Planet Fitness (PLNT) COO awarded 6,560 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bode William reported acquisition or exercise transactions in this Form 4 filing.
Planet Fitness, Inc. reported that Chief Operating Officer William Bode received a grant of 6,560 shares of Class A common stock in the form of restricted stock units. These units vest in equal installments on each of the first three anniversaries of the grant date. Following this award, Bode directly holds 32,204 shares of Planet Fitness common stock. This is a stock-based compensation grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bode William
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 6,560 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 32,204 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Planet Fitness (PLNT) report for William Bode?
Planet Fitness reported that Chief Operating Officer William Bode received a grant of 6,560 restricted stock units of Class A common stock. These units were awarded as compensation and are scheduled to vest over three years, increasing his direct equity stake in the company.
Was the Planet Fitness (PLNT) Form 4 a stock purchase or a grant?
The Form 4 reflects a grant of restricted stock units to William Bode, not an open-market stock purchase. The transaction code is “A,” indicating a grant or award, with a price per share of $0.0000, consistent with equity compensation rather than a market trade.
How do the granted restricted stock units for Planet Fitness (PLNT) vest?
The 6,560 restricted stock units granted to William Bode vest in three equal annual installments. Vesting occurs on each of the first three anniversaries of the grant date, aligning his compensation with longer-term company performance and retention objectives, as described in the filing footnote.
Does the Planet Fitness (PLNT) Form 4 indicate any insider stock sales?
The Form 4 does not report any insider stock sales by William Bode. It shows only one acquisition transaction coded “A” for a 6,560-share restricted stock unit grant, with no sell transactions or derivative exercises disclosed in the summarized data.