Form 4: Director Rachael Wagner Receives LTH Stock Award
Statement of Changes in Beneficial Ownership
Life Time Group Holdings director Rachael A. Wagner was granted 5,429 restricted stock units as part of an equity award.
Summary
- Director Rachael A. Wagner acquired 5,429 restricted stock units (RSUs) of Life Time Group Holdings, Inc. (LTH) common stock.
- The transaction occurred on May 20, 2026.
- The RSUs were granted at a price of $0 per share, representing a contingent right to receive common stock upon vesting.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to the reporting person's continuing service through the vesting date.
Future Outlook
The RSUs will vest on the earlier of the day immediately prior to the next annual stockholders meeting or the first anniversary of the grant date, provided the director remains in service.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder value in the fitness and wellness industry.
Comparison to Industry Standards
- The grant of RSUs to directors is consistent with standard compensation practices for publicly traded companies in the consumer discretionary sector.
- The vesting schedule aligns with typical one-year director equity retention cycles observed in similar mid-cap companies.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of the 5,429 RSUs upon the earlier of the next annual stockholders meeting or May 20, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the RSU grant transaction. |
| 05/22/2026 | Date the Form 4 was signed and filed. |
Keywords
Life Time Group Holdings, LTH, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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