Form 4: Progyny CEO Peter Anevski Reports Stock Withholding
Statement of Changes in Beneficial Ownership
Progyny CEO Peter Anevski reported the withholding of 5,361 shares to cover tax obligations related to the vesting of restricted stock units.
Summary
- CEO Peter Anevski disposed of 5,361 shares of Progyny, Inc. common stock on June 3, 2026.
- The transaction was executed at a price of $25.12 per share.
- The disposal was specifically for the purpose of satisfying tax withholding obligations upon the vesting of restricted stock units.
- Following this transaction, the CEO maintains a direct beneficial ownership of 811,472 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a mandatory administrative action for tax purposes rather than a strategic shift or market-driven sale.
Positives
- The transaction was a routine tax withholding event rather than a discretionary open-market sale.
- The CEO retains a significant equity stake of 811,472 shares, indicating continued alignment with shareholder interests.
Negatives
- The filing reflects a reduction in the total number of shares held directly by the reporting person.
Risks
- None identified; this is a standard administrative transaction related to equity compensation.
Future Outlook
No forward-looking guidance or strategic outlook was provided in this regulatory filing.
Industry Context
StockSavvy.ai notes that routine tax withholding transactions by executives are standard corporate practice and generally do not signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The transaction follows standard SEC reporting requirements for executive equity compensation.
- The use of net settlement (withholding shares for taxes) is a common practice among publicly traded companies to manage executive tax liabilities.
Related Party Transactions
- The reporting person maintains indirect ownership through PECO ANEVSKI 2020 SD LLC.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a routine tax-related adjustment.
Next Steps
- None indicated.
Key Dates
| Date | Description |
|---|---|
| 01/30/2026 | Date of acquisition of 1,111 shares under the 2019 Employee Stock Purchase Plan. |
| 06/03/2026 | Date of the reported transaction involving the withholding of shares for taxes. |
| 06/05/2026 | Date of filing of the Form 4. |
Keywords
Progyny, PGNY, Insider Trading, Form 4, Executive Compensation, Tax Withholding
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