Premier (PINC) CCO Brailo sells 6,521 shares under 10b5-1 plan

Rhea-AI Filing Summary

Premier, Inc. (PINC) insider sale reported. Chief Commercial Officer Andy Brailo reported a sale of 6,521 shares of Class A common stock on 09/03/2025 at a price of $25.79 per share, leaving him with 99,447 shares beneficially owned after the transaction. The filing states the sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2025. The Form 4 was signed by an attorney-in-fact, David L. Klatsky, on 09/04/2025. No derivative securities transactions were reported in this filing.

Positive

• Sale disclosed under a Rule 10b5-1 trading plan, indicating a pre-established program (adopted May 9, 2025).
• Complete transaction details provided: shares sold (6,521), price ($25.79), transaction date (09/03/2025), and remaining ownership (99,447).
• No derivative transactions reported in Table II, simplifying the ownership picture.

Negative

• Reduction in beneficial ownership: 6,521 shares were disposed, decreasing holdings from prior levels to 99,447 shares.
• Insider sale reported which may be interpreted by some market participants, though the filing states it was under a 10b5-1 plan.

Insights

Securities Analyst

TL;DR: Insider sale of 6,521 shares under a 10b5-1 plan; ownership remains at 99,447 shares, filing is routine and transparent.

The reported transaction is a non-derivative disposition of 6,521 Class A shares at $25.79 executed on 09/03/2025. The sale was effected under a Rule 10b5-1 plan adopted May 9, 2025, which the filing explicitly discloses. The remaining beneficial ownership is documented as 99,447 shares. For investors, the filing provides clear, specific facts about quantity, price, and the existence of an established trading plan; there are no derivative positions or amendments noted.

Corporate Governance Expert

TL;DR: Proper Form 4 disclosure of an insider sale under a 10b5-1 plan; signature by attorney-in-fact provided.

The Form 4 identifies the reporting person, relationship to the issuer (Chief Commercial Officer), transaction date, price, and post-transaction beneficial ownership. It also includes an explicit explanation that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted May 9, 2025, and shows the filing was executed by an attorney-in-fact on 09/04/2025. The filing meets disclosure requirements and documents no derivative activity.

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
Estimated average burden
hours per response:			0.5

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

X

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^*

Brailo Andy

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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	09/03/2025		S(1)		6,521	D	$25.79	99,447	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. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2025.

	/s/ David L. Klatsky, Attorney-in-fact	09/04/2025
	** 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 insider transaction did Premier, Inc. (PINC) report?

The Form 4 reports that Chief Commercial Officer Andy Brailo sold 6,521 Class A shares on 09/03/2025 at $25.79 per share.

How many shares does Andy Brailo own after the reported transaction?

The filing reports 99,447 shares of Class A common stock beneficially owned following the sale.

Was the sale part of a 10b5-1 plan for PINC insider Andy Brailo?

Yes. The Form 4 states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on May 9, 2025.

Are there any derivative or option transactions disclosed in this Form 4?

No. Table II shows no derivative securities acquired, disposed of, or beneficially owned in this filing.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by attorney-in-fact David L. Klatsky on 09/04/2025.