PGNY CEO Peter Anevski disposes 7,977 shares; holds 539,564
Rhea-AI Filing Summary
Progyny director and Chief Executive Officer Peter Anevski reported an insider transaction dated 10/01/2025. The Form 4 shows 7,977 shares of Progyny common stock were disposed of at a price of $21.52 per share, with the filer retaining beneficial ownership of 539,564 shares following the transaction. The filing explains the sale resulted from shares withheld to cover taxes on vested restricted stock units and notes the remaining reportable shares are held directly by PECO ANEVSKI 2020 SD LLC. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Positive
- Retains 539,564 shares of Progyny common stock after the transaction, indicating continued substantial ownership
- Sale attributed to tax withholding on vested RSUs, a routine administrative reason rather than a discretionary cash raise
Negative
- 7,977 shares disposed at $21.52 on 10/01/2025, representing an insider sale reported by the CEO
Insights
TL;DR: CEO sold 7,977 shares at $21.52; retains 539,564 shares, sale tied to tax withholding.
The Form 4 records a disposition of 7,977 shares on 10/01/2025 executed under a vesting tax-withholding event rather than a market-driven decision. Such withholdings are common when restricted stock units vest and do not necessarily indicate a change in management view.
The reporting also clarifies ownership structure: reportable shares are held directly by PECO ANEVSKI 2020 SD LLC, which is relevant for assessing control and potential future filings. The signature by an attorney-in-fact on 10/02/2025 completes the required disclosure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,977 | $21.52 | $172K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the Reporting Person. The reportable securities are held directly by the PECO ANEVSKI 2020 SD LLC.