Form 4: Planet Fitness Director Acquires Shares
Statement of Changes in Beneficial Ownership
Planet Fitness Director Craig R. Benson acquired 2,254 shares of Class A common stock on May 5, 2026, as part of a vesting award.
Summary
- Director Craig R. Benson acquired 2,254 shares of Planet Fitness, Inc. Class A common stock on May 5, 2026.
- The acquisition was made at a price of $0.00, indicating it was likely a stock grant or award.
- Following this transaction, Mr. Benson beneficially owns 21,563 shares of Class A common stock.
- The acquired shares are subject to a vesting schedule, vesting on the earlier of the first anniversary of the grant date or the issuer's 2027 annual meeting of stockholders.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a standard stock grant to a director with a vesting schedule, indicating ongoing commitment rather than a significant new development.
Positives
- Director Craig R. Benson's acquisition of shares signals continued confidence in the company.
- The acquisition is part of a vesting award, suggesting a long-term incentive for the director.
Future Outlook
The acquired shares are subject to a vesting schedule, with vesting occurring on the earlier of the first anniversary of the grant date or Planet Fitness's 2027 annual meeting of stockholders.
Industry Context
StockSavvy.ai notes that director stock acquisitions, particularly those tied to vesting schedules, are common in the fitness industry as a means of aligning executive interests with long-term shareholder value.
Stakeholder Impact
- Shareholders: The acquisition by a director can be viewed positively as it aligns management's interests with shareholders.
- Employees: The vesting schedule for the director's shares may reflect broader employee incentive structures.
- Management: The transaction is a standard part of executive compensation and incentive alignment.
Next Steps
- Vesting of the acquired shares on the earlier of the first anniversary of the grant date or the issuer's 2027 annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 07/28/2017 | Execution date of a Power of Attorney by Craig Benson. |
| 05/05/2025 | Execution date of a limited Power of Attorney by Craig Benson. |
| 05/05/2026 | Transaction date for the acquisition of 2,254 shares of Class A common stock by Craig R. Benson. |
| 05/06/2026 | Date of signature for the Form 4 filing. |
| 2027 | Year of the issuer's annual meeting of stockholders, which is a potential vesting date for the acquired shares. |
Keywords
Planet Fitness, PLNT, Form 4, SEC Filing, Stock Acquisition, Director, Beneficial Ownership, Class A Common Stock, Vesting Award
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