Form 4: Progyny Executive Chairman Schlanger Reports Stock Transaction
SEC Form 4 Filing
David J. Schlanger, Executive Chairman of Progyny, Inc., reports disposition of shares to cover withholding taxes upon vesting of restricted stock units.
Summary
- On January 2, 2025, David J. Schlanger, the Executive Chairman of Progyny, Inc. (PGNY), reported a transaction involving common stock.
- 2,171 shares were disposed of at a price of $17.25 per share to cover withholding taxes upon the vesting of restricted stock units.
- Following the transaction, Schlanger directly owns 226,098 shares of Progyny common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of stock transaction (disposal of shares). |
| 01/06/2025 | Date of signature on the Form 4 filing. |
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