Form 4: Life Time Group Holdings Executive Sells Over 84,000 Shares

Parham Javaheri, EVP & President Club Operations at Life Time Group Holdings, Inc., sold 84,744 shares of common stock for approximately $2.36 million on June 12, 2025, as permitted by a pre-existing lock-up agreement.

Summary

• The reporting person is Parham Javaheri, Executive Vice President & President Club Operations of Life Time Group Holdings, Inc. (LTH).
• On June 12, 2025, Mr. Javaheri disposed of 84,744 shares of Life Time Group Holdings, Inc. common stock.
• The shares were sold at a weighted average price of $27.8389 per share, with individual sale prices ranging from $27.50 to $28.08.
• The total value of the shares sold is approximately $2,358,490.76.
• Following this transaction, Mr. Javaheri beneficially owns 249,526 shares of common stock.
• The sale was conducted pursuant to a lock-up agreement dated June 5, 2025, between the reporting person and J.P. Morgan Securities LLC and BofA Securities, Inc.
• The remaining shares beneficially owned by Mr. Javaheri continue to be subject to the transfer restrictions outlined in the Lock-Up Agreement.

Sentiment

Score: 4

Explanation: The document reports an insider sale of common stock by a key executive. While insider selling can be perceived negatively, the transaction was conducted under a pre-existing lock-up agreement, suggesting a planned divestiture rather than a reaction to new negative information, thus mitigating some negative sentiment.

Negatives

• A high-ranking executive, Parham Javaheri, sold a significant number of shares (84,744), which can sometimes be perceived by the market as a negative signal regarding future company prospects or insider confidence.

Risks

• The document notes that intentional misstatements or omissions of facts constitute Federal Criminal Violations, as per 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Sale of 84,744 shares of common stock by Parham Javaheri, EVP & President Club Operations, who is an insider of Life Time Group Holdings, Inc.

Stakeholder Impact

• Shareholders may interpret the insider sale as a signal, potentially influencing their perception of the company's stock, although the sale being part of a lock-up agreement provides context.

Next Steps

• The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Key Dates

Keywords

Life Time Group Holdings, LTH, insider trading, Form 4, stock sale, executive compensation, beneficial ownership, Parham Javaheri, SEC filing