Form 4: Premier CFO Glenn Coleman Sells Shares for Tax
Insider Transaction Report
Premier, Inc.'s CAO & CFO, Glenn Coleman, reported the disposition of Class A Common Stock to cover tax liabilities related to vested stock unit grants.
Summary
- Glenn Coleman, the Chief Administrative Officer (CAO) and Chief Financial Officer (CFO) of Premier, Inc. (PINC), reported transactions involving the company's Class A Common Stock.
- On November 11, 2025, Coleman disposed of a total of 20,900 shares of Class A Common Stock.
- These dispositions consisted of two separate transactions: 17,026 shares and 3,874 shares.
- The purpose of these dispositions was to cover tax liabilities associated with the vesting and settlement of previously reported stock unit grants.
- The shares were disposed of at a price of $28.17 per share.
- Following these transactions, Coleman's direct beneficial ownership of Class A Common Stock stands at 193,482 shares.
Sentiment
Score: 5
Explanation: This Form 4 reports a routine disposition of shares by an insider to cover tax obligations associated with the vesting of stock unit grants, which is a neutral event.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine tax-related transaction and does not indicate a change in management's confidence or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 11/11/2025 | Date of transaction where Class A Common Stock was disposed of for tax liability. |
| 11/12/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Recommendation
holdThe Form 4 details a routine disposition of shares by a key executive to satisfy tax obligations arising from the vesting of previously granted stock units. This type of transaction is common and generally does not signal a change in the company's operational performance or the executive's long-term outlook on the stock. Therefore, it does not warrant a change in investment recommendation, maintaining a 'hold' position.
Keywords
Premier Inc, PINC, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Glenn Coleman, CFO, CAO
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