Form 4: Life Time Group Holdings Director, Joel Alsfine, Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Joel Alsfine reports acquiring 4,974 shares of Life Time Group Holdings common stock through restricted stock units and disposing of 8,639 shares.
Summary
- On April 25, 2025, Joel Alsfine, a director of Life Time Group Holdings, Inc., reported transactions involving the company's common stock.
- Alsfine acquired 4,974 shares of common stock 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 the day before the next annual stockholders meeting or the first anniversary of the grant date, contingent upon continued service.
- Alsfine also disposed of 8,639 shares.
- Following these transactions, Alsfine beneficially owns 8,639 shares of Life Time Group Holdings common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The vesting of the RSUs is contingent upon continued service, indicating an incentive for the director to remain with the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- Shareholders can use this information to understand the actions of a company insider.
- The transactions may have a minor impact on the stock price, depending on market perception.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of transaction: acquisition and disposal of common stock. |
| 04/29/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Life Time Group Holdings, Director, Joel Alsfine, Stock, RSU, Restricted Stock Units, Beneficial Ownership
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