STOCK TITAN

PINC Form 4: Andy Brailo Withholds 5,845 Shares to Cover Taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Andy Brailo, identified as Chief Commercial Officer of Premier, Inc. (PINC), reported three separate disposals of Class A Common Stock in late August 2025 that were effected to satisfy tax withholding obligations related to previously granted stock units. On 08/22/2025, 2,622 shares were withheld at a reported price of $25.14, leaving 109,191 shares beneficially owned. On 08/23/2025, 1,453 shares were withheld at $25.14, leaving 107,738. On 08/25/2025, 1,770 shares were withheld at $25.70, leaving 105,968. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, David L. Klatsky, dated 08/26/2025.

Positive

  • Clear disclosure that share disposals were withholding to cover tax liabilities related to vested stock units
  • Timely Section 16 reporting with explicit dates, share amounts, and prices for each withholding transaction

Negative

  • None.

Insights

TL;DR: Routine tax-withholding disposals disclosed for a senior executive; shows compliance with Section 16 reporting requirements.

The Form 4 documents three small disposals completed to cover tax liabilities from vested stock units. The filing names the reporting person as Chief Commercial Officer and shows direct ownership declining from 109,191 to 105,968 shares across the reported dates. The disclosure was executed via attorney-in-fact and includes an explicit explanation that the shares were withheld to cover taxes. From a governance perspective, this is a standard post-vesting administrative action rather than an opportunistic open-market sale, and the reporting meets statutory transparency expectations.

TL;DR: Share withholdings to satisfy tax on vested units are reported; transaction sizes are modest relative to total ownership disclosed here.

The three transactions—2,622; 1,453; and 1,770 shares—are explicitly identified as withholding for tax obligations tied to settlement of previously granted stock units. Prices reported for the withholdings were $25.14 (two dates) and $25.70. The Form 4 clearly links these disposals to grant settlement rather than discretionary sales, which affects how these movements are interpreted for compensation expense and insider activity analysis. No derivative transactions or additional grants are reported on this Form 4.

Insider Brailo Andy
Role Chief Commercial Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 1,770 $25.70 $45K
Tax Withholding Class A Common Stock 1,453 $25.14 $37K
Tax Withholding Class A Common Stock 2,622 $25.14 $66K
Holdings After Transaction: Class A Common Stock — 105,968 shares (Direct)
Footnotes (1)
  1. [object Object]
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).
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)
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 2,622(1) D $25.14 109,191 D
Class A Common Stock 08/23/2025 F 1,453(1) D $25.14 107,738 D
Class A Common Stock 08/25/2025 F 1,770(1) D $25.7 105,968 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 Andy Brailo report on the Form 4 for PINC?

The Form 4 reports three disposals by withholding: 2,622 shares on 08/22/2025 at $25.14, 1,453 shares on 08/23/2025 at $25.14, and 1,770 shares on 08/25/2025 at $25.70.

Why were shares disposed of according to the Form 4?

The filing states the shares were withheld to cover tax liability in connection with vesting and settlement of stock unit grants reported on a prior Form 4.

How many shares did Andy Brailo beneficially own after these transactions?

After the withholdings the reported beneficial ownership declined to 105,968 shares following the 08/25/2025 transaction.

Who signed the Form 4 filing on behalf of the reporting person?

The Form 4 was signed by attorney-in-fact David L. Klatsky on 08/26/2025.

What is Andy Brailo's role at Premier, Inc. as stated in the filing?

The Form 4 identifies the reporting person as an Officer with the title Chief Commercial Officer.