Form 4: Life Time CEO Akradi Reports Stock Disposition

Life Time Group Holdings CEO Bahram Akradi reported a disposition of 23,929 common shares to cover tax withholding obligations, executed under a Rule 10b5-1 plan.

Summary

• Bahram Akradi, Founder, CEO, and Director of Life Time Group Holdings, Inc. (LTH), reported a disposition of 23,929 shares of common stock.
• The transaction is scheduled for February 1, 2026, at a price of $29.17 per share.
• This disposition is made to satisfy tax withholding obligations and is executed under a pre-arranged Rule 10b5-1 plan.
• Following this transaction, Akradi will directly beneficially own 3,534,681 shares.
• Akradi will also indirectly own 12,404,460 shares through various family trusts, specifically 34,411 shares by Bahram Akradi 2012 GST Family Trust, 891,479 shares by Bahram Akradi 2018 GST Family Trust, and 11,478,570 shares by Bahram Akradi Revocable Trust U/A dated February 7, 2006.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine insider transaction for tax purposes, pre-arranged under a Rule 10b5-1 plan, which typically has a neutral to slightly positive sentiment as it doesn't imply a lack of confidence in the company's future.

Positives

• The transaction is executed under a Rule 10b5-1 plan, indicating a pre-scheduled, non-discretionary sale, which often mitigates concerns about insider selling based on non-public information.
• The disposition is explicitly for tax withholding obligations, not a discretionary sale to reduce overall holdings, suggesting a routine administrative event.

Negatives

• A disposition of shares, even for tax purposes, reduces the insider's direct ownership stake in the company.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax obligations and executed under Rule 10b5-1 plans, are common and generally do not signal a change in an executive's long-term view of the company, unlike discretionary sales.

Stakeholder Impact

• Shareholders: The disposition of shares by a key executive, even for tax purposes, slightly reduces their direct ownership stake, but the pre-arranged nature mitigates negative interpretations.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary disposition of shares by the CEO to cover tax withholding obligations, executed under a Rule 10b5-1 plan. Such transactions are common and do not typically indicate a change in the executive's long-term outlook for the company. Therefore, it does not provide a basis for a change in investment recommendation, suggesting a 'hold' position is appropriate based solely on this filing.

Keywords

Life Time Group Holdings, LTH, Bahram Akradi, Insider Transaction, Form 4, Stock Disposition, CEO, Director, Tax Withholding, Rule 10b5-1