Form 4: Life Time Group Holdings Director Donna Coallier Receives Stock Award

Director Donna Coallier of Life Time Group Holdings, Inc. reports acquisition of 10,954 shares of common stock through a restricted stock unit (RSU) award on April 26, 2024.

Summary

• On April 26, 2024, Donna Coallier, a director of Life Time Group Holdings, Inc., acquired 10,954 shares of common stock.
• This acquisition was through an award of restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one share of Life Time Group Holdings' common stock.
• The RSUs will vest on the earlier of (i) the day immediately prior to the date of the annual stockholders meeting following the date of grant and (ii) the first anniversary of the grant date, subject to the Reporting Person's continuing service through such date.
• Following the transaction, Coallier directly owns 29,063 shares of Life Time Group Holdings, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of RSUs is a standard practice and indicates confidence in the director's continued service and the company's future prospects.

Positives

• The RSU award aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.

Future Outlook

The vesting of the RSUs is contingent upon continued service, suggesting an expectation of Coallier's ongoing involvement with Life Time Group Holdings.

Industry Context

Stock awards are a common form of executive compensation in publicly traded companies, used to incentivize performance and align management's interests with those of shareholders.

Stakeholder Impact

• The RSU award aligns the director's interests with those of the shareholders, potentially leading to decisions that benefit the company's long-term value.

Key Dates