Planet Fitness (NYSE: PLNT) CMO granted 4,930 restricted stock units in award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Planet Fitness, Inc. Chief Marketing Officer Brian Povinelli received a grant of 4,930 shares tied to Class A common stock as equity compensation. The award consists of restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. Following this grant, he directly holds 9,120 shares. This is a compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Povinelli Brian
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 4,930 | $0.00 | -- |
Holdings After Transaction:
Class A common stock — 9,120 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Planet Fitness (PLNT) report for Brian Povinelli?
Planet Fitness reported that Chief Marketing Officer Brian Povinelli received a grant of 4,930 restricted stock units tied to Class A common stock. This is a compensation-related equity award, not an open-market stock purchase or sale.
What are the vesting terms of Brian Povinelli’s Planet Fitness (PLNT) stock grant?
The award is a grant of restricted stock units that vests in three equal annual installments. Vesting occurs on each of the first three anniversaries of the grant date, subject to the usual continued-service and plan conditions.
Was Brian Povinelli’s Planet Fitness (PLNT) transaction a stock purchase or sale?
The transaction was neither a market purchase nor a sale. It was a grant or award acquisition of 4,930 restricted stock units at a reported price of $0.00 per share, reflecting equity-based compensation rather than trading activity.
Does this Planet Fitness (PLNT) Form 4 indicate any derivative exercises or option activity?
No derivative exercises or option conversions are shown in this Form 4. The filing reports only a single non-derivative equity award of restricted stock units, with no accompanying option exercises, sales, gifts, or tax-withholding dispositions.