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AI brief of an SEC Form 8-K · Progyny (PGNY)

Progyny: President Michael Sturmer to leave December 31, 2025; will consult through 2026

Neutral Impact 3 of 5 leadership Written later

Progyny said its President, Michael Sturmer, will leave the company effective December 31, 2025, and the company will not name a successor to the role. Sturmer will serve as a non-employee consultant through December 31, 2026, for an annual advisory fee of $250,000 to help continue projects begun during his tenure.

Key points

  • Sturmer's employment ends December 31, 2025; he receives severance under his December 17, 2021 employment agreement
  • No successor will be named for the President role; the company cites added Chief Commercial, Technology, Operating and Product Officers
  • Consulting agreement runs through December 31, 2026 at $250,000 per year
  • Options remain exercisable longer if he provides services through June 30, 2026

The filing

CompanyProgyny (PGNY)
Form8-K, current report
Filed with the SECDec 17, 2025, 8:00 AM ET
Accession number0001551306-25-000218

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 17, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.