Progyny CEO has 5,361 shares withheld for taxes
Progyny’s CEO had shares withheld to cover taxes on RSU vesting, leaving over 806,000 shares held after the transaction.
Rhea-AI Filing Summary
Progyny, Inc. (PGNY) reported that Chief Executive Officer Peter Anevski had 5,361 shares of common stock withheld on September 3, 2026 to pay withholding taxes upon the vesting of restricted stock units, at a reference price of $26.29 per share. This was a tax-withholding event rather than an open-market sale. After this transaction, he holds 806,111 shares directly and an additional 1 share indirectly through PECO ANEVSKI 2020 SD LLC. No Rule 10b5-1 trading plan is reported for these transactions.
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Insights
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Insider Trade Summary
Tax Withholding: 5,361 shares
Tax Withholding
2 txns
Insider
Anevski Peter
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 5,361 | $26.29 | $141K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 806,111 shares (Direct);
Common Stock — 1 shares (Indirect, See footnote)
Footnotes (2)
- F1. Shares withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the Reporting Person.
- F2. The reportable securities are held directly by the PECO ANEVSKI 2020 SD LLC.
Key Figures
Shares withheld for taxes: 5,361 shares
Reference price per share: $26.29 per share
Direct holdings after transaction: 806,111 shares
+2 more
5 metrics
Shares withheld for taxes
5,361 shares
Common stock withheld on September 3, 2026 to pay withholding taxes on RSU vesting
Reference price per share
$26.29 per share
Price used for the 5,361 withheld shares on September 3, 2026
Direct holdings after transaction
806,111 shares
Progyny common stock held directly by the CEO after the September 3, 2026 event
Indirect holdings after transaction
1 share
Progyny common stock held indirectly through PECO ANEVSKI 2020 SD LLC
Exercise price or tax-liability transactions
1 transaction, 5,361 shares
Code F event for payment of tax liability by withholding securities
Key Terms
withholding taxes, restricted stock units, indirect, Rule 10b5-1
4 terms
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.
restricted stock units financial
"upon the vesting of restricted stock units granted to the Reporting"
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.
indirect financial
"Indirect ownership of 1 share described as “See footnote”"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Progyny (PGNY) disclose for CEO Peter Anevski?
Progyny disclosed that CEO Peter Anevski had 5,361 shares of common stock withheld on September 3, 2026 to pay withholding taxes upon vesting of restricted stock units, at a reference price of $26.29 per share. This was not an open-market sale.
Was the Progyny (PGNY) CEO’s Form 4 transaction an open-market sale?
No. The filing states the 5,361 shares were withheld for payment of withholding taxes upon vesting of restricted stock units. The transaction is characterized as payment of tax liability by delivering or withholding securities, not as an open-market sale.
Did Progyny (PGNY) indicate a Rule 10b5-1 plan for this CEO transaction?
No. The document-level Rule 10b5-1 checkbox is unchecked, and the footnotes do not mention any trading plan. The transaction is therefore not reported as made under a Rule 10b5-1 plan.
What indirect Progyny (PGNY) holdings does the CEO report on this Form 4?
The Form 4 reports 1 share of Progyny common stock held indirectly, with ownership nature described as “See footnote.” The related footnote explains that these reportable securities are held directly by PECO ANEVSKI 2020 SD LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.