Form 4: Phreesia Inc. Executive Allison C. Hoffman Reports Stock Sale to Cover Tax Obligations
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
| Date | Description |
|---|---|
| 04/16/2025 | Date of stock sale transaction |
| 04/17/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Phreesia, Insider Trading, Stock Sale, Allison C. Hoffman, Tax Withholding, Restricted Stock Units
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.