Form 4: Life Time Group Holdings Executive Exercises Options and Sells Shares

Parham Javaheri, EVP & President of Club Operations at Life Time Group Holdings, exercised stock options and sold shares on November 22, 2024.

Summary

• Parham Javaheri, an executive at Life Time Group Holdings, exercised stock options to acquire 168,000 shares of common stock.
• The options were exercised at prices of $12.05, $11.48, and $10 per share.
• Following the exercise of options, Mr. Javaheri sold 168,000 shares at a weighted average price of $24.5725 per share.
• The sales occurred in multiple transactions with prices ranging from $24.50 to $24.67 per share.
• After these transactions, Mr. Javaheri directly owns 243,938 shares of Life Time Group Holdings common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock option exercises and sales by an executive. It does not contain any information that would be considered positive or negative from an investment perspective.

Industry Context

This is a routine filing related to executive stock option exercises and sales, which is common in publicly traded companies. It does not indicate any specific trend in the fitness industry.

Comparison to Industry Standards

• Executive stock option exercises and sales are a common practice across publicly traded companies, including those in the fitness and wellness industry.
• The reported transactions are within the typical range for executive compensation and do not appear to be unusual compared to similar filings from other companies such as Planet Fitness or Xponential Fitness.

Stakeholder Impact

• The transactions may have a minor impact on the stock price due to the sale of shares by an executive.
• The exercise of options dilutes the existing shares slightly.

Key Dates

Keywords

stock options, insider trading, share sale, executive compensation, Life Time Group Holdings, LTH