EVP Eric Buss Exercises Options, Sells $21.6M in LTH Stock

summarizeSummary

Life Time Group EVP Eric Buss exercised options and sold 479,240 shares for $21.6 million, continuing a trend of large insider sales at the company.

check_boxKey Events · Ownership and Investor Activity · LTH

• EVP Exercises Options, Sells All Acquired Shares

  Eric J. Buss, EVP & Chief Admin. Officer, exercised options to acquire 479,240 shares at strike prices ranging from $13.65 to $19.32, then sold the entire block on the open market at $44.97 per share, generating $21.55 million in proceeds.

• Transaction Size Notable at 0.3% of Market Cap

  The $21.6 million sale represents approximately 0.3% of Life Time Group's $10 billion market capitalization, a significant monetization by a senior executive.

• Adds to Pattern of Heavy Insider Selling

  This sale follows a series of large dispositions by directors and institutional investors over the past three months, including multiple $100M+ block sales by TPG, Leonard Green, and others.

• Post-Transaction Holdings Remain Substantial

  After the sale, Buss retains 953,248 shares directly, indicating continued alignment with shareholders despite the large cash-out.

auto_awesomeAnalysis · LTH · Trade & Services

EVP & Chief Admin. Officer Eric J. Buss exercised deeply in-the-money options to acquire 479,240 shares at strike prices between $13.65 and $19.32, then immediately sold all of them on the open market at $44.97, pocketing $21.6 million. While option exercises and sales by non-CEO officers are common, the size of this transaction — representing roughly 0.3% of the company's market cap — is notable, especially against a backdrop of heavy insider selling by directors and major institutional holders over the past three months. Buss still holds over 953,000 shares post-transaction, so this is not a complete exit, but it adds to the pattern of significant insider monetization at Life Time Group.