Planet Fitness (NYSE: PLNT) director gains 320-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tanco Christopher reported acquisition or exercise transactions in this Form 4 filing.
Planet Fitness, Inc. director Christopher Tanco received a grant of 320 shares of Class A common stock, which vested on the grant date at no cash cost per share. Following this equity award, he directly holds 12,859 shares, reflecting a routine compensation-related increase in his ownership stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tanco Christopher
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 320 | $0.00 | -- |
Holdings After Transaction:
Class A common stock — 12,859 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 320 shares
Grant price per share: $0.0000 per share
Shares held after grant: 12,859 shares
3 metrics
Shares granted
320 shares
Equity grant of Class A common stock
Grant price per share
$0.0000 per share
Recorded transaction price for the award
Shares held after grant
12,859 shares
Direct holdings following the transaction
Key Terms
Class A common stock, Grant, award, or other acquisition, vests on the grant date
3 terms
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vests on the grant date financial
"Represents a grant of shares ... that vests on the grant date."
FAQ
What insider transaction did Planet Fitness (PLNT) director Christopher Tanco report?
Christopher Tanco reported receiving a grant of 320 Planet Fitness Class A common shares. The award vested on the grant date and was recorded at a price of $0.0000 per share, indicating a compensation-related stock grant rather than an open-market purchase.
What type of Planet Fitness (PLNT) security did Christopher Tanco receive?
Christopher Tanco received 320 shares of Planet Fitness Class A common stock. The grant vested on the grant date, increasing his direct holdings and aligning his compensation with the company’s equity rather than involving any derivative securities or options.
Is Christopher Tanco’s Planet Fitness (PLNT) transaction a buy or a grant?
The transaction is classified as a grant or award acquisition, not an open-market buy. The filing identifies it as a “Grant, award, or other acquisition,” with 320 Class A common shares vesting on the grant date as part of equity compensation.