Michael E. Sturmer - Mar 1, 2024 Form 4 Insider Report for Progyny, Inc. (PGNY)

Role
PRESIDENT
Signature
/s/ Mark Livingston, Attorney-in-Fact
Stock symbol
PGNY
Transactions as of
Mar 1, 2024
Transactions value $
-$431,715
Form type
4
Date filed
3/5/2024, 04:57 PM
Previous filing
Feb 28, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGNY Common Stock Sale -$403K -11K -7.21% $36.63 142K Mar 1, 2024 Direct F1
transaction PGNY Common Stock Tax liability -$28.5K -790 -0.56% $36.02 141K Mar 4, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a Rule 10b5-1 trading plan entered into on August 31, 2023.
F2 Shares withheld for payment of withholding taxes upon the vesting of restricted stock units granted to the Reporting Person.