Form 4: Progyny CEO Disposes Shares for Tax Obligations

Progyny CEO Peter Anevski disposed of 7,977 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Peter Anevski, Progyny's Chief Executive Officer and a Director, reported a transaction involving the company's common stock.
• The transaction occurred on October 1, 2025, and was a disposition of 7,977 shares.
• The shares were withheld for the payment of withholding taxes upon the vesting of restricted stock units granted to Mr. Anevski.
• The disposition price per share was $21.52.
• Following this transaction, Mr. Anevski directly beneficially owns 539,564 shares of common stock.
• Additional securities are held indirectly by PECO ANEVSKI 2020 SD LLC.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was a pre-arranged, non-discretionary sale.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares for tax withholding purposes, which is a common event for executives receiving equity compensation. It does not indicate a change in management's outlook on the company's prospects.

Positives

• The transaction was a non-discretionary sale executed under a Rule 10b5-1 plan, indicating a pre-arranged event rather than a reactive decision based on market conditions or company performance.
• The disposition was for tax withholding purposes, a common and routine event for executives receiving equity compensation.

Negatives

• The transaction resulted in a reduction of Peter Anevski's direct beneficial ownership by 7,977 shares.

Future Outlook

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

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive landscape.

Related Party Transactions

• Securities are held indirectly by PECO ANEVSKI 2020 SD LLC, which is associated with the reporting person.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, but the transaction is routine and non-discretionary, so it is unlikely to significantly impact shareholder sentiment or company valuation.

Key Dates

Recommendation

The reported transaction is a routine disposition of shares to cover tax withholding obligations upon the vesting of restricted stock units, which is a common occurrence for executives. It does not reflect a discretionary sale based on a change in company outlook or performance, thus maintaining a neutral stance on the stock's fundamental value.

Keywords

Progyny, PGNY, Peter Anevski, Form 4, Insider Transaction, CEO, Stock Sale, Tax Withholding, Restricted Stock Units, 10b5-1 Plan