Progyny CFO has 479 shares withheld for taxes
Progyny’s CFO had a small number of shares withheld for taxes on RSU vesting, leaving a direct holding of 72,453 shares.
Rhea-AI Filing Summary
Progyny, Inc. (PGNY) reported that Chief Financial Officer Mark S. Livingston had 479 shares of common stock withheld on September 4, 2026 to pay withholding taxes upon the vesting of restricted stock units granted to him. The shares were valued at $26.61 per share, and he now holds 72,453 shares of Progyny common stock directly. The filing states these shares were withheld for tax purposes and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 479 shares
Tax Withholding
1 txn
Insider
Livingston Mark S.
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 479 | $26.61 | $13K |
Holdings After Transaction:
Common Stock — 72,453 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 for taxes: 479 shares
Per-share value for withheld shares: $26.61 per share
Shares held after transaction: 72,453 shares
3 metrics
Shares withheld for taxes
479 shares
Withheld on September 4, 2026 for payment of withholding taxes on RSU vesting
Per-share value for withheld shares
$26.61 per share
Value applied to 479 shares withheld for taxes
Shares held after transaction
72,453 shares
Direct holdings of CFO Mark S. Livingston after the September 4, 2026 transaction
Key Terms
restricted stock units, withholding taxes, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock units financial
"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"
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.
Payment of tax liability by delivering or withholding securities financial
"transaction is described as Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did Progyny (PGNY) report for its CFO?
Progyny reported that CFO Mark S. Livingston had 479 shares of common stock withheld on September 4, 2026 to pay withholding taxes upon the vesting of restricted stock units granted to him.
Was the Progyny (PGNY) CFO’s Form 4 transaction made under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and the footnote describes the event as shares withheld for payment of withholding taxes upon RSU vesting, not as an open-market trade under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.