Life Time Group (LTH) EVP Javaheri sells shares and reports tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Life Time Group Holdings, Inc. executive Parham Javaheri, EVP & President Club Operations, reported recent share transactions in company common stock. On March 13, he completed an open-market sale of 11,060 shares at $26.46 per share. Earlier, on March 11, 5,701 shares were disposed of to cover tax obligations, which is a withholding transaction rather than a market sale, at $26.64 per share. After these transactions, he directly holds 315,175 shares of Life Time Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,060 shares ($292,648)
Net Sell
2 txns
Insider
Javaheri Parham
Role
EVP &PRESIDENT CLUB OPERATIONS
Sold
11,060 shs ($293K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,060 | $26.46 | $293K |
| Tax Withholding | Common Stock | 5,701 | $26.64 | $152K |
Holdings After Transaction:
Common Stock — 315,175 shares (Direct)
Footnotes (1)
FAQ
What insider transactions did LTH executive Parham Javaheri report?
Parham Javaheri reported an open-market sale of 11,060 Life Time Group (LTH) shares at $26.46 and a separate 5,701-share tax-withholding disposition at $26.64. Both transactions involved the company’s common stock.
What was the tax-withholding transaction reported by LTH executive Javaheri?
Javaheri reported a tax-withholding disposition of 5,701 shares of Life Time Group (LTH) common stock at $26.64 per share, meaning shares were withheld to satisfy tax liabilities rather than sold in the open market.
What is the role of Parham Javaheri at Life Time Group Holdings (LTH)?
Parham Javaheri is an officer of Life Time Group Holdings (LTH) serving as EVP & President Club Operations. His insider transactions are reported because of this senior executive role at the company.