Premier (PINC) director discloses 1,137-share sale; retains 27,536 shares

Rhea-AI Filing Summary

Premier, Inc. (PINC) director John T. Bigalke reported a sale of Class A common stock on 09/03/2025. The filing shows 1,137 shares sold at $25.79 per share, executed under a Rule 10b5-1 trading plan adopted February 27, 2024. After the transaction Mr. Bigalke beneficially owns 27,536 shares, held directly. The Form 4 was signed on 09/04/2025 by an attorney-in-fact. The document discloses a routine, preplanned insider sale rather than an amendment or additional derivative activity.

Positive

• Transaction executed under a Rule 10b5-1 plan, indicating a preplanned trade
• Timely Form 4 disclosure filing shows transparency about insider activity

Negative

• Insider sale of 1,137 shares reduced direct beneficial ownership to 27,536 shares
• Sale price $25.79 per share may be viewed by some investors as a realization event

Insights

Corporate Governance Expert

TL;DR Insider sale executed under a pre-established Rule 10b5-1 plan; routine disclosure supports governance transparency.

The sale of 1,137 Class A shares by director John T. Bigalke was carried out pursuant to a Rule 10b5-1 trading plan adopted 02/27/2024, which generally indicates the transaction was preplanned and not contemporaneous with undisclosed material information. The Form 4 timely reports the sale and the remaining direct beneficial ownership of 27,536 shares. From a governance perspective, use of a 10b5-1 plan and prompt filing align with standard insider-trading compliance practices.

Securities Analyst

TL;DR Transaction is a disclosed, preplanned insider sale; impact on ownership is small but visible.

The reported sale reduced Mr. Bigalke's direct holdings by 1,137 shares at $25.79 each, leaving 27,536 shares beneficially owned. The absolute size of the sale is stated but the filing contains no additional context about portfolio intent or company performance. No derivative transactions or amendments were reported. For investors, this is a clear, routine insider disposition with full Form 4 disclosure.

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^*

Bigalke John T.

(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
	Officer (give title below)		Other (specify below)

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)		1,137	D	$25.79	27,536	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 February 27, 2024.

	/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 did Premier, Inc. (PINC) insider John T. Bigalke sell?

He sold 1,137 shares of Class A common stock on 09/03/2025 at $25.79 per share.

Was the sale by the PINC director part of a trading plan?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2024.

How many PINC shares does John T. Bigalke own after the transaction?

Following the reported sale he beneficially owns 27,536 shares, held directly.

When was the Form 4 for the PINC transaction signed?

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

Did the Form 4 report any derivative transactions or amendments?

No. The filing shows only the non-derivative sale and indicates no amendments or derivative securities.