Form 4: Planet Fitness Director Stephen Spinelli Jr. Reports Stock Grant
SEC Form 4
Director Stephen Spinelli Jr. reports receiving 555 shares of Planet Fitness, Inc. common stock on April 1, 2025.
Summary
- On April 1, 2025, Stephen Spinelli Jr., a director of Planet Fitness, Inc., reported a transaction involving the company's Class A common stock.
- Spinelli acquired 555 shares at a price of $0.00 per share, indicating a grant.
- Following this transaction, Spinelli directly owns 27,895 shares of Planet Fitness, Inc.
- The report was filed on April 2, 2025, with Justin Vartanian, Attorney-in-Fact, signing on behalf of Spinelli.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard stock grant to a director, which is neither particularly positive nor negative.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals insider confidence.
Key Dates
| Date | Description |
|---|---|
| 2015/07/29 | Date of Power of Attorney execution, granting authority to Dorvin Lively, Richard Moore, and Justin Vartanian to act on behalf of Stephen Spinelli, Jr. for SEC filings. |
| 2025/04/01 | Date of transaction: Stephen Spinelli Jr. acquired 555 shares of Planet Fitness, Inc. common stock. |
| 2025/04/02 | Date of Form 4 filing. |
Keywords
Planet Fitness, Stephen Spinelli Jr., Director, Stock Grant, Class A Common Stock, Form 4, SEC, Ownership
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