SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Maintain 9.7% Stake in Phreesia Inc.

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, confirming a 9.7% beneficial ownership stake in Phreesia Inc. as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 5,680,789.03 shares of Phreesia Inc. common stock.
• This ownership represents 9.7% of Phreesia Inc.'s total outstanding common stock.
• The filing is an Amendment No. 7 to a Schedule 13G, indicating a continuation or update of previously disclosed ownership.
• FMR LLC holds sole voting power over 5,679,133.00 shares and sole dispositive power over 5,680,789.03 shares.
• Abigail P. Johnson, as a Director, Chairman, and Chief Executive Officer of FMR LLC, is deemed to beneficially own the same shares due to her role and the Johnson family's controlling interest in FMR LLC.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Phreesia Inc.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing disclosing beneficial ownership, which does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook.

Positives

• A major institutional investor, FMR LLC, and its principal, Abigail P. Johnson, maintain a significant 9.7% beneficial ownership stake in Phreesia Inc., potentially signaling continued confidence in the company.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holding, which can offer insights into institutional confidence.
• Regulatory Bodies: Ensures compliance with SEC disclosure requirements for significant beneficial ownership.

Key Dates

Keywords

Phreesia Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investor, SEC filing