Progyny CPO Geoffrey Clapp Withholds 819 Shares for Taxes

What Happened

• Geoffrey Clapp, Chief Product Officer at Progyny (PGNY), had 819 shares withheld to satisfy withholding taxes upon the vesting of restricted stock units (RSUs). The withholding is reported as a disposition at an average value of $26.60 per share, totaling $21,785.

Key Details

• Transaction date: 2026-06-17; File date (Form 4): 2026-06-23
• Transaction type/code: F — shares withheld to pay tax liability upon RSU vesting
• Shares involved: 819 withheld; reported value: $26.60/share, $21,785 total
• Shares owned after transaction: not reported in the provided excerpt
• Footnote: F1 — “Shares withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the Reporting Person.”
• Filing timeliness: Form filed June 23 for a June 17 transaction (timeliness status not specified in the excerpt)

Context

• This was a tax-withholding disposition tied to RSU vesting — a routine administrative action, not an open-market sale expressing a trading view. Such withholdings are common and generally do not indicate insider sentiment about the company’s prospects.