Progyny COO Cummings Sells 3,437 Shares for $109,000 -- Here's What That Means for Investors
Disposition reduced her direct holdings by 5% through a combination of Rule 10b5-1 plan sales and tax-withholding shares, leaving her with a $2.26 million stake.
Overview
Melissa B. Cummings, Chief Operating Officer of Progyny, Inc. (NASDAQ:PGNY), reported a sale of 3,437 shares of common stock on July 14, 2026. SEC Form 4 filing
Transaction value based on SEC Form 4 weighted average sale price ($31.73); post-transaction value based on July 14, 2026, market close ($32.36).
Details
Progyny is a market-leading benefits management company with a $2.5 billion market capitalization, generating $1.3 billion in TTM revenue with $67.7 million in net income. The company has established a differentiated competitive position through its integrated platform combining benefits administration, personalized member services, and access to a selective network of fertility specialists, positioning it as a strategic partner for employers seeking to attract and retain talent through comprehensive family-building benefits.
Source
Originally published at www.fool.com.