Planet Fitness (PLNT) director adds 10,000 shares in open-market buy
Rhea-AI Filing Summary
Planet Fitness, Inc. director Stephen Spinelli Jr. purchased 10,000 shares of Class A common stock on August 10, 2026 in an open-market transaction at a weighted average price of $49.28 per share. The shares were bought in multiple trades between $49.20 and $49.32, bringing his direct holdings to 45,516 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
1 txn
Insider
Spinelli Stephen JR
Role
Director
Bought
10,000 shs ($493K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock F1 | 10,000 | $49.28 | $493K |
Holdings After Transaction:
Class A common stock — 45,516 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $49.20 to $49.32, 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.
Key Figures
Shares purchased: 10,000 shares
Weighted average purchase price: $49.28 per share
Post-transaction holdings: 45,516 shares
+1 more
4 metrics
Shares purchased
10,000 shares
Class A common stock bought on August 10, 2026
Weighted average purchase price
$49.28 per share
Open-market purchase of 10,000 shares
Post-transaction holdings
45,516 shares
Direct holdings after the August 10, 2026 transaction
Trade price range
$49.20 to $49.32 per share
Range of individual trade prices within the 10,000-share purchase
Key Terms
weighted average price, open market or private transaction, Class A common stock
3 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.
open market or private transaction financial
"transaction_code_description: Purchase in open market or private transaction"
Class A common stock financial
"security_title: Class A common stock"
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.
FAQ
What insider transaction did PLNT director Stephen Spinelli Jr. report?
Stephen Spinelli Jr., a director of Planet Fitness (PLNT), reported buying 10,000 shares of Class A common stock on August 10, 2026. The purchase was an open-market transaction at a weighted average price of $49.28 per share.
Was the recent PLNT insider trade by Stephen Spinelli Jr. a purchase or sale?
The reported Planet Fitness (PLNT) insider trade by Stephen Spinelli Jr. was a purchase. He acquired 10,000 shares of Class A common stock in an open-market transaction, with no sales reported in this Form 4 filing.
Did the Planet Fitness (PLNT) filing mention a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox was not selected, meaning the transaction was not affirmed as made under a Rule 10b5-1 trading plan. The reported trade is therefore not identified as pre-arranged under such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.