Form 4: TPG GP A, LLC, James G. Coulter, and Jon Winkelried Report Changes in Beneficial Ownership of Life Time Group Holdings, Inc. (LTH)

Sentiment:

SEC Form 4


TPG GP A, LLC, James G. Coulter, and Jon Winkelried reported a disposition of Life Time Group Holdings, Inc. Class A Common Stock on March 3, 2025.

Summary

  • On March 3, 2025, TPG GP A, LLC, James G. Coulter, and Jon Winkelried reported changes in their beneficial ownership of Life Time Group Holdings, Inc. (LTH) Class A Common Stock.
  • The transaction involved the disposition of 7,067,299 shares at a price of $30.13 per share.
  • Following the transaction, the reporting parties indirectly beneficially own 29,748,906 shares of Class A Common Stock.
  • The reporting persons, including TPG GP A, LLC, Coulter, and Winkelried, disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.
  • The filing indicates that the reporting persons are jointly filing the Form 4.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.

Management Comments

  • Each TPG Fund and each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such TPG Fund's or such Reporting Person's pecuniary interest therein, if any.
  • This filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders of a publicly traded company buy or sell shares, providing transparency to the market.

Stakeholder Impact

  • The transaction could potentially influence investor sentiment regarding Life Time Group Holdings, Inc.

Key Dates

DateDescription
01/10/2024Date of authorization and designation letters for Gerald Neugebauer to sign on behalf of Messrs. Coulter and Winkelried.
03/03/2025Date of the transaction involving the disposition of Class A Common Stock.
03/05/2025Date of the Form 4 filing.

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