Form 4: Planet Fitness Director Acquires Shares Through Stock Grant

Cambria W. Dunaway, a director at Planet Fitness, Inc., acquired 238 shares of Class A Common Stock through a grant on January 2, 2025.

Summary

• Cambria W. Dunaway, a director of Planet Fitness, Inc., received 238 shares of Class A Common Stock on January 2, 2025.
• The shares were acquired through a grant and vested immediately on the grant date.
• The transaction did not involve any monetary exchange, with a price of $0.00 per share.
• Following this transaction, Ms. Dunaway directly owns 20,152 shares of Planet Fitness Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally neutral to positive as it aligns director interests with the company. There is no indication of any negative sentiment.

Positives

• The grant of shares to a director aligns their interests with the company's performance and shareholder value.

Industry Context

This is a routine transaction related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Stock grants are a standard form of compensation for directors in publicly traded companies, aligning their interests with shareholders.
• Many companies, such as Nike (NKE) and Starbucks (SBUX), use similar stock-based compensation plans for their board members.
• The number of shares granted is relatively small compared to the overall outstanding shares of Planet Fitness, which is typical for individual director grants.

Stakeholder Impact

• The stock grant to a director is a common practice that aligns the director's interests with those of shareholders.

Key Dates

Keywords

Planet Fitness, Director, Stock Grant, Class A Common Stock, Beneficial Ownership, SEC Form 4, PLNT