HOLSTEIN ROGER C 4
4 · Progyny, Inc. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Progyny (PGNY) Director Roger Holstein Receives Awards
What Happened Roger C. Holstein, a director of Progyny, received equity awards on May 21, 2026. The filing shows: a stock option covering 4,003 shares with an exercise price of $12.49 (listed value ~$49,997) and restricted stock units (RSUs) totaling 36,081 shares (6,792 and 29,289 RSUs). These were grants/awards (code A), not open-market purchases or sales — they are compensation/retainer-related awards subject to vesting.
Key Details
- Transaction date: May 21, 2026; Filing date: May 26, 2026 (filing appears late; transactionTimeliness = 'L').
- Option: 4,003-share option at $12.49 per share (total shown $49,997). Footnote F2: option issued in lieu of an annual cash retainer ($49,978).
- RSUs: 6,792 and 29,289 RSUs granted (total 36,081 RSUs). Footnote F1: each RSU converts to one share upon vesting.
- Vesting: Footnotes F1–F3 indicate vesting occurs on the earlier of May 21, 2027 or the calendar day immediately before the issuer’s first annual meeting after the grant, subject to continued service.
- Shares owned after transaction: not disclosed in the filing.
- No exercise or sale occurred — these are grants/derivative awards, not liquidity events.
Context
- RSUs represent a contingent right to receive common stock upon vesting; they have no immediate trading value until vested and delivered.
- The option has an exercise price ($12.49) and will vest per the schedule above; it was granted as compensation rather than exercised for cash.
- Because the Form 4 was filed after the typical 2-business-day window, the late filing delays public disclosure of the grant and may be noted by investors and regulators.
Insider Transaction Report
Form 4
Progyny, Inc.PGNY
HOLSTEIN ROGER C
Director
Transactions
- Award
Common Stock
[F1]2026-05-21+6,792→ 28,729 total - Award
Stock Option (Right to Buy)
[F2]2026-05-21$12.49/sh+4,003$49,997→ 4,003 totalExercise: $24.69Exp: 2036-05-20→ Common Stock (4,003 underlying) - Award
Stock Option (Right to Buy)
[F3]2026-05-21+29,289→ 29,289 totalExercise: $24.69Exp: 2036-05-20→ Common Stock (29,289 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 $49,978 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