Form 4: Phreesia Inc. Director Gillian Munson Reports Acquisition of 400 Shares

Sentiment:

SEC Form 4


Director Gillian Munson acquired 400 shares of Phreesia Inc. common stock at $24.96 per share on April 30, 2025, through deferred stock units.

Summary

  • On April 30, 2025, Gillian Munson, a director of Phreesia, Inc., acquired 400 shares of common stock at a price of $24.96 per share.
  • The acquisition was made through deferred stock units (DSUs) as part of the Non-Employee Director Deferred Compensation Program.
  • Following the transaction, Munson directly owns 37,474 shares of Phreesia, Inc.
  • The DSUs will be settled in common stock either 90 days after Munson ceases to be a director or five years from the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The director will receive underlying common stock on the earlier of (i) 90 days after ceasing to serve as a member of the Board of Directors of the Issuer and incurring a 'separation from service' within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder, or (ii) five years from the date of grant of the DSUs.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a common practice for publicly traded companies. It provides transparency to investors regarding the actions of company insiders.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates

DateDescription
04/30/2025Date of transaction: Acquisition of 400 shares of Phreesia, Inc. common stock.
05/02/2025Date of signature for the Form 4 filing.

Keywords

Phreesia, Director, Gillian Munson, Stock Acquisition, Deferred Stock Units, Form 4, PHR, Beneficial Ownership

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