Form 4: Phreesia Inc. Executive RSU Award Details

Yvonne Hui, Principal Accounting Officer at Phreesia, Inc., received a grant of 13,636 Restricted Stock Units (RSUs) valued at $9.15 per share, converting a cash bonus into equity.

Summary

• Yvonne Hui, Principal Accounting Officer at Phreesia, Inc., was granted 13,636 Restricted Stock Units (RSUs) on April 6, 2026.
• These RSUs were fully vested as of the grant date and represent a conversion of a cash bonus earned for the fiscal year ending January 31, 2026.
• The RSUs were granted at a value of 115% of the earned cash bonus amount.
• The per-share value used for the grant was $9.15, based on the closing price of Phreesia's common stock on April 6, 2026.
• Following this transaction, Ms. Hui beneficially owns 42,802 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard executive compensation transaction rather than significant financial performance or strategic changes.

Positives

• The transaction represents an executive converting earned cash compensation into equity, aligning management's interests with shareholders.
• The RSUs were fully vested upon grant, providing immediate benefit to the reporting person.
• The grant value reflects the company's stock price on the grant date, indicating a market-based valuation.

Negatives

• The filing does not provide details on the original cash bonus amount, making it difficult to assess the exact premium paid in RSUs.
• The share price of $9.15 may be significantly lower than historical or future prices, impacting the perceived value of the award.

Risks

• The value of the RSUs is directly tied to the future performance of Phreesia's stock price, which is subject to market volatility and company-specific risks.
• If the company's stock price declines, the value of the awarded RSUs will decrease.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports a transaction related to executive compensation.

Management Comments

• "These RSUs represent awards received in lieu of the Reporting Person's cash bonus earned for the fiscal year ending January 31, 2026 under the Issuer's Senior Executive Cash Incentive Bonus Plan."
• "The Reporting Person elected to convert such cash bonus into RSUs representing 115% of the earned cash bonus amount."
• "The number of RSUs granted is based on a per share value of $9.15, the closing price of the Issuer's common stock on April 6, 2026."

Industry Context

StockSavvy.ai notes that the conversion of cash bonuses into Restricted Stock Units (RSUs) is a common practice in the healthcare technology sector to incentivize long-term performance and retain key executives, aligning their financial interests with those of shareholders.

Related Party Transactions

• The transaction involves Yvonne Hui, the Principal Accounting Officer, receiving RSUs in lieu of a cash bonus, which is a form of compensation from the issuer to a related party (executive).

Stakeholder Impact

• Shareholders: The issuance of RSUs dilutes existing share ownership slightly, but also aligns executive incentives with long-term shareholder value.
• Employees: This transaction highlights the company's compensation strategy for senior executives, which may influence overall employee compensation structures.
• Management: Yvonne Hui benefits from the potential appreciation of Phreesia's stock price through the RSU award.

Next Steps

• The RSUs will be subject to the terms and conditions of the award agreement and the Issuer's equity incentive plan.
• Further transactions by Yvonne Hui will be reported on subsequent SEC filings.

Key Dates

Keywords

Phreesia, PHR, Form 4, Restricted Stock Units, RSU, Executive Compensation, Stock Options, Beneficial Ownership, Insider Trading, SEC Filing, Principal Accounting Officer