---
schema_version: "secwatch.filing_event.v1"
accession: "0001637207-23-000044"
form_type: "8-K/A"
ticker: "PLNT"
cik: "0001637207"
company_name: "Planet Fitness, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:44:34.130178+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Planet Fitness discloses Interim CEO Benson's compensation: $250K base, no bonus or equity

## Summary
- Annual base salary of $250,000; no bonus, no short- or long-term incentive awards.
- Benson not eligible for board compensation during interim period; tax equalization and $65 bi-weekly cell stipend provided.
- Board waives code-of-ethics restrictions for Benson's existing franchise (DA Business Enterprises) and 10% vendor interest in Radianse.
- Benson must designate a manager for his franchise; any company transaction involving his interests requires Audit Committee approval.
- Addendum dated October 31, 2023, amends September 15 offer letter; employment effective September 15, 2023.

## SEC filing metadata
- accession: 0001637207-23-000044
- form_type: 8-K/A
- ticker: PLNT
- cik: 0001637207
- company_name: Planet Fitness, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637207/000163720723000044/0001637207-23-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637207/000163720723000044/plnt-20230915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637207-23-000044
- JSON: https://secwatch.observer/filing/0001637207-23-000044.json
- Plain text: https://secwatch.observer/filing/0001637207-23-000044.txt

## Key facts
- Executive change
  Benson was appointed as Interim Chief Executive Officer at Planet Fitness, Inc..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: This Current Report on Form 8-K/A amends the Original 8-K to include information about Benson’s compensatory arrangements in connection with his appointment as Interim Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637207/000163720723000044/0001637207-23-000044-index.htm
- Governance Changes
  Planet Fitness, Inc.: The Board waived certain provisions of the Company's Code of Ethics and Code of Ethics for Senior Executive and Financial Officers regarding existing business interests of the interim CEO, subject to compliance with addendum conditions (effective 2023-10-31).
  - Change: code of ethics
  - Effective: 2023-10-31
  source text: The Board has waived the requirements under the Company’s Code of Ethics and Code of Ethics for Senior Executive and Financial Officers with respect to the Existing Benson Activities carried out in the ordinary course, subject to Benson’s compliance with the conditions set forth in the Addendum, including compliance with Company policy requiring Board or Audit Committee approval of transactions in which Benson has an interest.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637207/000163720723000044/0001637207-23-000044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.