[Form 4] Premier, Inc. Insider Trading Activity

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

Financial Analyst

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.

Corporate Governance Expert

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.

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^*

Klatsky David L

(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)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

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	08/19/2025		A		14,076(1)	A	$0	90,169	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. 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.

	David L. Klatsky	08/20/2025
	** 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) report on the Form 4 filed by David L. Klatsky?

The Form 4 reports a grant of 14,076 Class A performance share awards to David L. Klatsky, recorded 08/19/2025 and filed 08/20/2025.

How many shares does David L. Klatsky beneficially own after the reported transaction?

Following the reported transaction, David L. Klatsky beneficially owns 90,169 Class A common shares.

At what price were the performance share awards granted to the reporting person?

The performance share awards are reported with a grant price of $0.

When will the performance share awards granted to the reporting person vest?

The awards will not vest until after the completion of a three-year performance cycle and are subject to continued employment.

What performance period are the awards tied to?

The awards are tied to fiscal year 2025 financial performance against fiscal year 2025 performance metrics.