Form 4: Life Time Group Holdings Executive Acquires Restricted Stock Units

Parham Javaheri, EVP & President of Club Operations at Life Time Group Holdings, acquired 34,307 restricted stock units on January 11, 2025.

Summary

• Parham Javaheri, an executive at Life Time Group Holdings, acquired 34,307 restricted stock units (RSUs) on January 11, 2025.
• These RSUs represent a contingent right to receive one share of Life Time's common stock each.
• The RSUs will vest ratably over three years, starting on February 1, 2026.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed positively as it aligns executive interests with company performance. There are no negative implications.

Positives

• The acquisition of restricted stock units by an executive can be seen as a positive sign of confidence in the company's future performance.

Future Outlook

The restricted stock units will vest over a three-year period, starting February 1, 2026, which aligns the executive's interests with the long-term performance of the company.

Industry Context

This type of equity grant is a common practice for incentivizing and retaining key executives in publicly traded companies.

Comparison to Industry Standards

• Many publicly traded companies use restricted stock units as part of their executive compensation packages.
• The vesting schedule of three years is a fairly standard practice in the industry.
• Companies like Planet Fitness and Xponential Fitness also use similar equity-based compensation strategies for their executives.

Stakeholder Impact

• The acquisition of restricted stock units by an executive can be seen as a positive sign by shareholders, indicating confidence in the company's future.

Key Dates

Keywords

restricted stock units, RSUs, executive compensation, insider trading, Life Time Group Holdings, equity