Form 4: Planet Fitness CFO Jay Stasz Reports Stock Grant and Disposal
SEC Form 4
Jay Stasz, CFO of Planet Fitness, reports the acquisition of 5,161 shares of Class A common stock and the disposal of 8,329 shares on March 15, 2025.
Summary
- On March 15, 2025, Jay Stasz, the Chief Financial Officer of Planet Fitness, Inc., reported transactions involving the company's Class A common stock.
- Stasz acquired 5,161 shares of Class A common stock at a price of $0.00.
- These shares represent a grant of restricted stock units that vest in equal installments over three years from the grant date.
- Stasz also disposed of 8,329 shares of Class A common stock.
- Following these transactions, the total number of securities beneficially owned by Stasz is 8,329 shares.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of stock transactions. The grant of stock units is generally a positive sign, but the disposal of shares offsets some of that positive sentiment.
Positives
- The grant of restricted stock units to the CFO aligns his interests with the long-term performance of the company.
Future Outlook
The restricted stock units will vest over the next three years.
Industry Context
This is a standard SEC filing related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The stock transactions of company executives are of interest to shareholders as they provide insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 2024-11-06 | Date of Power of Attorney execution by Jay Stasz. |
| 2025-03-15 | Date of stock grant and disposal transactions. |
| 2025-03-18 | Date of signature for the Form 4 filing. |
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