Progyny CFO sells 2,517 shares in planned trade
Progyny, Inc. chief financial officer Mark S. Livingston reported small routine transactions in the company’s common stock.
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Form Type
4
Rhea-AI Filing Summary
Progyny, Inc. chief financial officer Mark S. Livingston reported small routine transactions in the company’s common stock. On June 4, 2026, he sold a total of 2,517 shares in open-market trades at $25.50 per share pursuant to a pre-arranged Rule 10b5-1 trading plan. In addition, 1,421 shares were withheld on June 3 and June 4 to cover withholding taxes upon the vesting of restricted stock units. Following these transactions, Livingston directly holds 74,688 shares of Progyny common stock.
Insider Trade Summary 10b5-1
Net Seller: 2,517 shares
Net Sell
4 txns
Insider
Livingston Mark S.
Role
CHIEF FINANCIAL OFFICER
Sold
2,517 shs ($64K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 339 | $24.99 | $8K |
| Sale | Common Stock | 1,918 | $25.50 | $49K |
| Sale | Common Stock | 599 | $25.50 | $15K |
| Exercise Price or Tax Liability | Common Stock | 1,082 | $25.12 | $27K |
Holdings After Transaction:
Common Stock — 74,688 shares (Direct)
Footnotes (2)
- F1. Shares withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the Reporting Person.
- F2. Shares sold pursuant to a Rule 10b5-1 trading plan entered into on August 15, 2025.
Key Figures
Open-market shares sold: 2,517 shares
Sale price: $25.50 per share
Shares withheld for taxes: 1,421 shares
+3 more
6 metrics
Open-market shares sold
2,517 shares
Common stock sold on June 4, 2026 at $25.50
Sale price
$25.50 per share
Open-market sales of common stock on June 4, 2026
Shares withheld for taxes
1,421 shares
Tax-withholding dispositions on June 3–4, 2026
Post-transaction holdings
74,688 shares
Common stock directly held after all reported transactions
Tax withholding price 1
$25.12 per share
Shares withheld for taxes on June 3, 2026
Tax withholding price 2
$24.99 per share
Shares withheld for taxes on June 4, 2026
Key Terms
Rule 10b5-1 trading plan, restricted stock units, withholding taxes, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"Shares sold pursuant to a Rule 10b5-1 trading plan entered into on August 15, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Shares withheld for payment of withholding taxes 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 of restricted stock units granted to the Reporting Person."
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Progyny (PGNY) CFO Mark S. Livingston report?
Progyny CFO Mark S. Livingston reported selling 2,517 common shares at $25.50 per share. He also had 1,421 shares withheld for taxes tied to vesting restricted stock units, leaving him with 74,688 directly held shares after the reported transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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