Premier (PINC) Form 4: 14,076 Performance Shares Granted to General Counsel
Rhea-AI Filing Summary
David L. Klatsky, General Counsel of Premier, Inc. (PINC), reported the grant of 14,076 Class A common stock performance share awards on 08/19/2025. The awards were granted at a $0 price and increase his beneficial ownership to 90,169 shares. The awards are tied to fiscal year 2025 financial performance against specified 2025 metrics and will not vest until after a three-year performance cycle, subject to continued employment.
Positive
- 14,076 performance share awards granted to the reporting person on 08/19/2025
- Beneficial ownership increased to 90,169 Class A common shares following the award
- Awards are performance-based, tied to fiscal year 2025 financial metrics
- Multi-year vesting: awards will not vest until after a three-year performance cycle, subject to continued employment
Negative
- None.
Insights
TL;DR: Reporting officer received performance-based awards that increase ownership but vest after a three-year performance period.
The Form 4 documents a non-cash grant of 14,076 performance share awards to David L. Klatsky, recorded 08/19/2025 and filed 08/20/2025. The grant price is listed as $0 and his total beneficial ownership following the grant is 90,169 Class A shares. The awards are explicitly tied to fiscal year 2025 performance metrics and will vest only after completion of a three-year performance cycle and continued employment. For investors, this indicates management compensation linked to multi-year company performance rather than immediate liquidity events.
TL;DR: The filing shows a standard performance-share retention award with multi-year vesting tied to FY2025 metrics.
The document clearly describes the nature of the award as performance share awards conditioned on fiscal year 2025 performance and subject to a three-year vesting cycle contingent on continued employment. The filing identifies Klatsky as General Counsel and an officer reporting the transaction. This structure aligns executive incentives with longer-term company goals and is a typical governance practice for retention and performance alignment.