Key facts
- This page summarizes Michael E. Sturmer's Form 4 filing for Progyny, Inc. (PGNY).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Apr 2024, 17:23.
Michael E. Sturmer - 04 Mar 2024 Form 4 Insider Report for Progyny, Inc. (PGNY)
- Reporting relationship
- PRESIDENT
- Issuer ticker
- PGNY
- Reported as of
- 04 Mar 2024
- Net transaction value
- -$240,452
- SEC form
- 4
- Accepted by SEC
- 03 Apr 2024, 17:23:08 UTC
- Prior SEC filing
- 05 Mar 2024
- Next SEC filing
- 02 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark Livingston, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael E. Sturmer filed Form 4 for Progyny, Inc. (PGNY) on 03 Apr 2024.
Change
- Previous filing in this sequence was filed on 05 Mar 2024.
- Current net transaction value: -$240,452.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PGNY
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +250,000
- Change %
- +177%
- Price
- $0.000000
- Shares after
- 390,948
- Date
- 04 Mar 2024
- Ownership
- Direct
- Footnotes
- F1
PGNY
transaction
Common Stock
Sale
- Transaction value
- $169,764
- Shares
- -4,515
- Change %
- -1.2%
- Price
- $37.60
- Shares after
- 386,433
- Date
- 01 Apr 2024
- Ownership
- Direct
- Footnotes
- F2
PGNY
transaction
Common Stock
Sale
- Transaction value
- $70,688
- Shares
- -1,880
- Change %
- -0.49%
- Price
- $37.60
- Shares after
- 384,553
- Date
- 01 Apr 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PGNY
transaction
Derivative
Stock Option (Right to Buy)
Award
- Transaction value
- $0
- Shares
- +600,000
- Change %
- Price
- $0.000000
- Shares after
- 600,000
- Date
- 04 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 600,000
- Exercise price
- $35.48
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 3 footnotes
Footnote F1
Represents the number of shares of Issuer common stock underlying restricted stock units ("RSUs"). This was an annual merit grant made pursuant to the Issuer's 2019 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Issuer common stock. 25% of the RSUs will vest on March 4, 2025 with the remaining RSUs vesting in equal quarterly installments thereafter through March 4, 2028, subject to the Reporting Person's continued service through each applicable vesting date.
Footnote F2
Shares sold pursuant to a Rule 10b5-1 trading plan entered into on August 31, 2023.
Footnote F3
Represents an annual merit grant made pursuant to the Issuer's 2019 Equity Incentive Plan. 25% of the shares subject to the option will vest on March 4, 2025 with the remaining shares subject to the option vesting in equal quarterly installments thereafter through March 4, 2028, subject to the Reporting Person's continued service through each applicable vesting date.