PGNY Progyny, Inc.
Price Chart
Executive Summary
Four Progyny insiders (CEO excluded) sold a total of ~$402K worth of common stock over a 7-day window, with no open-market purchases. The cluster is dominated by a Director's $196K sale and an EVP/GC's $61K sale, alongside the CFO's small $7K sale and a separate Director's $137K sale. Tax-withholding share surrenders by the CFO, CEO, and EVP/GC (non-cash events) accounted for a further $380K in notional value. The total open-market sale value of $402K represents approximately 0.02% of PGNY's $2.0B market cap — well below the 0.1% materiality threshold — and is typical of routine portfolio diversification, not a bearish signal.
Key Financial Metrics
Actionable Insight
This cluster is routine insider selling tied to equity vesting cycles. The dollar amounts are immaterial relative to market cap, and the pattern (exercise-and-sell, tax withholding) is standard for post-vesting liquidity. No actionable directional signal — monitor the next 10-Q for any revenue or EPS inflection, as the analyst consensus remains 88% bullish.
Key Facts
- 4 insiders sold 15.8K open-market shares totalling ~$402K over 7 days (window 5/27-6/3).
- No open-market purchases were made by any insider during the window.
- The total open-market sale amount ($402K) is ~0.02% of PGNY's $2.0B market cap.
- The CEO, CFO, and EVP/GC each separately surrendered shares for tax withholding on equity vesting — these are non-cash events ($380K notional, $0 economic value).
- Director Scott Cheryl exercised 14,667 options (non-cash) and immediately sold a portion for $196K — a typical exercise-and-sell technique for option monetization.
- Past cluster reports on PGNY (T+20 win rate 100%) show the model has historically undersold neutral reads on this name.
Financial Impact
~$402K in total open-market sales (0.02% of market cap), plus ~$380K in tax-withholding share surrenders (non-cash).
Risk Factors
- Multiple C-suite insiders (CEO, CFO, EVP/GC) participated in share surrenders, which could be misinterpreted as a bearish indicator.
- No insider buying occurred, which eliminates the strongest positive signal from insider activity.
- The company's stock has been volatile recently (past neutral reports saw +4-11% T+5 moves); routine insider selling may be a contrarian buy signal if fundamentals are intact.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PGNY-1780691918943 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 12, 2026
today
|
Institutional Cluster
| $25.65 awaiting T+1 | awaiting T+1 | — | $26.63 (−3.84%) |
|
Jun 3, 2026
9d ago
|
Insider Cluster
| $25.48 $25.86 | ▲ +1.49% | ▲ +4.07% | $26.63 (+4.51%) |
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Jun 3, 2026
9d ago
|
Insider Cluster
| $25.48 $25.86 | ▲ +1.49% | ▲ +4.09% | $26.63 (+4.51%) |
|
May 28, 2026
15d ago
|
Press Release
| $25.69 $25.56 | ▲ +0.51% | ▲ +0.75% | $26.63 (−3.66%) |
|
May 27, 2026
16d ago
|
144
| $25.48 $25.69 | ▲ +0.82% | ▲ +0.27% | $26.63 (+4.51%) |
|
May 26, 2026
17d ago
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8-K
| $25.05 $25.48 | ▲ +1.72% | ▲ +1.70% | $26.63 (+6.31%) |
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May 21, 2026
22d ago
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Insider Cluster
| $24.88 $25.05 | ▲ +0.68% | ▲ +0.10% | $26.63 (+7.03%) |
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May 21, 2026
22d ago
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Insider Cluster
| $24.88 $25.05 | ▲ +0.68% | ▲ +0.10% | $26.63 (+7.03%) |
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Apr 23, 2026
7w ago
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Press Release
| $17.67 $18.17 | ▲ +2.83% | ▲ +2.04% | $26.63 (+50.71%) |
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Apr 10, 2026
9w ago
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DEFA14A
| $16.30 $16.98 | ▲ +4.17% | ▲ +3.20% | $26.63 (+63.37%) |
US Market Status
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