Form 4: Life Time Group Holdings Executive Parham Javaheri Reports Stock Disposal

Parham Javaheri, EVP & President of Club Operations at Life Time Group Holdings, disposed of 5,701 shares of common stock to cover tax obligations.

Summary

• On March 11, 2025, Parham Javaheri, an executive at Life Time Group Holdings, disposed of 5,701 shares of common stock.
• The transaction was executed at a price of $28.33 per share.
• Following the transaction, Javaheri directly owns 339,971 shares of Life Time Group Holdings.
• The disposal was related to tax obligations.
• A lock-up agreement is in place, effective from February 27, 2025, restricting the sale of shares for 60 days, subject to certain exceptions.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes. The lock-up agreement adds a slight element of caution.

Risks

• The lock-up agreement could restrict Javaheri's ability to sell shares for a specified period, potentially limiting financial flexibility.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates