Form 4: Progyny CEO Peter Anevski Reports Tax-Related Stock Disposition
Insider Transaction Report
Progyny, Inc. CEO Peter Anevski reported the disposition of 7,977 shares of common stock at $22 per share on July 1, 2025, related to tax withholding upon restricted stock unit vesting.
Summary
- Peter Anevski, the Chief Executive Officer and a Director of Progyny, Inc. (PGNY), reported a change in his beneficial ownership.
- On July 1, 2025, 7,977 shares of Progyny Common Stock were disposed of at a price of $22 per share.
- This disposition was due to shares being withheld for the payment of withholding taxes upon the vesting of restricted stock units granted to Mr. Anevski.
- Following this transaction, Peter Anevski directly beneficially owns 547,541 shares of Common Stock.
- Additional Common Stock is held indirectly by PECO ANEVSKI 2020 SD LLC.
Sentiment
Score: 5
Explanation: The filing is a routine Form 4 reporting a tax-related disposition of shares upon RSU vesting, which is a standard compensation event and does not indicate a significant positive or negative operational or financial development for the company.
Positives
- The transaction indicates the vesting of restricted stock units, which is a standard form of executive compensation and a routine event.
Negatives
- The disposition of 7,977 shares, even for tax withholding purposes, results in a reduction of the CEO's direct beneficial ownership.
Industry Context
This filing is a routine insider transaction report specific to an individual executive's compensation and tax obligations, and does not provide broader insights into industry trends or competitive dynamics.
Related Party Transactions
- Common Stock is held indirectly by PECO ANEVSKI 2020 SD LLC, an entity related to the reporting person.
Stakeholder Impact
- Shareholders: The transaction represents a minor, routine change in the CEO's direct beneficial ownership due to tax withholding, not a discretionary sale, and is unlikely to have a significant impact on shareholder value.
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of transaction where shares were withheld for payment of withholding taxes upon the vesting of restricted stock units. |
| 07/02/2025 | Date the Form 4 filing was signed and submitted. |
Keywords
Progyny, PGNY, Peter Anevski, Form 4, SEC filing, insider transaction, stock disposition, restricted stock units, CEO, director, beneficial ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.