Form 4: Phreesia Inc. Executive Amy Beth VanDuyn Sells Shares to Cover Tax Obligations

Amy Beth VanDuyn, SVP of Human Resources at Phreesia Inc., sold shares of common stock to cover tax withholding obligations related to the settlement of performance-based restricted stock units.

Summary

• On January 27, 2025, Amy Beth VanDuyn, SVP of Human Resources at Phreesia Inc., sold 2,426 shares of common stock at a weighted average price of $27.1848 per share.
• Additionally, VanDuyn sold 1,049 shares of common stock at a weighted average price of $28.1505 per share on the same day.
• These sales were executed to cover tax withholding obligations related to the settlement of performance-based restricted stock units, as per the Issuer's mandatory sell-to-cover policy.
• Following these transactions, VanDuyn directly owns 114,734 shares of Phreesia Inc. common stock.

Sentiment

Score: 5

Explanation: The document is neutral as it simply reports stock sales for tax purposes, a common practice among executives.

Industry Context

This Form 4 filing is a routine disclosure of insider stock sales, which are common among executives to manage their personal finances and tax obligations. The sales are related to the vesting of performance-based restricted stock units.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates