Life time group director Galashan sells $126.1m in stock

Life Time Group Holdings' director John Kristofer Galashan sold shares of the company's stock on August 26, 2026, totaling approximately $126.1 million. The shares were sold at $43.8 each, representing 2,879,154 shares. Galashan indirectly owned these shares through multiple entities, including Green LTF Holdings II LP, LGP Associates VI-A LLC, and LGP Associates VI-B LLC.

Following the sale, he indirectly owned 3,029,450 shares, held by Green LTF, Associates VI-A, and Associates VI-B. The stock had been trading near its 52-week high at $43.51, with a 56% gain over the past year. Despite the sale, Life Time Group reported strong second-quarter results, surpassing expectations with adjusted earnings of $0.48 per share and revenue of $866 million.

UBS, BofA Securities, Guggenheim, and Goldman Sachs have all raised their price targets and issued Buy ratings for Life Time, citing the company's premium brand status and potential for growth in membership and dues.