Park Jeffrey G 4
4 · Progyny, Inc. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Progyny (PGNY) Director Jeffrey Park Receives RSUs & Stock Option
What Happened
- Jeffrey G. Park, a director of Progyny, received awards on May 21, 2026 totaling 44,587 shares (aggregate of three items reported). The grant includes a 7,924-share award (recorded at $0.00), a 5,205-share derivative option with an exercise price of $12.49 (reported value ~$65,010), and a 31,458-share award recorded as a derivative (reported at $0.00). These were reported on a Form 4 filed May 26, 2026. These grants are compensation (awards/options), not open-market purchases or sales.
Key Details
- Transaction date: May 21, 2026; Form 4 filed: May 26, 2026.
- Items reported: 7,924 shares @ $0.00 (acquired); 5,205 shares @ $12.49 (derivative/option, ~$65,010); 31,458 shares @ $0.00 (derivative).
- Vesting: Awards/options vest on the earlier of (i) May 21, 2027 or (ii) the calendar day immediately before the Issuer's first annual meeting after the grant date, subject to continued service (see footnotes F1–F3).
- Option context: The 5,205-share option was issued in lieu of an annual cash retainer (~$64,985) for board/committee service (footnote F2).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing timeliness: Form 4 reflects the May 21 transaction and was filed May 26, 2026 (see official filing for any late-reporting notes).
Context
- RSUs and similar awards are compensation: RSUs represent a contingent right to receive shares upon vesting; options give the holder the right to buy shares at the exercise price ($12.49 here) and are not the same as an immediate purchase. These grants are routine director compensation rather than an expression of a buy/sell trading decision.
Insider Transaction Report
Form 4
Progyny, Inc.PGNY
Park Jeffrey G
Director
Transactions
- Award
Common Stock
[F1]2026-05-21+7,924→ 39,981 total - Award
Stock Option (Right to Buy)
[F2]2026-05-21$12.49/sh+5,205$65,010→ 5,205 totalExercise: $24.69Exp: 2036-05-20→ Common Stock (5,205 underlying) - Award
Stock Option (Right to Buy)
[F3]2026-05-21+31,458→ 31,458 totalExercise: $24.69Exp: 2036-05-20→ Common Stock (31,458 underlying)
Footnotes (3)
- [F1]Represents the number of shares of Issuer common stock underlying restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs will vest on the earlier of (i) May 21, 2027 or (ii) the calendar day immediately preceding the date of the Issuer's first annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service on such date.
- [F2]The option was issued to the Reporting Person in lieu of an annual cash retainer of $64,985 for board and committee service. The shares subject to the option will vest on the earlier of (i) May 21, 2027 or (ii) the calendar day immediately preceding the date of the Issuer's first annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service on such date.
- [F3]The shares subject to the option will vest on the earlier of (i) May 21, 2027 or (ii) the calendar day immediately preceding the date of the Issuer's first annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service on such date.
Signature
/s/ Mark Livingston, Attorney-in-Fact|2026-05-26