Clapp Geoffrey 4

What Happened

• Geoffrey Clapp, Chief Product Officer at Progyny (PGNY), had 3,275 shares disposed on March 17, 2026 as a tax-withholding action related to restricted stock units (RSUs). The shares were valued at $17.42 each, totaling approximately $57,051.
• This transaction was a withholding to cover tax liability on vested RSUs (routine), not an open-market sale intended as an investment signal.

Key Details

• Transaction date: 2026-03-17; filing date: 2026-03-19 (appears timely).
• Price per share: $17.42; total value ≈ $57,051.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: F1 — shares were withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the reporting person.
• Transaction code: F (tax withholding), not a purchase (P) or discretionary sale (S).

Context

• This was a cashless withholding to satisfy tax obligations when RSUs vested. Such transactions are routine and generally reflect tax management rather than a directional view on the company’s stock.
• For retail investors, tax-withholding disposals are common and typically less informative about insiders’ market expectations than open-market purchases or discretionary sales.