4/A: LifeCo LLC Transfers 9 Million Shares of Life Time Group Holdings to Bevco Lux S.a.r.l.

LifeCo LLC transferred 9,002,099 shares of Life Time Group Holdings to Bevco Lux S.a.r.l. through its parent company Aguila Ltd.

Summary

• LifeCo LLC, a significant shareholder of Life Time Group Holdings, transferred 9,002,099 common stock shares to Bevco Lux S.a.r.l.
• The transfer occurred on December 19, 2024.
• The shares were transferred through LifeCo LLC's parent company, Aguila Ltd.
• Aguila Ltd. controls LifeCo LLC and indirectly controls Bevco Lux, making it a beneficial owner of the transferred shares.
• The transfer was made at a price of $0 per share, indicating a non-cash transaction.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing a share transfer between related entities. It does not indicate any positive or negative sentiment regarding the company's performance or outlook.

Management Comments

• Alec Anderson signed the report on behalf of the reporting persons.

Industry Context

This transaction reflects internal ownership changes within major shareholders of Life Time Group Holdings, which is common in corporate structures. It does not indicate any change in the underlying business operations of Life Time Group Holdings.

Comparison to Industry Standards

• Share transfers between related entities are a common practice in corporate finance and are often used for tax planning or restructuring purposes.
• The use of holding companies like Aguila Ltd. to manage investments is a standard practice among large investors.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement for significant shareholders.

Related Party Transactions

• The transfer of shares from LifeCo LLC to Bevco Lux S.a.r.l. is a related party transaction as both entities are controlled by Aguila Ltd.

Stakeholder Impact

• The share transfer does not have a direct impact on the operations of Life Time Group Holdings.
• The transaction primarily affects the ownership structure of the company's shares.

Key Dates

Keywords

Life Time Group Holdings, LifeCo LLC, Bevco Lux S.a.r.l., Aguila Ltd., share transfer, beneficial ownership, SEC Form 4, equity securities