Form 4: Phreesia CFO Sells Shares for Tax Obligations

Phreesia's Chief Financial Officer, Balaji Gandhi, sold 8,009 shares of common stock to cover tax withholding obligations related to restricted stock units.

Summary

• Balaji Gandhi, Chief Financial Officer of Phreesia, Inc. (PHR), reported a transaction involving the company's common stock.
• On January 8, 2026, Mr. Gandhi disposed of 8,009 shares of common stock.
• The shares were sold at a weighted average price of $17.0071 per share, with individual transactions ranging from $16.81 to $17.56.
• This disposal was a non-discretionary transaction, executed pursuant to the Issuer's mandatory sell-to-cover policy to satisfy tax withholding obligations associated with the settlement of restricted stock units.
• Following this transaction, Mr. Gandhi beneficially owns 156,231 shares of Phreesia common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a non-discretionary 'sell-to-cover' for tax obligations related to RSU vesting, which is a routine event for insiders and generally considered neutral in terms of company sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing reports a routine insider transaction for tax purposes and does not provide information directly related to broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary sale for tax purposes and does not reflect a change in management's confidence in the company's long-term prospects.

Key Dates

Keywords

Phreesia, PHR, Insider Transaction, Form 4, Stock Sale, CFO, Balaji Gandhi, Restricted Stock Units, Tax Withholding