Form 4: Phreesia Inc. COO Evan Roberts Sells Shares to Cover Tax Obligations
SEC Form 4
Phreesia's Chief Operating Officer, Evan Roberts, disposed of 2,029 shares of common stock on April 15, 2024, to cover tax obligations related to the settlement of restricted stock units.
Summary
- On April 15, 2024, Evan Roberts, the Chief Operating Officer of Phreesia Inc., sold 2,029 shares of common stock.
- The sale was executed to cover tax withholding obligations related to the settlement of restricted stock units.
- The shares were sold at a weighted average price of $22.8574, with individual transactions ranging from $22.63 to $23.06 per share.
- Following the transaction, Roberts beneficially owns 754,903 shares of Phreesia Inc.
- The sale was conducted under the issuer's mandatory sell-to-cover policy.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (sell-to-cover) and doesn't convey any strong positive or negative sentiment about the company's performance or future prospects.
Industry Context
Sales of shares to cover tax obligations are a routine part of equity compensation for executives. This transaction is not necessarily indicative of the executive's sentiment towards the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of the transaction: Evan Roberts sold 2,029 shares of Phreesia Inc. common stock. |
| 04/17/2024 | Date of signature for the Form 4 filing. |
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