Form 4: Phreesia Inc. Executive David Linetsky Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David Linetsky, SVP of Life Sciences at Phreesia, Inc., sold shares of common stock to cover tax withholding obligations related to the settlement of restricted stock units.
Summary
- On September 19, 2024, David Linetsky, SVP of Life Sciences at Phreesia, Inc., disposed of 24 shares of common stock at a price of $24.0433 per share.
- The sale was executed 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, Linetsky directly owns 203,318 shares and indirectly owns 8,971 shares through his spouse.
Sentiment
Score: 5
Explanation: The document reflects a neutral sentiment as it reports a routine transaction related to tax obligations. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Date of the transaction where David Linetsky sold shares of Phreesia, Inc. common stock. |
| 09/20/2024 | Date of signature for the Form 4 filing. |
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