Javaheri Parham 4

What Happened Javaheri Parham, Executive Vice President & President, Club Operations at Life Time (LTH), disposed of a total of 16,761 shares in two actions. On 2026-03-11, 5,701 shares were surrendered for tax withholding at $26.64/share (value ≈ $151,875). On 2026-03-13, 11,060 shares were sold in an open-market transaction at $26.46/share (value ≈ $292,648). Combined proceeds reported: about $444,523. These were disposals (not purchases), with the tax-withholding tranche typically viewed as a routine event following an award or option exercise.

Key Details

• Transactions and prices:
  • 2026-03-11 — 5,701 shares withheld to satisfy tax liability (code F) at $26.64/share (~$151,875).
  • 2026-03-13 — 11,060 shares sold in the open market (code S) at $26.46/share (~$292,648).
• Total shares disposed: 16,761; total reported proceeds: ≈ $444,523.
• Shares owned after the transactions: not specified in this Form 4 filing.
• Footnotes/transaction codes: F = payment of exercise price or tax liability (shares surrendered/withheld); S = open-market sale.
• Filing timeliness: Form 4 was filed on 2026-03-13 for transactions on 2026-03-11 and 2026-03-13 — within the normal reporting window (not indicated as late).

Context

• The F-code withholding suggests shares were surrendered to cover taxes from a prior award or option exercise; this is common and typically administrative rather than a market-timing signal. The subsequent open-market sale converted additional shares to cash. These transactions are disposals, so they do not indicate a purchase-based vote of confidence in the stock.