Planet Fitness (PLNT) director Harmit Singh receives 263-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Singh Harmit J reported acquisition or exercise transactions in this Form 4 filing.
Planet Fitness, Inc. reported that director Harmit J. Singh received an equity grant in the form of restricted stock units covering 263 shares of Class A common stock. The award was granted at no cash cost per share and represents equity-based compensation.
According to the disclosure, these restricted stock units vest on the earlier of the company’s next annual meeting of stockholders or the first anniversary of the grant date. Following this grant, Singh is reported as holding 263 shares of Planet Fitness Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singh Harmit J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 263 | $0.00 | -- |
Holdings After Transaction:
Class A common stock — 263 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Planet Fitness (PLNT) disclose for Harmit J. Singh?
Planet Fitness disclosed that director Harmit J. Singh received a grant of 263 restricted stock units of Class A common stock. The award was recorded at a price of $0.00 per share as part of his equity-based compensation.
What are the vesting terms of Harmit J. Singh’s Planet Fitness (PLNT) restricted stock units?
The restricted stock units granted to Harmit J. Singh vest on the earlier of Planet Fitness’s next annual meeting of stockholders or the first anniversary of the grant date. Vesting must occur before the underlying Class A shares are fully delivered.
Is Harmit J. Singh’s Planet Fitness (PLNT) equity grant an open-market purchase?
No, the 263-share award to Harmit J. Singh is a compensation-related grant of restricted stock units at $0.00 per share. It is not an open-market purchase and does not reflect a cash investment decision in the public market.
Does the Planet Fitness (PLNT) Form 4 indicate any stock sales by Harmit J. Singh?
The Form 4 shows no stock sales by Harmit J. Singh. It reports only an acquisition transaction coded as a grant or award of 263 restricted stock units of Class A common stock, with no corresponding disposition entries.