Form 4: Premier Inc. General Counsel David Klatsky Reports Stock Sales

David Klatsky, General Counsel of Premier, Inc., reports the sale of Class A Common Stock in multiple transactions executed under a Rule 10b5-1 trading plan.

Summary

• On May 5, 2025, David Klatsky had 3,522 shares withheld to cover tax liability related to vesting and settlement of restricted stock units at a price of $20.51.
• On May 6, 2025, Klatsky sold 2,502 shares of Class A Common Stock at a weighted average price of $22.21.
• On May 6, 2025, Klatsky sold 8,480 shares of Class A Common Stock at a weighted average price of $22.9.
• Following these transactions, Klatsky beneficially owns 76,093 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to utilize Rule 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sales by a high-ranking officer may cause short-term concern among shareholders, but the existence of a pre-arranged trading plan mitigates this concern.

Key Dates

Keywords

Form 4, insider trading, stock sale, PINC, Premier, Inc., Klatsky, Rule 10b5-1