Premier (PINC) CCO reports 5,581-share sale via 10b5-1 plan

Rhea-AI Filing Summary

Andy Brailo, Chief Commercial Officer of Premier, Inc. (PINC), reported on Form 4 that he sold 5,581 shares of Class A common stock on 09/05/2025 at a price of $26.29 per share, leaving him with 93,866 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 09/08/2025.

Positive

• Sale executed under a Rule 10b5-1 plan, which supports a preplanned, compliance-driven trade
• Timely Form 4 disclosure including transaction date, quantity, price, and post-transaction holdings

Negative

• None.

Insights

Financial Analyst

TL;DR Insider sale of 5,581 shares under a 10b5-1 plan is a routine, preplanned transfer with limited immediate informational value.

The transaction shows a modest disposition representing a small percentage of reported holdings (5,581 sold versus 93,866 remaining). Because the sale was executed under a pre-established Rule 10b5-1 plan, it reduces the likelihood the trade was based on material nonpublic information. For market impact, the volume is unlikely to be material to PINC’s outstanding float, and the filing provides standard disclosure without additional context on intent or timing beyond the plan adoption date.

Corporate Governance Expert

TL;DR Use of a documented 10b5-1 plan and timely Form 4 filing align with good governance and insider trading compliance practices.

The disclosure indicates governance controls: the reporting person adopted a 10b5-1 plan on May 9, 2025, and the sale was reported promptly on Form 4. The signature by an attorney-in-fact is noted; the filing does not show amendments or other related transactions. From a governance perspective, this filing reflects procedural compliance rather than signaling a change in executive status or company fundamentals.

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)
09/05/2025

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	09/05/2025		S(1)		5,581	D	$26.29	93,866	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	09/08/2025
	** 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 Andy Brailo report on Form 4?

The Form 4 reports that Andy Brailo sold 5,581 shares of Class A common stock on 09/05/2025 at $26.29 per share and owned 93,866 shares after the sale.

Was the sale by the insider part of a 10b5-1 trading plan?

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

Who signed the Form 4 for the reporting person?

The Form 4 was signed by David L. Klatsky, Attorney-in-fact on 09/08/2025.

How many shares did the reporting person own after the transaction?

The reporting person beneficially owned 93,866 shares of Class A common stock following the reported sale.

What price per share was disclosed on the Form 4?

The disclosed sale price was $26.29 per share.