Form 4: Life Time Group Holdings EVP Erik Weaver Sells Shares to Cover Tax Obligations

Erik Weaver, EVP & CFO of Life Time Group Holdings, sold 4,662 shares of common stock on October 15, 2024, to cover tax withholding obligations.

Summary

• Erik Weaver, the EVP & Chief Financial Officer of Life Time Group Holdings, Inc., sold 4,662 shares of common stock on October 15, 2024.
• The sale was executed at a price of $25.88 per share.
• The transaction was mandated by the issuer's award agreement to satisfy tax withholding obligations through a sell-to-cover transaction.
• Following the transaction, Weaver directly owns 75,866 shares of Life Time Group Holdings, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sell-to-cover for tax obligations) by a company executive. It doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading activity and are used to disclose transactions by company insiders. This sale appears to be for tax obligations, which is a common reason for such transactions.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates