Form 4 reports a transaction code "A" with a price of $0.0000 per share, indicating equity compensation rather than a cash stock purchase.
What type of security was involved in the Life Time Group (LTH) Form 4 for Ritadhwaja Jebens?
The transaction involved Life Time Group common stock delivered through restricted stock units. Each RSU represents a contingent right to receive one share of common stock, subject to the three-year vesting schedule that starts on February 1, 2027.