Form 4: Phreesia Executive Sells Shares for Tax Obligations

Sentiment:

Insider Transaction Report


Phreesia's President of Provider Solutions, Evan Roberts, sold 3,761 shares of common stock to cover tax withholding obligations from a restricted stock unit award.

Summary

  • Evan Roberts, President of Provider Solutions at Phreesia, Inc. (PHR), disposed of 3,761 shares of common stock.
  • The transaction occurred on September 16, 2025, at a weighted average price of $23.2844 per share.
  • The shares were sold in multiple transactions with prices ranging from $22.83 to $23.69 per share.
  • This sale was non-discretionary, executed pursuant to the Issuer's mandatory sell-to-cover policy to satisfy tax withholding obligations related to the settlement of a restricted stock unit award.
  • Following this transaction, Evan Roberts beneficially owns 726,837 shares of Phreesia common stock.
  • The transaction was made pursuant to a Rule 10b5-1(c) pre-planned contract, instruction, or written plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a mandatory, non-discretionary sale to cover tax withholding obligations related to an RSU award, which is a routine event and not indicative of management's discretionary view on the company's prospects.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

  • Minimal impact on shareholders as this is a routine, non-discretionary transaction related to executive compensation and tax obligations, not a discretionary sale indicating a change in confidence.

Key Dates

DateDescription
09/16/2025Date of transaction where shares were disposed of.
09/18/2025Date the Form 4 filing was signed and submitted.

Keywords

Phreesia, PHR, Insider Transaction, Form 4, Stock Sale, Executive Compensation, RSU, Tax Withholding, Rule 10b5-1

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.