Form 4: Life Time Group Holdings Director John G. Danhakl Reports Sale of Shares

Director John G. Danhakl reports the sale of 9,871,687 shares of Life Time Group Holdings, Inc. Common Stock at $30.13 per share.

Summary

• John G. Danhakl, a director of Life Time Group Holdings, Inc., reported the sale of 9,871,687 shares of Common Stock on March 3, 2025.
• The shares were sold at a price of $30.13 per share.
• The sale was conducted as part of a public offering of the Issuer's Common Stock which closed on March 3, 2025.
• The shares were sold by Green LTF Holdings II LP (9,691,673 shares), LGP Associates VI-A LLC (16,415 shares), and LGP Associates VI-B LLC (163,599 shares).
• Following the transaction, Mr. Danhakl is deemed to indirectly beneficially own 41,553,619 shares through Green LTF, Associates VI-A, and Associates VI-B.
• Mr. Danhakl disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a stock sale. It doesn't inherently convey positive or negative sentiment.

Management Comments

• Mr. Danhakl disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The sale of shares by a director could be perceived differently by stakeholders; some might see it as a lack of confidence, while others might view it as a normal portfolio diversification strategy.

Key Dates

Keywords

Life Time Group Holdings, LTH, John G. Danhakl, Form 4, Beneficial Ownership, Stock Sale, Director, Green LTF Holdings II LP, LGP Associates VI-A LLC, LGP Associates VI-B LLC, Public Offering