Form 4: Progyny President Reports Future Stock Sale for Tax Withholding

Progyny President Michael E. Sturmer reported a future disposition of 7,977 common shares on December 4, 2025, to cover tax withholding from restricted stock unit vesting.

Summary

• Michael E. Sturmer, President of Progyny, Inc. (PGNY), filed a Form 4 reporting a transaction.
• The transaction involves the disposition of 7,977 shares of Progyny Common Stock.
• The transaction date is December 4, 2025, and the shares were disposed of at a price of $24.55 per share.
• The disposition is for the payment of withholding taxes upon the vesting of restricted stock units (RSUs) granted to Mr. Sturmer.
• Following this reported transaction, Mr. Sturmer will beneficially own 288,233 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes related to RSU vesting, which is generally considered neutral in sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance beyond the reported future transaction date for tax withholding.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, common across publicly traded companies when restricted stock units vest.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.

Key Dates

Keywords

Progyny, PGNY, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, RSU Vesting