Form 4: Progyny CEO Buys 79,500 Shares to Cover Tax Obligation

Progyny CEO Peter Anevski acquired 79,500 shares of common stock for $24.288 per share on November 13, 2025, to offset a tax withholding obligation.

Summary

• Peter Anevski, Chief Executive Officer and Director of Progyny, Inc. (PGNY), acquired 79,500 shares of common stock.
• The transaction occurred on November 13, 2025, at a weighted average price of $24.288 per share, with prices ranging from $23.73 to $24.52.
• The purchase was made to offset a tax withholding obligation arising from the net settlement of performance stock units, as previously reported in a separate Form 4 filing on the same date.
• Following this transaction, Peter Anevski directly beneficially owns 680,251 shares of Progyny, Inc. common stock.
• An additional 1 share is indirectly beneficially owned through PECO ANEVSKI 2020 SD LLC.

Sentiment

Score: 5

Explanation: The purchase of shares by the CEO was explicitly stated to offset a tax withholding obligation from the net settlement of performance stock units, rather than a discretionary investment based on market outlook. This makes the transaction largely neutral in terms of sentiment.

Positives

• The CEO's acquisition of shares, even for tax purposes, increases his direct ownership in the company, aligning his interests further with shareholders.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The shares were purchased to offset a tax withholding obligation arising from the net settlement of performance stock units.

Industry Context

Insider transactions, such as this one, are routinely reported to the SEC. While insider buying can sometimes signal confidence, purchases made specifically to cover tax obligations from equity awards are generally viewed as a neutral event rather than a discretionary investment decision based on market outlook.

Stakeholder Impact

• Shareholders may view the CEO's increased direct ownership as a minor positive signal of management's continued alignment with shareholder interests, despite the non-discretionary nature of the purchase.

Key Dates

Keywords

Progyny, PGNY, Peter Anevski, Insider Transaction, Form 4, Stock Purchase, CEO, Beneficial Ownership, Tax Obligation