Form 4: Phreesia Inc. Executive Allison C. Hoffman Reports Acquisition of 10,720 Shares of Common Stock

Allison C. Hoffman, General Counsel & Secretary of Phreesia Inc., reports acquiring 10,720 shares of common stock on April 4, 2025, through the conversion of a cash bonus into Restricted Stock Units (RSUs).

Summary

• On April 4, 2025, Allison C. Hoffman, General Counsel & Secretary of Phreesia Inc., acquired 10,720 shares of common stock.
• The acquisition was made through the conversion of a cash bonus into Restricted Stock Units (RSUs) under the Issuer's Senior Executive Cash Incentive Bonus Plan.
• The RSUs were fully vested as of the grant date and represent 115% of the earned cash bonus amount.
• The number of RSUs granted was based on a per share value of $24.31, which was the closing price of Phreesia's common stock on April 4, 2025.
• Following the transaction, Hoffman directly owns 149,854 shares of Phreesia Inc. common stock.

Sentiment

Score: 7

Explanation: Neutral to slightly positive sentiment as an executive is increasing their stake in the company, suggesting confidence. However, it's a routine transaction.

Positives

• Executive's decision to convert cash bonus into stock demonstrates confidence in the company's future.
• The acquisition increases Hoffman's stake in the company, aligning her interests with those of shareholders.

Industry Context

Form 4 filings are a routine part of the US financial market, providing transparency into the transactions of company insiders. This filing indicates an executive's investment in the company's stock, which can be seen as a positive signal.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a company executive.

Key Dates

Keywords

Phreesia, Insider Trading, Form 4, Allison C. Hoffman, Restricted Stock Units, RSUs, Common Stock, Executive Compensation