Premier (PINC) Insider Sale: 5,581 Class A Shares Worth $146.7K
Rhea-AI Filing Summary
Premier, Inc. (PINC) filing reports a proposed sale of 5,581 Class A shares through Fidelity Brokerage Services with an aggregate market value of $146,724.49, scheduled approximately for 09/05/2025 on NASDAQ. The shares were acquired on 08/26/2022 through restricted stock vesting and were compensation for the holder. The filing also discloses that the same individual, Andrew Brailo, sold 6,521 Class A shares on 09/03/2025 for gross proceeds of $168,176.59. The issuer has 82,549,641 shares outstanding per the form. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
Positive
- Required Rule 144 disclosures provided including acquisition date, nature of acquisition, and planned sale details
- Seller attests they are not aware of undisclosed material adverse information
Negative
- CIK and filer contact details are not present in the provided content
- Filing shows a recent prior sale (6,521 shares on 09/03/2025) which may indicate ongoing insider selling
Insights
TL;DR Notice documents a routine insider sale of vested restricted stock and a recent prior sale by the same person.
The filing indicates a controlled disposition of compensation-related restricted stock via Rule 144 procedures. Key facts: acquisition by restricted stock vesting on 08/26/2022, planned sale of 5,581 shares (~$146.7k) on 09/05/2025, and a prior sale of 6,521 shares on 09/03/2025 for ~$168.2k. From a compliance perspective, the form supplies required aggregation details and the seller's attestation about material nonpublic information. Absent here are CIK and filer contact details in the provided text.
TL;DR Transaction appears to be personal disposition of vested compensation, not an issuer financing or major corporate action.
This Form 144 documents disposition of vested employee/insider compensation rather than a strategic company transaction. The sizes disclosed (5,581 and 6,521 shares) represent small fractions of the reported 82,549,641 outstanding shares, suggesting limited direct market impact. The seller's representation regarding undisclosed material information is included, consistent with Rule 144 filing norms. The filing does not provide additional context on the seller's role or holdings beyond the transactions listed.