SCHEDULE: Vanguard Group Reports Zero Planet Fitness Stake

The Vanguard Group has reported zero beneficial ownership in Planet Fitness Inc. common stock following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 8 to Schedule 13G for Planet Fitness Inc. common stock.
• As of the event date March 13, 2026, The Vanguard Group reports 0.00 shares beneficially owned, representing 0% of the class.
• This change follows an internal realignment within The Vanguard Group, Inc. on January 12, 2026.
• Following the realignment, certain subsidiaries and business divisions of The Vanguard Group, Inc. will now report beneficial ownership separately (on a disaggregated basis).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these disaggregated subsidiaries and/or business divisions.
• The filing certifies that the securities were acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Planet Fitness Inc.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing for Planet Fitness, as it primarily reflects an internal reporting change by The Vanguard Group rather than a direct investment decision or operational update for the issuer.

Positives

• The internal realignment by The Vanguard Group allows for more granular and disaggregated reporting of beneficial ownership by its various subsidiaries and business divisions.
• The filing confirms that any previous holdings were acquired and held in the ordinary course of business, not for activist purposes or to influence control.

Negatives

• The Vanguard Group, as the primary reporting entity, no longer holds a direct beneficial ownership stake in Planet Fitness Inc. common stock.

Future Outlook

The filing does not provide forward-looking statements or guidance regarding Planet Fitness Inc.'s operations or financial performance, focusing solely on The Vanguard Group's beneficial ownership status.

Industry Context

StockSavvy.ai notes that Schedule 13G filings primarily reflect changes in institutional ownership, not operational performance. The disaggregation of Vanguard's reporting is an internal structural change for the investment adviser, not a reflection on Planet Fitness's industry position or competitive landscape.

Stakeholder Impact

• Shareholders of Planet Fitness: May observe a change in institutional ownership data, but the underlying investment strategies of Vanguard's disaggregated entities are stated to remain the same.

Key Dates

Keywords

Planet Fitness, Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, PLNT