Premier (PINC) Rule 144 Notice: Insider Sells 1,137 Class A Shares
Rhea-AI Filing Summary
Form 144 notice: The filer proposes to sell 1,137 Class A shares of the issuer through Fidelity Brokerage Services LLC on or about 09/03/2025, with an aggregate market value reported as $29,323.23. The shares were acquired on 12/09/2020 by restricted stock vesting from the issuer and were received as compensation. The filing also discloses a prior sale by John T. Bigalke of 1,137 Class A shares on 06/04/2025 for gross proceeds of $26,185.11. The notice includes the required representation that the seller does not possess undisclosed material adverse information and contains the standard signature and criminal-statement language for Rule 144 filings.
Positive
- None.
Negative
- None.
Insights
TL;DR Insider plans a small Rule 144 sale of vested restricted shares; transaction disclosed and typical for compensation-related holdings.
The filing reports a proposed sale of 1,137 Class A shares with an aggregate market value of $29,323.23, to be executed through Fidelity on or about 09/03/2025. The shares were acquired via restricted stock vesting on 12/09/2020 and were compensation from the issuer. The filing also documents a prior sale of the same quantity on 06/04/2025 for $26,185.11. From a trading-impact perspective, the amounts disclosed are small relative to the reported 82,549,641 shares outstanding and appear routine. The disclosure meets Rule 144 notice requirements and includes the seller's representation regarding material information.
TL;DR Proper Rule 144 notice filed showing transparent disposition of previously vested compensation shares; no governance red flags evident in this filing.
The document shows the individual disposing of vested restricted stock received as compensation, with clear acquisition date and nature of acquisition recorded. The filing repeats required attestations about possession of material nonpublic information and includes prior recent sale activity for the same holder. There is no indication in this notice of any trading-plan adoption date or other governance events. Based solely on this filing, the disclosure appears compliant and administrative rather than indicative of material governance concerns.