Div President Jennifer Simmons sold 11,453 shares of PLNT for $1.1M, reducing holdings by 37.5% in 7 separate transactions
Jennifer Simmons, Div President of Corp Stores at Planet Fitness, executed 7 separate sales on 2024-11-14 totaling 11,453 shares for $1,101,820.50, reducing her holdings from 30,563 shares to 19,110 shares. The blended average sale price of $96.20 occurred as PLNT's stock trades near its 52-week high of $97.03, with the stock up 20.6% over the prior 30 days and 22.7% over 90 days. The significant reduction in her position—a 37.5% decrease—following substantial recent price appreciation warrants attention to whether this represents a material rebalancing of her equity exposure at or near elevated valuation levels.