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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 14,076 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents Performance Share Awards allocated to the reporting person based on the issuer's fiscal year 2025 financial performance against fiscal year 2025 performance metrics for those awards, but which will not vest until after the end of a three year performance cycle subject to continued employment.
AI-generated analysis. How Rhea-AI works. Not financial advice.