Form 4: Phreesia CFO Acquires Shares, Settles RSUs

Phreesia's Chief Financial Officer, Balaji Gandhi, acquired 25,382 shares of common stock and had 156,931 shares beneficially owned following a transaction on April 9, 2026.

Summary

• Balaji Gandhi, Chief Financial Officer of Phreesia, Inc., reported a transaction on April 9, 2026.
• The transaction involved the acquisition of 25,382 shares of common stock.
• These shares were acquired at a price of $9.15 per share.
• Following this transaction, Mr. Gandhi beneficially owns 156,931 shares of common stock.
• The acquisition is noted as shares withheld by the Issuer to satisfy tax withholding obligations in connection with the settlement of restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details a routine executive compensation event (RSU settlement for tax withholding) rather than a strategic decision or a significant change in beneficial ownership.

Positives

• The Chief Financial Officer has acquired additional shares, indicating confidence in the company.
• The acquisition is a result of RSU settlement, a common and expected event for executive compensation.
• The CFO's beneficial ownership of 156,931 shares suggests a significant personal stake in Phreesia.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, such as this Form 4 filing by Phreesia's CFO, are common for executives managing restricted stock units and tax obligations. The acquisition of shares through RSU settlement is a standard component of executive compensation and does not inherently signal a change in company strategy or performance.

Stakeholder Impact

• Shareholders: The transaction is a routine RSU settlement and tax withholding, not a sale or purchase driven by market outlook, thus unlikely to have a significant direct impact on share price.
• Employees: This event is specific to executive compensation and does not directly affect the broader employee base.
• Management: Confirms the standard operation of executive compensation plans.

Key Dates

Keywords

Phreesia, PHR, Form 4, Insider Transaction, Balaji Gandhi, Chief Financial Officer, Common Stock, RSU Settlement, Beneficial Ownership