Form 4: Phreesia Inc. COO Evan Roberts Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Phreesia Inc.'s Chief Operating Officer, Evan Roberts, disposed of 3,148 shares of common stock to cover tax withholding obligations related to the settlement of an RSU award.
Summary
- On September 10, 2024, Evan Roberts, the Chief Operating Officer of Phreesia Inc., sold 3,148 shares of common stock.
- The sale was executed to cover tax withholding obligations related to the settlement of a Restricted Stock Unit (RSU) award.
- The shares were sold at a weighted average price of $23.2502, with individual transactions ranging from $22.94 to $23.17 per share.
- Following the transaction, Roberts directly owns 755,719 shares of Phreesia Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The sale of shares by an officer could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of the transaction (sale of shares) |
| 09/12/2024 | Date of the report filing |
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