Life Time CEO Bahram Akradi Sells 264,000 Shares for $11.9M
LTH sits 85% above its 52-week low of $24.14.
Summary
Founder-CEO Bahram Akradi sold 264,000 Life Time shares for $11.9M at about $45.04, trimming his direct stake to 3.35M shares amid a multi-month wave of insider selling.
Key Events · Ownership and Investor Activity · LTH
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CEO Sells 264,000 Shares
Bahram Akradi disposed of 264,000 shares on 2026-10-30 at a weighted average price of $45.0434, for total proceeds of $11,891,457.60.
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Stake Trimmed, Not Exited
Direct holdings fell to 3,351,086 shares; he also holds 11,484,792 shares through his revocable trust and 919,668 shares across two GST family trusts.
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Part of Broad Insider Selling
13 insiders have sold roughly $1.05B over the past 90 days with no open-market purchases, including large blocks from Leonard Green affiliates in August.
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Sale Follows Raised Guidance
The sale comes days after Q3 revenue of $893.5M (+14.2%) and a full-year revenue outlook of $3.38B-$3.39B, so it coincides with positive operating news.
Analysis · LTH · Trade & Services
Founder and CEO Bahram Akradi sold 264,000 shares at a weighted average of $45.04, pocketing $11.9M. The trade amounts to only about 0.12% of the company's market value and roughly 7% of his direct stake, so it is not a liquidation. It does, however, land in the middle of a broad insider distribution wave: 13 insiders have sold about $1.05B over the past 90 days with zero open-market buys, and Leonard Green affiliates have been offloading large blocks since August. A CEO sale is the one insider action that carries real weight, and this one comes just days after the company raised full-year revenue guidance to $3.38B-$3.39B on strong Q3 results. The sale therefore reads as diversification into strength rather than a reaction to bad news. The filing does not state whether the trade was made under a 10b5-1 plan.
How filings like this one have moved
In the 30 days to Nov 3, 2026, 32.3% of the 2077 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LTH was trading at $44.57 on NYSE in the Trade & Services sector, with a market capitalization of approximately $10B. The 52-week trading range was $24.14 to $47.32. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.