Form 4: Phreesia CEO Chaim Indig Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Phreesia's CEO, Chaim Indig, sold shares to cover tax obligations related to the settlement of restricted stock units.
Summary
- On January 6, 2025, Chaim Indig, the CEO of Phreesia, Inc., disposed of 5,375 shares of common stock at a weighted average price of $26.6055.
- The sale was executed to cover tax withholding obligations related to the settlement of restricted stock units.
- Following the transaction, Indig directly owns 1,262,220 shares of Phreesia common stock.
- Additionally, 255,000 shares are held indirectly through the Indig Dynasty Trust, where members of Indig's immediate family are the sole beneficiaries.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction to cover tax obligations.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 01/06/2025 | Date of stock disposal transaction. |
| 01/08/2025 | Date of signature on the Form 4 filing. |
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