Premier (PINC) Insider Sale: 1,319 Shares Disposed Under 10b5-1 Plan

Rhea-AI Filing Summary

David L. Klatsky, General Counsel of Premier, Inc. (PINC), reported an insider sale of Class A common stock under a pre-established Rule 10b5-1 trading plan. On 08/26/2025 he sold 1,319 shares at a weighted average price of $25.85 per share, with transaction prices ranging from $25.57 to $26.04. After the sale he beneficially owned 94,331 shares. The filing states the 10b5-1 plan was adopted on December 9, 2024 and that the reporting person will provide details of the number of shares sold at each price upon request.

Positive

• Transaction executed under a Rule 10b5-1 trading plan, indicating pre-established, automated trade instructions
• Full weighted-average price disclosed ($25.85) and price range provided ($25.57–$26.04)
• Reporting person offers to provide detailed per-price sale counts, enhancing transparency

Negative

• Reporting person disposed of 1,319 Class A shares, reducing insider shareholding to 94,331 shares

Insights

Financial Analyst

TL;DR: Routine, pre-arranged insider sale under a 10b5-1 plan; modest volume relative to outstanding shares reported.

The Form 4 documents a controlled disposition of 1,319 Class A shares by the company's general counsel executed pursuant to a Rule 10b5-1 plan adopted on December 9, 2024. The sale price range ($25.57–$26.04) and weighted average ($25.85) are disclosed. The filing reports remaining beneficial ownership of 94,331 shares. From an analytical perspective this is a transparency event rather than an operational signal: the plan timing and the explicit offer to provide per-price sale counts reduce information asymmetry for investors.

Corporate Governance Expert

TL;DR: Governance-compliant insider transaction with required disclosures; no material governance concern evident.

The document shows compliance with Section 16 reporting and use of a 10b5-1 plan, which typically satisfies affirmative defenses for trades by insiders. The filer affirms willingness to furnish detailed execution breakdowns, supporting transparency. No indications of accelerated or opportunistic trading outside a plan are present in the filing text provided.

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^*

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)
08/26/2025

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	08/26/2025		S(1)		1,319	D	$25.85(2)	94,331	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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 9, 2024.

2. The reported price in Column 4 is the weighted average price of all shares sold on the reported date in multiple transactions at prices ranging from $25.57 to $26.04. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.

	David L. Klatsky	08/27/2025
	** 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 David L. Klatsky report on Form 4?

The filing reports that David L. Klatsky sold 1,319 Class A shares on 08/26/2025 under a Rule 10b5-1 plan.

At what price were the PINC shares sold?

The weighted average sale price was $25.85, with individual trade prices ranging from $25.57 to $26.04.

When was the 10b5-1 plan adopted for the reported sale?

The Form 4 states the Rule 10b5-1 trading plan was adopted on December 9, 2024.

How many PINC shares does the reporting person beneficially own after the sale?

After the reported transaction the reporting person beneficially owned 94,331 shares.

Will more detailed information about the trades be available?

Yes; the reporting person states they will provide, upon request, full information on the number of shares sold at each separate price within the disclosed range.