Form 4: Phreesia Inc. Director Lainie Goldstein Reports Acquisition of Common Stock

Director Lainie Goldstein acquired 482 shares of Phreesia Inc. common stock on April 30, 2024, as part of a deferred compensation program.

Summary

• On April 30, 2024, Lainie Goldstein, a director of Phreesia Inc., acquired 482 shares of common stock.
• The acquisition was part of the Non-Employee Director Deferred Compensation Program.
• The shares were granted as deferred stock units (DSUs) in lieu of an annual cash retainer.
• The price per share was $20.74.
• Following the transaction, Goldstein directly owns 31,668 shares of Phreesia Inc. common stock.
• The underlying common stock will be received 90 days after Goldstein ceases to be a director and incurs a 'separation from service'.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation.

Positives

• The acquisition reflects Goldstein's continued investment in Phreesia Inc.

Future Outlook

The director will receive underlying common stock 90 days after ceasing to serve as a member of the Board of Directors and incurring a 'separation from service'.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a common practice for directors and officers of publicly traded companies.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine part of director compensation.

Key Dates