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  • Securities Litigation (new) — Company was involved in derivative lawsuit alleging improper director compensation practices, now moving toward settlement.
NASDAQ: PGNY Progyny, Inc. 8-K

Progyny settles shareholder lawsuit over director compensation practices

Filed March 13, 2026 · Period ending January 26, 2026 · ~1 min read

Key Changes

  • high

    Company reached settlement with shareholder to resolve derivative lawsuit challenging how non-employee board directors were historically compensated. Case was filed in New York state court.

    Item 8.01 verify on EDGAR →
  • medium

    Derivative action means a shareholder sued on behalf of the company, typically alleging directors or officers breached their duties. Settlement terms were not disclosed in the 8-K filing.

    Exhibit 99.1 view on EDGAR →
  • medium

    Company issued formal notice of pending settlement as required by court procedures. Final approval by the court is likely still needed before settlement becomes effective.

    Item 8.01 verify on EDGAR →

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View original filing on SEC.gov Press release (Ex 99.1) on EDGAR ↗

Source-verified from EDGAR · Narrative written by AI · Jun 4, 2026 · How we verify