PINC insider sale: 6,521 shares sold at $25.79 on 09/03/2025
Premier, Inc. (PINC) insider sale reported.
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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,521 | $25.79 | $168K |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Premier, Inc. (PINC) report?
Was the sale part of a 10b5-1 plan for PINC insider Andy Brailo?
Are there any derivative or option transactions disclosed in this Form 4?
Who signed the Form 4 for the reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.