4/A: Phreesia Director Amends Filing to Correctly Report Beneficial Ownership

Sentiment:

SEC Filing Form 4/A Amendment


Edward Cahill, a director at Phreesia, Inc., filed an amended Form 4 to correct the reported amount of securities beneficially owned, including previously omitted restricted stock units.

Summary

  • Edward Cahill, a director of Phreesia, Inc. [PHR], filed an amended Form 4 with the SEC.
  • The amendment, filed on March 28, 2025, corrects the number of securities beneficially owned following reported transactions.
  • The correction includes 8,490 restricted stock units that were inadvertently omitted from previous filings.
  • The earliest transaction date reported is July 31, 2024.
  • The original Form 4 was filed on August 1, 2024.
  • Following the correction, Cahill directly owns 54,976 shares of Phreesia common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing (Form 4/A) to correct a previous error. While the error itself is a minor negative, the correction is a positive sign of compliance. Overall, the sentiment is neutral to slightly positive.

Negatives

  • The original Form 4 filed on August 1, 2024, and subsequent Forms 4, contained an error regarding the total securities beneficially owned.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. Amendments, like this one, highlight the importance of accurate reporting and compliance.

Stakeholder Impact

  • The correction of the filing ensures accurate information is available to shareholders and potential investors.

Key Dates

DateDescription
07/31/2024Date of earliest transaction reported
08/01/2024Date of original Form 4 filing
03/28/2025Date of amended Form 4/A filing

Keywords

Form 4, amendment, beneficial ownership, Phreesia, PHR, Edward Cahill, restricted stock units, SEC filing, director

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