Swartz Allison 4
Research Summary
AI-generated summary
Progyny (PGNY) EVP Allison Swartz Sells Shares
What Happened
Allison Swartz, EVP and General Counsel of Progyny (PGNY), disposed of a total of 938 shares on March 4, 2026. She sold 599 shares in an open-market sale at $17.54 per share for about $10,506, and 339 shares were withheld to cover taxes on vested restricted stock units at $17.52 per share for about $5,939. The combined proceeds/consideration equal roughly $16,446. These were sales/withholdings (not purchases).
Key Details
- Transaction dates: March 4, 2026; Form 4 filed March 6, 2026 (appears timely — within the typical 2-business-day window).
- Open-market sale: 599 shares @ $17.54 = $10,506 (listed as sale, code S).
- Tax withholding: 339 shares @ $17.52 = $5,939 (withheld to cover taxes on RSU vesting, code F).
- Total shares disposed: 938; total value ≈ $16,446.
- Shares owned after transaction: Not reported in the provided filing details.
- Footnotes: F1 = shares withheld for withholding taxes on vested RSUs; F2 = the 599-share sale was executed under a pre-established Rule 10b5-1 trading plan entered May 13, 2025.
Context
- The 339-share withholding is a routine tax-related disposition tied to RSU vesting and does not represent a discretionary open-market sale.
- The 599-share sale was carried out under a 10b5-1 plan, meaning it was prearranged and may not reflect a contemporaneous view of the company.
- Sales by executives are common and not necessarily a signal of company prospects; this filing is factual record of transactions only.