Form 4: Life Time CFO Erik Weaver Reports Stock Transactions

Life Time Group Holdings' EVP & CFO Erik Weaver reported multiple transactions involving the company's common stock, including the vesting of performance stock units.

Summary

• Erik Weaver, Executive Vice President & Chief Financial Officer of Life Time Group Holdings, Inc. (LTH), reported transactions on February 25, 2026.
• Acquired 26,683 shares of common stock at a price of $0.
• Disposed of 8,553 shares of common stock at a price of $26.47, likely for tax withholding purposes related to vesting.
• Acquired 14,824 performance stock units (PSUs) at a price of $0. These PSUs represent a contingent right to receive one share of common stock each.
• The performance condition for the 14,824 PSUs for the fiscal 2025 performance period was met.
• The shares underlying these PSUs will vest on the later of (a) the determination of the Issuer's performance for fiscal 2027 for the remaining PSUs and (b) the first full trading date following the release of the Issuer's financial results for fiscal 2027.
• Following these transactions, beneficial ownership of common stock increased to 137,495 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, reflecting routine executive compensation and tax-related transactions, with no direct indication of management's sentiment on future stock performance beyond the initial grant.

Positives

• The performance condition for the granted performance stock units for the fiscal 2025 period was met, indicating successful achievement of set targets.

Negatives

• A disposition of 8,553 shares of common stock occurred at $26.47, which typically represents shares sold to cover tax obligations upon vesting of equity awards, reducing direct holdings.

Risks

• The vesting of the remaining performance stock units is contingent upon the determination of the Issuer's performance for fiscal 2027 and the release of fiscal 2027 financial results, introducing future performance risk.

Future Outlook

The vesting of the remaining performance stock units is tied to the determination of the Issuer's performance for fiscal 2027 and the subsequent release of fiscal 2027 financial results.

Management Comments

• The reporting person was granted performance stock units, each representing a contingent right to receive one share of the Issuer's common stock, subject to meeting a performance condition for the fiscal 2025 performance period and further time-based vesting requirements.
• Based on actual performance, the performance condition for these units was met.
• The shares from these performance stock units will vest the later of (a) determination of the Issuer's performance for fiscal 2027 for the remaining performance stock units and (b) the first full trading date following the release of the Issuer's financial results for fiscal 2027.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to executive compensation and vesting of equity awards, are routine disclosures. While not indicative of broader industry trends, they provide transparency into executive ownership and compensation structures within the health and fitness industry.

Stakeholder Impact

• Shareholders will observe a change in the beneficial ownership of a key executive, which is a routine aspect of executive compensation and equity incentive plans.

Next Steps

• Vesting of remaining performance stock units will occur after the determination of the Issuer's performance for fiscal 2027 and the release of fiscal 2027 financial results.

Key Dates

Recommendation

The filing details routine executive compensation transactions, including the vesting of performance stock units and subsequent tax-related dispositions. It does not provide new fundamental information about the company's operations or future prospects that would warrant a change in investment recommendation.

Keywords

Life Time Group Holdings, LTH, Form 4, Insider Transaction, Executive Compensation, Performance Stock Units, Erik Weaver, CFO, Stock Vesting