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

Sentiment:

SEC Form 4 Filing


Amy Beth VanDuyn, SVP of Human Resources at Phreesia Inc., sold 624 shares of common stock to cover tax withholding obligations related to the settlement of restricted stock units.

Summary

  • On October 15, 2024, Amy Beth VanDuyn, SVP of Human Resources at Phreesia Inc., disposed of 624 shares of common stock.
  • The shares were sold at a weighted average price of $21.0251 per share, with individual transactions ranging from $20.755 to $21.34 per share.
  • The sale was conducted to cover tax withholding obligations related to the settlement of restricted stock units, as per the issuer's mandatory sell-to-cover policy.
  • Following the transaction, VanDuyn directly owns 118,917 shares of Phreesia Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock sale for tax purposes, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.

Key Dates

DateDescription
10/15/2024Date of the stock sale transaction.
10/17/2024Date of signature for the Form 4 filing.

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