Form 4: Phreesia GC Sells Shares for Tax Obligations

Phreesia's General Counsel, Allison C. Hoffman, sold 1,241 shares of common stock to cover tax withholding obligations related to restricted stock unit settlement.

Summary

• Allison C. Hoffman, Phreesia's General Counsel and Secretary, disposed of 1,241 shares of Phreesia, Inc. common stock.
• The transaction took place on October 17, 2025, at a weighted average price of $22.3612 per share.
• The shares were sold in non-discretionary transactions as part of the Issuer's mandatory sell-to-cover policy to satisfy tax withholding obligations upon the settlement of a restricted stock unit award.
• The sale price for these shares ranged from $22.195 to $22.66 per share.
• Following this transaction, Allison C. Hoffman directly owns 135,737 shares of Phreesia common stock.

Sentiment

Score: 5

Explanation: The transaction is a mandatory sell-to-cover for tax obligations upon RSU settlement, which is a routine event and does not reflect discretionary insider selling or a change in management's outlook on the company. Therefore, the sentiment is neutral.

Future Outlook

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

Industry Context

This is a routine insider transaction related to tax obligations, which is common across all industries when restricted stock units vest for executives. It does not provide specific insights into broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or insider sentiment.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary sale of shares by an insider to cover tax obligations associated with restricted stock unit vesting. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Investors should maintain their current position based on broader company fundamentals and market conditions.

Keywords

Phreesia, PHR, Form 4, Insider Transaction, Stock Sale, Tax Withholding, RSU Settlement