Premier (PINC) Insider Report: Alkire Disposes ~40k Shares via Tax Withholding

Rhea-AI Filing Summary

Premier, Inc. (PINC) Form 4: Michael J. Alkire, who serves as President & CEO and a director, reported three disposals of Class A common stock in late August 2025. The filings show dispositions of 16,334 shares on 08/22/2025 at $25.14, 10,558 shares on 08/23/2025 at $25.14, and 13,335 shares on 08/25/2025 at $25.70. After these transactions his beneficial ownership is reported as 593,936 shares. The filing notes these shares were withheld to cover tax liabilities arising from the vesting and settlement of previously granted stock units. The Form 4 was executed by an attorney-in-fact on 08/26/2025.

Positive

• Timely disclosure of insider equity activity for a high-ranking officer and director
• Explanation provided that shares were withheld to cover tax liabilities from vested stock units

Negative

• Reduction in reported beneficial ownership to 593,936 Class A shares after the withholdings
• Multiple disposals executed over three consecutive dates in August 2025 (could be viewed as concentration of transactions)

Insights

Securities Analyst

TL;DR: Insider reported routine share withholding to cover taxes after equity vesting; ownership remains substantial.

The transactions are described as share withholdings to satisfy tax obligations tied to vesting and settlement of stock units previously granted. The dispositions occur over three dates in late August 2025 at prices between $25.14 and $25.70, reducing reported beneficial ownership to 593,936 Class A shares. This is a standard, non-discretionary tax-withholding action rather than an open-market sale for cash liquidity, and the reporting person continues to hold a material stake. Impact on capitalization or control is not indicated by the filing.

Corporate Governance Expert

TL;DR: Filing documents compliance with disclosure rules for insider vesting-related share withholding.

The Form 4 clearly identifies the reporting person, roles

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Alkire Michael J.

(Last) (First) (Middle)

C/O PREMIER, INC.

13520 BALLANTYNE CORPORATE PLACE

(Street)

CHARLOTTE NC 28277

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Premier, Inc. [ PINC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/22/2025		F		16,334(1)	D	$25.14	617,829	D
Class A Common Stock	08/23/2025		F		10,558(1)	D	$25.14	607,271	D
Class A Common Stock	08/25/2025		F		13,335(1)	D	$25.7	593,936	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the number of shares of the issuer's Common Stock that were withheld to cover tax liability in connection with vesting and settlement of stock unit grants reported on a prior Form 4.

	/s/ David L. Klatsky, Attorney-in-fact	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Michael J. Alkire report on the Form 4 for PINC?

He reported three dispositions of Class A common stock: 16,334 shares on 08/22/2025 at $25.14, 10,558 shares on 08/23/2025 at $25.14, and 13,335 shares on 08/25/2025 at $25.70.

Why were shares disposed of according to the Form 4 for PINC?

The filing states the shares were withheld to cover tax liabilities in connection with vesting and settlement of previously granted stock units.

What is Michael J. Alkire's role at Premier, Inc. as shown on the Form 4?

He is reported as President & CEO and a director of Premier, Inc.

How many Class A shares does Alkire beneficially own after these transactions?

The Form 4 reports beneficial ownership of 593,936 Class A shares following the reported dispositions.

When was the Form 4 signed/executed?

The signature by an attorney-in-fact is dated 08/26/2025 on the filing.