Planet Fitness (NYSE: PLNT) director receives 43-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Singh Harmit J reported acquisition or exercise transactions in this Form 4 filing.
Planet Fitness, Inc. director Harmit J Singh reported receiving a grant of 43 shares of Class A common stock as equity compensation. According to the filing, the shares vest on the grant date and were issued at $0.0000 per share, meaning no cash was paid. Following this award, Singh directly holds 306 shares of Planet Fitness common stock. This is a routine stock grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singh Harmit J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 43 | $0.00 | -- |
Holdings After Transaction:
Class A common stock — 306 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 43 shares
Grant price per share: $0.0000 per share
Shares held after grant: 306 shares
+1 more
4 metrics
Shares granted
43 shares
Equity grant of Class A common stock
Grant price per share
$0.0000 per share
Stock grant, no cash consideration
Shares held after grant
306 shares
Total direct holdings following transaction
Transaction code
A
Grant, award, or other acquisition
Key Terms
Class A common stock, grant/award acquisition, Form 4, transaction code A
4 terms
Class A common stock financial
"security_title is listed as "Class A common stock" for the transaction"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
grant/award acquisition financial
"transaction_action is described as "grant/award acquisition" in the data"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes this insider stock grant"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code A regulatory
"transaction_code is "A", meaning a grant, award, or other acquisition"
FAQ
What insider transaction did Planet Fitness (PLNT) director Harmit J Singh report?
Director Harmit J Singh reported receiving a grant of 43 shares of Planet Fitness Class A common stock. The grant was recorded at $0.0000 per share and represents equity compensation, not an open-market purchase, bringing his direct holdings to 306 shares.
Is Harmit J Singh’s Planet Fitness (PLNT) transaction an open-market buy or sale?
The transaction is not an open-market buy or sale; it is classified as a grant or award acquisition. The Form 4 uses transaction code A with a price of $0.0000 per share, indicating an equity compensation grant rather than a purchase or disposition.