Form 4: Life Time Group Holdings Executive Reports Stock Transactions

Parham Javaheri, EVP & President of Club Operations at Life Time Group Holdings, reports acquisition of shares and disposition due to tax withholding.

Summary

• On February 23, 2024, Parham Javaheri, EVP & President Club Operations of Life Time Group Holdings, acquired 20,032 shares of Common Stock at $0.
• On the same day, Javaheri disposed of 6,308 shares of Common Stock at $12.48.
• Following these transactions, Javaheri directly owns 238,872 shares of Life Time Group Holdings.
• The disposition of shares was likely to cover tax obligations related to the acquisition of shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a standard disclosure of stock transactions by an executive. The acquisition and disposition are part of normal compensation and tax management.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the actions of key personnel and their confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent a small percentage of the total outstanding shares.

Key Dates