Bode William 4
4 · Planet Fitness, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Planet Fitness COO William Bode Withholds 2,128 Shares
What Happened
William Bode, COO of Planet Fitness (PLNT), had 2,128 shares withheld on March 15, 2026 to satisfy tax obligations tied to equity vesting. The filing shows two withholding events: 711 shares at $73.62 each ($52,344) and 1,417 shares at $73.62 each ($104,320), totaling 2,128 shares and $156,664. This was a tax-withholding disposition (transaction code F), a routine cashless withholding rather than an open-market sale.
Key Details
- Transaction date: March 15, 2026; Filing date: March 17, 2026 (filed within the Form 4 two-business-day window).
- Prices reported: $73.62 per share for both withholdings.
- Shares withheld/disposed: 711 shares ($52,344) and 1,417 shares ($104,320); total 2,128 shares ($156,664).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes:
- F1: 711 shares were withheld to pay taxes on the vesting of 2,916 performance share units.
- F2: 1,417 shares were withheld to pay taxes on the vesting of 4,585 restricted stock units.
- Transaction code: F = Tax withholding (cashless share withholding to cover taxes).
Context
This was a tax-withholding action tied to equity vesting (performance and restricted stock units). Withholding to satisfy tax obligations is a common administrative step and does not necessarily signal the insider’s view of the stock. It differs from an open-market sale because shares are retained by the company or broker to cover taxes rather than sold as a discretionary disposition.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-03-15$73.62/sh−711$52,344→ 31,493 total - Tax Payment
Class A Common Stock
[F2]2026-03-15$73.62/sh−1,417$104,320→ 30,076 total
Footnotes (2)
- [F1]The reported transaction involved the withholding of 711 shares of stock, pursuant to a prior written election, to pay the taxes associated with the vesting of 2,916 performance share units.
- [F2]The reported transaction involved the withholding of 1,417 shares of stock, pursuant to a prior written election, to pay the taxes associated with the vesting of 4,585 restricted stock units.