Planet Fitness (NYSE: PLNT) director awarded 2,254-share equity grant
Rhea-AI Filing Summary
BENSON CRAIG R reported acquisition or exercise transactions in this Form 4 filing.
Planet Fitness, Inc. director Craig R. Benson received an equity grant of 2,254 shares of Class A common stock. The shares were awarded at $0.00 per share as part of his compensation and increase his direct holdings to 21,563 shares.
According to the terms, this stock grant vests on the earlier of the first anniversary of the May 5, 2026 grant date or the company’s 2027 annual meeting of stockholders. This is a non-derivative, compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insights
Director received routine stock grant that increases equity alignment.
Director Craig R. Benson received a grant of 2,254 Planet Fitness Class A shares at $0.00 per share as compensation. This is categorized as a “Grant, award, or other acquisition” rather than a market trade, so it carries limited signaling value about his view of the stock.
The award vests on the earlier of the first anniversary of the May 5, 2026 grant date or the company’s 2027 annual meeting of stockholders, encouraging continued board service. After this grant, Benson directly holds 21,563 shares, indicating the transaction is modest in scale but incrementally increases his equity exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 2,254 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of shares of the issuer's common stock that vests on the earlier of the first anniversary of the grant date or the issuer's 2027 annual meeting of stockholders.
Key Figures
Key Terms
Grant, award, or other acquisition financial
Class A common stock financial
annual meeting of stockholders regulatory
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