Planet Fitness (NYSE: PLNT) director gets 3,226-share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spinelli Stephen JR reported acquisition or exercise transactions in this Form 4 filing.
Planet Fitness, Inc. director Stephen Spinelli Jr. received a grant of 3,226 shares of Class A common stock as compensation. The award was granted at no cash cost per share and increases his directly held stake to 34,805 shares.
The granted shares vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual meeting of stockholders, tying the award to both time in service and the board’s regular meeting cycle.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Spinelli Stephen JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 3,226 | $0.00 | -- |
Holdings After Transaction:
Class A common stock — 34,805 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 3,226 shares
Post-transaction holdings: 34,805 shares
Grant price per share: $0.0000 per share
3 metrics
Shares granted
3,226 shares
Director equity grant on May 5, 2026
Post-transaction holdings
34,805 shares
Shares directly held after grant
Grant price per share
$0.0000 per share
Equity award with no cash paid
Key Terms
grant, vests, annual meeting of stockholders, Class A common stock, +1 more
5 terms
grant financial
"Represents a grant of shares of the issuer's common stock that vests"
vests financial
"grant of shares of the issuer's common stock that vests on the earlier"
annual meeting of stockholders financial
"first anniversary of the grant date or the issuer's 2027 annual meeting of stockholders"
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""
FAQ
What insider transaction did Planet Fitness (PLNT) report for Stephen Spinelli Jr.?
Planet Fitness reported that director Stephen Spinelli Jr. received a grant of 3,226 shares of Class A common stock. The shares were awarded at no cash cost per share and are part of his equity-based compensation as a member of the board of directors.
Is the Planet Fitness (PLNT) Form 4 transaction a routine compensation grant?
Yes, the transaction is described as a grant, award, or other acquisition of 3,226 shares with no cash paid per share. The footnote explains the shares vest over time or at the 2027 annual meeting, which is typical of routine director equity compensation structures.