Bode William 4
Research Summary
AI-generated summary
Planet Fitness (PLNT) COO William Bode Receives 6,560-Share Award
What Happened
William Bode, Chief Operating Officer of Planet Fitness (PLNT), was granted 6,560 restricted stock units (RSUs) on March 10, 2026. The grant was reported as an award/acquisition (code A) at $0.00 per share (no cash paid at grant). The RSUs represent potential future shares; their value will depend on PLNT’s stock price when they vest.
Key Details
- Transaction date: 2026-03-10; filing date: 2026-03-11 (timely filing).
- Transaction type/code: Award/Grant (A). Price at grant: $0.00.
- Shares granted: 6,560 RSUs.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: RSUs vest in equal installments on each of the first three anniversaries of the grant date (vesting over 3 years).
- No 10b5-1 plan, tax-withholding, or cashless-sale details reported in the excerpt.
Context
Restricted stock unit grants are a common form of executive compensation and typically vest over time and may be forfeited if service conditions aren’t met. Because these RSUs were granted (not sold or purchased), the transaction is a compensation award rather than an immediate market move; it does not by itself signal insider buying or selling intent.