Form 4: Phreesia Executive Reports Tax-Related Stock Withholding

David Linetsky, President of Network Solutions at Phreesia, Inc., reported the withholding of 229 shares to satisfy tax obligations.

Summary

• David Linetsky, President of Network Solutions at Phreesia, Inc., filed a Form 4 regarding a transaction on April 16, 2026.
• The transaction involved the withholding of 229 shares of common stock at a price of $9.17 per share.
• This transaction was executed to satisfy tax withholding obligations related to the settlement of restricted stock units.
• Following the transaction, the reporting person maintains 12,134 shares indirectly through a spouse and 224,056 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative event, as the share reduction is purely for tax compliance and does not reflect a change in the executive's sentiment toward the company.

Positives

• The transaction was a mandatory tax withholding event rather than a discretionary open-market sale, indicating no change in the executive's long-term investment outlook.

Negatives

• The filing reflects a reduction in the total number of shares held by the executive due to tax settlement requirements.

Risks

• None identified; this is a routine administrative filing related to equity compensation.

Future Outlook

Not applicable; this is a retrospective disclosure of a specific equity transaction.

Industry Context

StockSavvy.ai notes that routine tax withholding filings are standard practice for executives receiving equity-based compensation and do not typically signal changes in corporate strategy or executive confidence.

Comparison to Industry Standards

• The transaction follows standard SEC reporting requirements for equity compensation settlement, consistent with practices at other publicly traded technology and healthcare software firms.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a standard tax-related equity settlement.

Next Steps

• No further actions required; the transaction is complete.

Key Dates

Keywords

Phreesia, PHR, Form 4, Insider Trading, Tax Withholding, Equity Compensation