Form 4: Life Time Group Holdings Insider Sells Shares
Statement of Changes in Beneficial Ownership
Several entities affiliated with Green LTF Holdings II LP reported the sale of Life Time Group Holdings, Inc. common stock on May 21, 2026.
Summary
- Green LTF Holdings II LP and related entities reported transactions involving Life Time Group Holdings, Inc. common stock on May 21, 2026.
- Specifically, Green LTF Holdings II LP sold 2,951,282 shares at $32.51 per share, retaining 12,994,914 shares.
- LGP Associates VI-A sold 4,999 shares at $32.51 per share, retaining 22,010 shares.
- LGP Associates VI-B sold 49,819 shares at $32.51 per share, retaining 219,359 shares.
- The filing also lists multiple entities (GEI Capital VI, LLC, Green Equity Investors Side VI, L.P., Green Equity Investors VI, L.P., Green VI Holdings, LLC, Leonard Green & Partners, L.P., LGP Associates VI-A LLC, LGP Associates VI-B LLC, LGP MANAGEMENT INC, PERIDOT COINVEST MANAGER LLC) as having potential indirect beneficial ownership and being 10% owners.
- Messrs. John Danhakl and J. Kristofer Galashan, directors of the Issuer, are partners of LGP, an affiliate of the reporting persons, and may represent the interests of these entities on the board.
Sentiment
Score: 3
Explanation: StockSavvy.ai views this filing as neutral to slightly negative due to the significant sale of shares by a major holder, although it is a standard disclosure and does not inherently signal negative company performance.
Negatives
- Significant sale of common stock by a major holder, potentially indicating a reduction in their stake or a realization of gains.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which details past transactions.
Management Comments
- Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein and not held for record by such Reporting Person, except to the extent of its pecuniary interest therein. This report shall not otherwise be deemed an admission that the Reporting Persons are the beneficial owners of such securities not held of record by the respective Reporting Person, for purposes of Section 16 or for any other purpose.
- Messrs. John Danhakl and J. Kristofer Galashan are members of the board of directors of the Issuer, and each is a partner of LGP, which is an affiliate of the other reporting persons (the "LGP Entities"). Accordingly, Messrs. Danhakl and Galashan may be determined to represent the interests of the LGP Entities on the board of directors of the Issuer, and accordingly, the LGP Entities may be deemed to be a director for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions. The scale of the sales by Green LTF Holdings II LP suggests a significant shift in their holdings, which could be a strategic decision or a response to market conditions. The involvement of multiple affiliated entities highlights the complex ownership structures often seen with private equity or large investment firms.
Related Party Transactions
- The filing details transactions involving multiple entities that are affiliated through common management and partnership structures, including Green LTF Holdings II LP, GEI Capital VI, LLC, Green Equity Investors Side VI, L.P., Green Equity Investors VI, L.P., Green VI Holdings, LLC, Leonard Green & Partners, L.P., LGP Associates VI-A LLC, LGP Associates VI-B LLC, LGP MANAGEMENT INC, and PERIDOT COINVEST MANAGER LLC. These entities may be deemed to have indirect beneficial ownership of securities held by each other.
Stakeholder Impact
- Shareholders: The sale of a substantial number of shares by a major holder could be interpreted in various ways, potentially impacting market sentiment and share price. However, the price of sale ($32.51) is noted.
- Management/Directors: The filing clarifies the indirect beneficial ownership and director roles of individuals associated with the reporting entities, indicating potential influence on board decisions.
Key Dates
| Date | Description |
|---|---|
| 05/21/2026 | Transaction Date for stock sales by Green LTF Holdings II LP, LGP Associates VI-A, and LGP Associates VI-B. |
| 05/26/2026 | Date of signature for the filing. |
Recommendation
holdThis filing is a Form 4, which reports insider transactions. While a large sale by a major holder can be a concern, it does not provide enough information about the company's performance or future prospects to warrant a strong buy or sell recommendation. The price of the sale is noted, but without further context on the company's financial health or strategic direction, a 'hold' recommendation is prudent for seasoned investors.
Keywords
Life Time Group Holdings, LTH, Form 4, Insider Trading, Stock Sale, Beneficial Ownership, Green LTF Holdings II LP, Leonard Green & Partners
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