Form 4: Progyny EVP Allison Swartz Executes Stock Transactions

Progyny EVP and General Counsel Allison Swartz reported the sale and tax-withholding disposition of common stock.

Summary

• EVP and General Counsel Allison Swartz disposed of a total of 1,875 shares of Progyny, Inc. common stock across June 3 and June 4, 2026.
• Transactions included 1,015 shares withheld for tax obligations related to RSU vesting.
• The remaining 1,798 shares were sold pursuant to a pre-established Rule 10b5-1 trading plan.
• Following these transactions, the reporting person maintains a beneficial ownership of 82,378 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transactions are routine administrative actions related to tax obligations and pre-planned divestment.

Positives

• Transactions were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating systematic rather than discretionary selling.

Negatives

• The filing reflects a reduction in the executive's direct equity stake in the company.

Risks

• None identified; this is a routine disclosure of executive equity transactions.

Future Outlook

No forward-looking guidance provided in this document.

Industry Context

StockSavvy.ai notes that routine insider selling via 10b5-1 plans is standard corporate practice for executives managing equity-based compensation and does not typically signal a change in company fundamentals.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives to avoid potential conflicts of interest or accusations of insider trading.

Stakeholder Impact

• Minimal impact on shareholders as the transactions were pre-planned and represent a small portion of the executive's total holdings.

Key Dates

Keywords

Progyny, PGNY, Insider Trading, Form 4, Executive Compensation, Rule 10b5-1