Erik Weaver, an officer at Life Time Group Holdings, Inc., has filed a Form 144 to sell 6,713 shares of the company. This filing, submitted on October 30, 2026, indicates that the shares are being sold following a recent vesting of restricted stock. The total market value of the shares is approximately $300,951.29.

This transaction is significant as it reflects ongoing stock activity within the membership sports and recreation industry, a sector that includes various competitors and market dynamics. Weaver's sale follows two other transactions within the past three months, where he sold a total of 53,535 shares for gross proceeds exceeding $2.1 million.

Background

Life Time Group Holdings, Inc. operates in the services sector, specifically under the category of membership sports and recreation clubs. The company is incorporated in Delaware and has its business address in Chanhassen, Minnesota. Life Time is publicly traded on the NYSE under the SEC file number 001-40887.

What the Filing Says

The filing states, "The nature of acquisition transaction is Restricted Stock Vesting," indicating that the shares being sold were acquired as part of Weaver's compensation package. The filing also notes that the shares are being sold through Fidelity Brokerage Services LLC.

Impact

This sale may affect various stakeholders, including investors, employees, and competitors in the sports and recreation industry. As an officer of Life Time, Weaver's actions could be interpreted as a signal regarding the company's performance and outlook.

What's Next

The filing does not say what happens next.