Form 4: Phreesia Inc. COO Evan Roberts Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Evan Roberts, Chief Operating Officer of Phreesia Inc., sold shares of common stock on April 8, 2025, to cover tax withholding obligations related to the settlement of restricted stock units.
Summary
- On April 8, 2025, Evan Roberts, the Chief Operating Officer of Phreesia Inc., disposed of shares of common stock.
- A total of 4,420 shares were sold at a weighted average price of $23.4568 per share, with individual prices ranging from $23.00 to $23.995.
- An additional 2,813 shares were sold at a weighted average price of $24.475 per share, with individual prices ranging from $24.00 to $24.915.
- These transactions were non-discretionary and executed to cover tax withholding obligations related to the settlement of restricted stock units.
- Following these transactions, Roberts still beneficially owns 776,652 shares of Phreesia Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock sale for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market regarding their trading activities. This sale appears to be routine, covering tax obligations.
Stakeholder Impact
- The stock sale may have a minor, temporary impact on the stock price due to the increased selling volume.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Date of the stock sale transactions. |
| 04/10/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Phreesia Inc., Evan Roberts, Share Sale, Tax Obligations, Restricted Stock Units, Beneficial Ownership, COO
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.