Form 4: Phreesia CEO Chaim Indig Reports Stock Sale to Cover Tax Obligations
SEC Form 4 Filing
Chaim Indig, CEO of Phreesia, Inc., sold shares of common stock to cover tax withholding obligations related to the settlement of restricted stock units.
Summary
- On April 16, 2025, Chaim Indig, the CEO of Phreesia, Inc., disposed of 3,091 shares of common stock at a weighted average price of $23.8072.
- The sale was conducted to cover tax withholding obligations related to the settlement of restricted stock units.
- Following the transaction, Indig directly owns 1,254,574 shares of Phreesia's 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 and his sister-in-law is the investment advisor.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to a routine stock sale for tax purposes and doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 04/16/2025 | Date of stock sale transaction. |
| 04/17/2025 | Date of signature for the Form 4 filing. |
Keywords
Phreesia, Chaim Indig, stock sale, Form 4, SEC, tax obligations, restricted stock units, beneficial ownership, Indig Dynasty Trust
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