Form 4: Phreesia CEO Chaim Indig Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Phreesia's CEO, Chaim Indig, disposed of shares to cover tax withholding obligations related to the settlement of restricted stock units.
Summary
- Chaim Indig, CEO of Phreesia, Inc., sold shares of common stock on April 8, 2025, to cover tax obligations.
- A total of 7,434 shares were sold at a weighted average price of $23.4568, with individual prices ranging from $23.00 to $23.995 per share.
- An additional 4,733 shares were sold at a weighted average price of $24.475, with individual prices ranging from $24.00 to $24.915 per share.
- Following these transactions, Chaim Indig directly owns 1,257,665 shares of Phreesia common stock.
- He also indirectly owns 255,000 shares through the Indig Dynasty Trust, where his sister-in-law is the investment advisor and his immediate family members are the beneficiaries.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations.
Industry Context
This is a routine Form 4 filing, disclosing stock sales by a company insider to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Date of stock sale transactions. |
| 04/10/2025 | Date of report filing. |
Keywords
Phreesia, Chaim Indig, stock sale, Form 4, SEC, tax obligations, insider trading, beneficial ownership
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