Form 4: Partners Group Sells 1,061,014 Shares of Life Time Group Holdings in Public Offering
SEC Form 4 Filing
Partners Group Private Equity (Master Fund), LLC and affiliated entities sold 1,061,014 shares of Life Time Group Holdings, Inc. common stock at $30.13 per share in a public offering.
Summary
- Partners Group Private Equity (Master Fund), LLC, along with Partners Group Private Equity II, LLC, Partners Group Access 83 PF LP, and Partners Group Series Access II, LLC, filed a Form 4 regarding changes in beneficial ownership of Life Time Group Holdings, Inc. (LTH) common stock.
- The filing reports the sale of 1,061,014 shares of LTH common stock at a price of $30.13 per share on March 3, 2025.
- The sale was executed as part of a public offering of LTH's common stock.
- Following the transaction, the reporting entities still beneficially own a total of 4,466,207 shares of LTH common stock.
- The reporting persons disclaim beneficial ownership of any securities deemed to be owned by the group that are not directly owned by such Reporting Person, except to the extent of their pecuniary interest, if any, therein.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a standard transaction (sale of shares) by a major shareholder. No explicit positive or negative indicators are present.
Industry Context
Form 4 filings are standard practice when significant shareholders alter their positions in a publicly traded company. This sale by Partners Group is likely driven by portfolio management decisions.
Stakeholder Impact
- The sale of shares could have a minor impact on the stock price of Life Time Group Holdings, Inc.
- The transaction affects the ownership structure of the company.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction (sale of common stock) |
| 03/05/2025 | Date of filing the Form 4 |
Keywords
Life Time Group Holdings, Partners Group, Common Stock, Beneficial Ownership, Form 4, Public Offering, Securities Exchange Act
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