Form 4: Progyny CEO Peter Anevski Reports Changes in Beneficial Ownership

Progyny's CEO, Peter Anevski, reports a transaction involving the withholding of shares for tax obligations and discloses beneficial ownership through PECO ANEVSKI 2020 SD LLC.

Summary

• Peter Anevski, CEO of Progyny, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On October 1, 2024, 7,977 shares of common stock were withheld to cover withholding taxes at a price of $16.76 per share.
• Following the transaction, Anevski directly owns 231,963 shares of Progyny common stock.
• Anevski also indirectly owns shares through PECO ANEVSKI 2020 SD LLC.
• The filing was signed by Mark Livingston, Attorney-in-Fact, on October 3, 2024.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for executives to manage their equity holdings and related tax obligations.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
• The filing provides transparency to stakeholders regarding the CEO's stock transactions.

Key Dates