Form 4: Progyny CFO Mark Livingston Reports Stock Transaction
SEC Form 4 Filing
Mark Livingston, CFO of Progyny, Inc., reports the withholding of shares for tax obligations following the vesting of restricted stock units.
Summary
- On June 3, 2024, Mark S. Livingston, the Chief Financial Officer of Progyny, Inc. (PGNY), had shares withheld to cover withholding taxes upon the vesting of restricted stock units.
- A total of 2,617 shares of common stock were withheld at a price of $26.95 per share.
- Following the transaction, Livingston directly owns 47,278 shares of Progyny, Inc.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions by a company insider, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as officers and directors, ensuring fair market practices.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of the stock transaction (shares withheld for taxes). |
| 06/05/2024 | Date of signature for the Form 4 filing. |
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