Progyny CPO has 819 shares withheld for taxes
Progyny’s Chief Product Officer had shares withheld to cover RSU tax obligations, leaving him with 59,009 directly held shares.
Rhea-AI Filing Summary
Progyny, Inc. (PGNY) reported that Chief Product Officer Geoffrey Clapp had 819 shares of common stock withheld on September 17, 2026 to cover withholding taxes due upon the vesting of restricted stock units granted to him. The tax-withholding disposition was priced at $27.38 per share, and he now holds 59,009 shares of Progyny common stock directly. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 819 shares
Tax Withholding
1 txn
Insider
Clapp Geoffrey
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 819 | $27.38 | $22K |
Holdings After Transaction:
Common Stock — 59,009 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: 819 shares
Per-share value for tax withholding: $27.38 per share
Shares held after transaction: 59,009 shares
+1 more
4 metrics
Shares withheld for taxes
819 shares
Withheld on September 17, 2026 to pay RSU-related withholding taxes
Per-share value for tax withholding
$27.38 per share
Value applied to the 819 shares withheld
Shares held after transaction
59,009 shares
Directly owned by Geoffrey Clapp after the September 17, 2026 withholding
Transaction date
September 17, 2026
Date of tax-withholding disposition of 819 shares
Key Terms
restricted stock units, withholding taxes, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock units financial
"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"
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 code description is Payment of tax liability by delivering"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PGNY disclose for Geoffrey Clapp?
Progyny disclosed that Chief Product Officer Geoffrey Clapp had 819 shares of common stock withheld on September 17, 2026 to pay withholding taxes related to vesting restricted stock units.
Was the PGNY insider transaction an open-market sale?
No. The filing states the 819 shares were withheld for payment of withholding taxes upon vesting of restricted stock units, which is a tax-withholding disposition, not an open-market sale.
Was the PGNY insider tax-withholding transaction under a Rule 10b5-1 plan?
No. The document-level indicator shows no Rule 10b5-1 plan is reported for this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.