Form 4: Life Time Group Holdings CEO Acquires 190,597 Shares of Common Stock

Life Time Group Holdings CEO, Bahram Akradi, acquired 190,597 shares of common stock on January 11, 2025, through the vesting of restricted stock units.

Summary

• Bahram Akradi, CEO of Life Time Group Holdings, acquired 190,597 shares of common stock on January 11, 2025.
• The acquisition was through the vesting of restricted stock units (RSUs).
• These RSUs will vest ratably over three years starting on February 1, 2026.
• Following the transaction, Mr. Akradi directly owns 1,605,210 shares of common stock.
• He also indirectly owns shares through various family trusts, including 34,411 shares through the Bahram Akradi 2012 GST Family Trust, 900,155 shares through the Bahram Akradi 2018 GST Family Trust, and 11,469,894 shares through the Bahram Akradi Revocable Trust U/A dated February 7, 2006.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of stock acquisition by the CEO, which is generally viewed positively as it indicates confidence in the company. However, it is not a major event that would significantly alter the company's outlook.

Positives

• The acquisition of shares by the CEO could be seen as a positive sign of confidence in the company's future.

Future Outlook

The restricted stock units will vest ratably over three years starting on February 1, 2026.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders when they acquire or dispose of company stock. It is a routine part of corporate governance and transparency.

Comparison to Industry Standards

• This type of filing is standard practice for publicly traded companies in the US.
• Many CEOs and other executives receive stock-based compensation, and their transactions are publicly disclosed through SEC filings.
• The vesting schedule of three years is also a common practice for restricted stock units.

Stakeholder Impact

• The stock acquisition by the CEO may be viewed positively by shareholders as it indicates confidence in the company's future.

Key Dates

Keywords

Life Time Group Holdings, Bahram Akradi, stock acquisition, restricted stock units, insider trading, common stock, executive compensation