Planet Fitness (NYSE: PLNT) awards CFO 92,832 RSUs
Rhea-AI Filing Summary
Sudhanshu Priyadarshi reported acquisition or exercise transactions in this Form 4 filing.
Planet Fitness, Inc. reported that its CFO & President, International, Sudhanshu Priyadarshi, received an equity award in the form of restricted stock units tied to its Class A common stock.
The grant covers 92,832 shares at no cash cost to him and vests in three equal annual installments on each of the first three anniversaries of the grant date. Following this award, he holds 92,832 shares directly, as shown in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 92,832 shares
Net Buy
1 txn
Insider
Sudhanshu Priyadarshi
Role
CFO & President, International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 92,832 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 92,832 shares (Direct)
Footnotes (1)
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Key Figures
Equity award size: 92,832 shares
Grant price: $0.0000 per share
Post-transaction holdings: 92,832 shares
+2 more
5 metrics
Equity award size
92,832 shares
Restricted stock units tied to Class A Common Stock
Grant price
$0.0000 per share
Compensation grant, not open-market purchase
Post-transaction holdings
92,832 shares
Direct ownership after the award
Vesting schedule
3 equal annual installments
On each of the first three anniversaries of grant
Transaction date
2026-06-25
Grant date of restricted stock units
Key Terms
restricted stock units, Class A Common Stock, Grant, award, or other acquisition, direct ownership
4 terms
restricted stock units financial
"Represents the grant of restricted stock units with respect to shares of the issuer's common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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"
direct ownership financial
"ownership_type: direct"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Planet Fitness (PLNT) report in this Form 4?
Planet Fitness reported an equity award to its CFO & President, International. Sudhanshu Priyadarshi received restricted stock units representing 92,832 shares of Class A common stock, recorded as an acquisition at no cash cost to him in this filing.
How do the Planet Fitness (PLNT) restricted stock units vest for the CFO?
The restricted stock units vest in three equal annual installments. Vesting occurs on each of the first three anniversaries of the grant date, gradually delivering full ownership of the 92,832 Planet Fitness Class A shares over this three-year period.
Does this Planet Fitness (PLNT) Form 4 show any insider stock sales?
No insider sales are reported in this Form 4. The filing only shows an acquisition via a compensation grant of 92,832 restricted stock units to the CFO & President, International, with no corresponding disposals or sales of Planet Fitness shares.