Progyny director granted RSUs and stock options
Progyny, Inc. director Roger C. Holstein reported equity compensation awards rather than market trades.
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Form Type
4
Rhea-AI Filing Summary
Progyny, Inc. director Roger C. Holstein reported equity compensation awards rather than market trades. He received 6,792 restricted stock units, each representing one share of common stock, and stock options covering 29,289 and 4,003 shares of common stock at an exercise price of $24.69 per share. These RSUs and options vest on the earlier of May 21, 2027 or the day before Progyny’s first annual stockholder meeting following the grant date, provided he continues serving as a director. After the RSU grant, Holstein directly holds 28,729 shares of common stock.
Insider Trade Summary
Grant/Award: 40,084 shares
Grant/Award
3 txns
Insider
HOLSTEIN ROGER C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 4,003 | $12.49 | $50K |
| Grant/Award | Stock Option (Right to Buy) | 29,289 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,792 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 33,292 contracts (Direct);
Common Stock — 28,729 shares (Direct)
Footnotes (3)
- F1. Represents the number of shares of Issuer common stock underlying restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs will vest on the earlier of (i) May 21, 2027 or (ii) the calendar day immediately preceding the date of the Issuer's first annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service on such date.
- F2. The option was issued to the Reporting Person in lieu of an annual cash retainer of $49,978 for board and committee service. The shares subject to the option will vest on the earlier of (i) May 21, 2027 or (ii) the calendar day immediately preceding the date of the Issuer's first annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service on such date.
- F3. The shares subject to the option will vest on the earlier of (i) May 21, 2027 or (ii) the calendar day immediately preceding the date of the Issuer's first annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service on such date.
Key Figures
RSU grant: 6,792 RSUs
Option grant size 1: 29,289 shares
Option grant size 2: 4,003 shares
+4 more
7 metrics
RSU grant
6,792 RSUs
Award of restricted stock units to director Roger C. Holstein
Option grant size 1
29,289 shares
Stock option over common stock granted on May 21, 2026
Option grant size 2
4,003 shares
Additional stock option over common stock granted on May 21, 2026
Option exercise price
$24.69 per share
Exercise price for the reported stock options
Cash retainer replaced
$49,978
Annual board and committee cash retainer replaced by one option grant
Shares held after RSU grant
28,729 shares
Director’s direct common stock holdings following RSU award
Vesting date reference
May 21, 2027
Latest vesting date for RSUs and options, subject to continued service
Key Terms
restricted stock units ("RSUs"), annual cash retainer, stock option, common stock, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents the number of shares of Issuer common stock underlying restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual cash retainer financial
"The option was issued to the Reporting Person in lieu of an annual cash retainer of $49,978 for board and committee service."
stock option financial
"The option was issued to the Reporting Person in lieu of an annual cash retainer..."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
common stock financial
"Each RSU represents a contingent right to receive one share of Issuer common stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest financial
"The RSUs will vest on the earlier of (i) May 21, 2027 or (ii) the calendar day immediately preceding the date..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Progyny (PGNY) director Roger C. Holstein report?
Roger C. Holstein reported equity compensation grants, not market trades. He received 6,792 restricted stock units and stock options over 29,289 and 4,003 shares of Progyny common stock, all granted as part of his board and committee service compensation.
How many Progyny (PGNY) RSUs did Roger C. Holstein receive in this Form 4?
He received 6,792 restricted stock units, each equal to one share of Progyny common stock. These RSUs are contingent on future vesting and provide share-based compensation tied to his continued service as a director for the company.
What stock option grants did Progyny (PGNY) report for Roger C. Holstein?
Holstein was granted stock options covering 29,289 and 4,003 shares of Progyny common stock at an exercise price of $24.69 per share. One option grant was issued instead of an annual cash retainer for board and committee service.
When do Roger C. Holstein’s new Progyny (PGNY) RSUs and options vest?
The RSUs and the option shares vest on the earlier of May 21, 2027 or the calendar day immediately before Progyny’s first annual stockholders’ meeting following the grant date, assuming Holstein continues serving on the board through that vesting date.
Were any cash retainer fees replaced by stock options at Progyny (PGNY)?
Yes. One of Holstein’s stock option grants was issued instead of an annual cash retainer of $49,978 for board and committee service. This structure compensates him with potential equity value rather than immediate cash payments for his director role.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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