Form 4: Phreesia Inc. Executive Allison C. Hoffman Reports Stock Sale to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Allison C. Hoffman, General Counsel & Secretary of Phreesia Inc., reports the sale of 1,213 shares of common stock to cover tax withholding obligations related to the settlement of restricted stock units.

Summary

  • On April 16, 2025, Allison C. Hoffman, General Counsel & Secretary of Phreesia Inc., sold 1,213 shares of common stock.
  • The sale was executed to cover tax withholding obligations associated with the settlement of restricted stock units.
  • The shares were sold at a weighted average price of $23.8072, with individual transactions ranging from $23.49 to $24.09 per share.
  • Following the transaction, Hoffman directly owns 137,921 shares of Phreesia Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of the regulatory landscape, providing transparency into the transactions of company insiders. This sale appears to be related to tax obligations, which is a common occurrence when restricted stock units vest.

Key Dates

DateDescription
04/16/2025Date of stock sale transaction
04/17/2025Date of signature on the Form 4 filing

Keywords

Form 4, Phreesia, Insider Trading, Stock Sale, Allison C. Hoffman, Tax Withholding, Restricted Stock Units

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