STOCK TITAN

Planet Fitness (NYSE: PLNT) director gets 3,226-share award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Spinelli Stephen JR

(Last)(First)(Middle)
C/O PLANET FITNESS, INC.
4 LIBERTY LANE WEST

(Street)
HAMPTON NEW HAMPSHIRE 03842

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Planet Fitness, Inc. [ PLNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A common stock05/05/2026A3,226A$0.00(1)34,805D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of shares of the issuer's common stock that vests on the earlier of the first anniversary of the grant date or the issuer's 2027 annual meeting of stockholders.
Remarks:
/s/Darrell Chichester, Attorney-in-Fact05/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Planet Fitness (PLNT) shares does Stephen Spinelli Jr. hold after this grant?

After the grant, Stephen Spinelli Jr. directly holds 34,805 shares of Planet Fitness Class A common stock. This total includes the newly awarded 3,226 shares that were granted as director compensation and will vest based on time and the company’s 2027 annual meeting.

What are the vesting terms of Stephen Spinelli Jr.’s new Planet Fitness (PLNT) share grant?

The 3,226-share Planet Fitness grant vests on the earlier of the first anniversary of the grant date or the company’s 2027 annual meeting of stockholders. This structure links vesting to both elapsed time and the regular timing of the company’s annual shareholder meeting.

Did Stephen Spinelli Jr. buy Planet Fitness (PLNT) shares on the open market in this Form 4?

No, the Form 4 shows a grant or award acquisition of 3,226 Planet Fitness shares coded as an “A” transaction. The price per share is listed as 0.0000, indicating the shares were received as compensation rather than purchased in an open-market transaction.

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.