Planet Fitness director buys 2,328 shares at $51
A Planet Fitness director, through a trust, bought 2,328 PLNT shares at about $51.23, and now reports 17,879 total shares held directly and indirectly.
Rhea-AI Filing Summary
Planet Fitness, Inc. (PLNT) director Christopher Tanco reported an indirect purchase of Class A common stock. On September 14, 2026, Maligaya Trust dtd 06/06/2024, associated with Tanco, purchased 2,328 shares at a weighted average price of $51.2281 per share and now holds 2,328 shares. Tanco also reports 15,551 shares held directly. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,328 shares
Net Buy
2 txns
Insider
Tanco Christopher
Role
Director
Bought
2,328 shs ($119K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock F1, F2 | 2,328 | $51.2281 | $119K |
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 2,328 shares (Indirect, Trust);
Class A common stock — 15,551 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $51.22 to $51.23, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
- F2. On September 14, 2026, Christopher Tanco, through Maligaya Trust dtd 06/06/2024, purchased 2,328 shares of Class A common stock of Planet Fitness, Inc. (the "Company"). Following the transaction, Maligaya Trust dtd 06/06/2024 held 2,328 shares of the Company's Class A common stock.
Key Figures
Shares purchased indirectly: 2,328 shares
Weighted average purchase price: $51.2281 per share
Indirect holdings after transaction: 2,328 shares
+2 more
5 metrics
Shares purchased indirectly
2,328 shares
Class A common stock acquired on September 14, 2026 through Maligaya Trust
Weighted average purchase price
$51.2281 per share
Price for 2,328 Planet Fitness, Inc. shares, with trades from $51.22 to $51.23
Indirect holdings after transaction
2,328 shares
Shares of Class A common stock held by Maligaya Trust after the purchase
Direct holdings after transaction
15,551 shares
Class A common stock held directly by Christopher Tanco as reported
Net shares bought
2,328 shares
Net buy direction across reported non-derivative transactions in this Form 4
Key Terms
weighted average price, indirect, Class A common stock, Trust
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect financial
"The 2,328 shares are reported as indirect ownership through a trust."
Class A common stock financial
"purchased 2,328 shares of Class A common stock of Planet Fitness, Inc."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Trust financial
"On September 14, 2026, Christopher Tanco, through Maligaya Trust dtd 06/06/2024, purchased 2,328 shares"
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PLNT director Christopher Tanco report?
Christopher Tanco reported an indirect purchase of 2,328 Class A common shares of Planet Fitness, Inc. on September 14, 2026 through Maligaya Trust dtd 06/06/2024, according to the Form 4 filing.
What are Christopher Tanco’s reported direct holdings of PLNT stock after this filing?
Following the reported transaction, Christopher Tanco’s direct holdings of Planet Fitness, Inc. Class A common stock are listed as 15,551 shares held directly, separate from the trust’s indirect holdings.
Was the PLNT insider purchase made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and no Rule 10b5-1 trading plan is reported for the September 14, 2026 Planet Fitness, Inc. share purchase.
Is the Planet Fitness (PLNT) purchase attributed to a trust or to Christopher Tanco personally?
The Form 4 states that on September 14, 2026, Maligaya Trust dtd 06/06/2024, associated with Christopher Tanco, purchased the 2,328 PLNT shares, and those shares are reported as indirect ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
