Form 4: Progyny CFO Mark Livingston Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Mark Livingston, CFO of Progyny, Inc., reports the disposal of 112 shares of common stock to cover withholding taxes upon the vesting of restricted stock units on March 11, 2024.
Summary
- On March 11, 2024, Mark S. Livingston, the CFO of Progyny, Inc., disposed of 112 shares of common stock.
- The transaction was executed to cover withholding taxes related to the vesting of restricted stock units.
- The price per share was $35.49.
- Following the transaction, Livingston directly owns 37,248 shares of Progyny's common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and tax obligations. It's a common practice for company executives to sell shares to cover tax liabilities arising from the vesting of stock awards.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock disposal for tax withholding. |
| 03/12/2024 | Date of signature for the Form 4 filing. |
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