Planet Fitness (NYSE: PLNT) CMO reports 163-share tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Planet Fitness Chief Marketing Officer Brian Povinelli reported a tax-related share disposition. On 02/10/2026, 163 shares of Planet Fitness Class A common stock were withheld at $93.01 per share to cover taxes due on the vesting of 548 restricted stock units, pursuant to a prior election.
After this tax-withholding disposition, Povinelli beneficially owned 4,190 shares of Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Povinelli Brian
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A common stock | 163 | $93.01 | $15K |
Holdings After Transaction:
Class A common stock — 4,190 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Planet Fitness (PLNT) report for Brian Povinelli?
Planet Fitness Chief Marketing Officer Brian Povinelli reported a tax-withholding disposition of 163 Class A common shares. The shares were withheld to pay taxes tied to the vesting of 548 restricted stock units, rather than sold in an open-market transaction.
Was the Planet Fitness (PLNT) insider transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition coded “F,” not an open-market sale. The 163 shares of Class A common stock were withheld to satisfy tax obligations arising from the vesting of 548 restricted stock units.
What does transaction code “F” mean in the Planet Fitness (PLNT) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability using securities. In this case, 163 Planet Fitness Class A shares were withheld to satisfy taxes due on the vesting of 548 restricted stock units awarded to the executive.
What triggered the tax-withholding disposition reported for Planet Fitness (PLNT)?
The disposition was triggered by the vesting of 548 restricted stock units held by Brian Povinelli. Pursuant to a prior written election, 163 Planet Fitness Class A shares were withheld to pay the associated tax liability on that vesting event.