Planet Fitness director receipt of 515 shares updates holding to 30,359
Rhea-AI Filing Summary
Planet Fitness, Inc. (PLNT) director Stephen Spinelli Jr. reported receiving a grant of 515 shares of Class A common stock that vested on 10/01/2025 with a reported price of $0.00 (described as vesting on the grant date). After the transaction, Mr. Spinelli beneficially owns 30,359 shares. The Form 4 was filed as a single reporting person filing and signed by an attorney-in-fact on 10/02/2025. The filing discloses a routine, immediate vesting equity grant to a company director and updates his total reported holdings.
Positive
- 515 shares granted and vested on 10/01/2025, aligning director interests with shareholders
- Beneficial ownership updated to 30,359 shares, increasing disclosed insider stake
Negative
- None.
Insights
Director received immediate equity alignment: 515 shares on 10/01/2025.
The Form 4 shows a grant of 515 Class A shares to director Stephen Spinelli Jr. that vested on the grant date and were reported with a price of $0.00. Immediate vesting suggests the award was fully earned or treated as immediately deliverable rather than subject to future service-based vesting.
This updates his beneficial ownership to 30,359 shares, reflecting his stake as reported on the filing; the change is material to ownership disclosure but is a routine director compensation item rather than a transaction indicating open-market trading behavior.
FAQ
What did Planet Fitness (PLNT) report in this Form 4?
Did the Form 4 report any sale of PLNT shares?
What price was reported for the granted shares?
Who filed the Form 4 for PLNT and when?
Is this filing an individual or joint filing for PLNT insider activity?