4/A: Phreesia Inc. Director Amends Ownership Report to Correctly Reflect Share Holdings

Sentiment:

SEC Filing (Form 4/A)


Michael Weintraub, a director of Phreesia Inc., filed an amended Form 4 to correct an overstatement of direct share ownership in a previous filing.

Summary

  • Michael Weintraub, a director at Phreesia Inc., filed an amendment to a previous Form 4.
  • The amendment corrects an error in the original filing regarding the number of shares directly owned.
  • The original Form 4, filed on June 28, 2024, inadvertently included 151,548 shares in both direct and indirect ownership.
  • These shares are held indirectly through the Michael Weintraub 2023 Qualified Annuity Trust (144,845 shares) and the Weintraub Family 2017 Irrevocable Trust (6,703 shares).
  • The corrected filing shows Weintraub's direct ownership of common stock as 37,479 shares.
  • Indirect ownership includes 144,845 shares held by the Michael Weintraub 2023 Qualified Annuity Trust and 6,703 shares held by the Weintraub Family 2017 Irrevocable Trust.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. The correction ensures accurate reporting, which is a positive for transparency.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

  • The correction of the filing ensures that shareholders and potential investors have accurate information regarding insider ownership.
  • Accurate reporting contributes to investor confidence.

Key Dates

DateDescription
06/28/2024Date of original Form 4 filing
06/26/2024Date of earliest transaction
03/28/2025Date of signature for the amended filing

Keywords

Form 4, amendment, beneficial ownership, Phreesia, Weintraub, director, shares

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