Progyny CFO has 1,756 shares withheld for taxes
Progyny, Inc. (PGNY) reported that its chief financial officer, Mark S. Livingston, had common shares withheld in early September 2026 to cover tax obligations from vesting equity awards.
Rhea-AI Filing Summary
Progyny, Inc. (PGNY) reported that its chief financial officer, Mark S. Livingston, had common shares withheld in early September 2026 to cover tax obligations from vesting equity awards. On September 3, 2026, 1,532 shares were withheld at $26.29 per share, and on September 2, 2026, 224 shares were withheld at $25.66 per share. A footnote states these were shares withheld for payment of withholding taxes upon the vesting of restricted stock units granted to him, rather than open-market sales.
Positive
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Negative
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Insider Trade Summary
Tax Withholding: 1,756 shares
Tax Withholding
2 txns
Insider
Livingston Mark S.
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,532 | $26.29 | $40K |
| Tax Withholding | Common Stock F1 | 224 | $25.66 | $6K |
Holdings After Transaction:
Common Stock — 72,932 shares (Direct)
Footnotes (1)
- F1. Shares withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the Reporting Person.
Key Figures
Shares withheld September 3, 2026: 1,532 shares
Price per share September 3, 2026: $26.29 per share
Shares withheld September 2, 2026: 224 shares
+2 more
5 metrics
Shares withheld September 3, 2026
1,532 shares
Common stock withheld to pay withholding taxes on RSU vesting at $26.29 per share
Price per share September 3, 2026
$26.29 per share
Value used for 1,532 shares withheld for tax payment on RSU vesting
Shares withheld September 2, 2026
224 shares
Common stock withheld to pay withholding taxes on RSU vesting at $25.66 per share
Price per share September 2, 2026
$25.66 per share
Value used for 224 shares withheld for tax payment on RSU vesting
Total shares withheld for taxes
1,756 shares
Combined shares withheld on September 2–3, 2026 to satisfy tax liability on RSU vesting
Key Terms
restricted stock units, withholding taxes, tax liability
3 terms
restricted stock units financial
"upon the vesting of restricted stock units granted to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding taxes financial
"Shares withheld for payment of withholding taxes upon the vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
tax liability financial
"Payment of tax liability by delivering or withholding securities"
FAQ
What did Progyny (PGNY) disclose about CFO Mark S. Livingston’s recent Form 4 transactions?
The Form 4 reports that the CFO had 1,756 common shares withheld on September 2–3, 2026 to cover withholding taxes owed upon vesting of restricted stock units, rather than selling shares in the open market.
What was the earlier Progyny (PGNY) tax-withholding transaction on September 2, 2026?
On September 2, 2026, the CFO had 224 shares of Progyny common stock withheld at $25.66 per share, also for payment of withholding taxes tied to vesting restricted stock units granted to him.
Were the reported Progyny (PGNY) Form 4 transactions open-market sales by the CFO?
No. Both transactions are coded as F and described as payment of tax liability by delivering or withholding securities. A footnote clarifies the shares were withheld to cover withholding taxes on vesting restricted stock units.
Were the Progyny (PGNY) Form 4 transactions under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote indicating that these tax-withholding dispositions were executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.