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

Allison Hoffman, General Counsel & Secretary of Phreesia Inc., sold 3,982 shares of common stock on January 6, 2025, to cover tax withholding obligations related to the settlement of restricted stock units.

Summary

• On January 6, 2025, Allison Hoffman, the General Counsel & Secretary of Phreesia Inc., disposed of 3,982 shares of common stock.
• The shares were sold at a weighted average price of $26.6055.
• The sales were non-discretionary and executed to cover tax withholding obligations related to the settlement of restricted stock units.
• Following the transaction, Hoffman directly owns 159,137 shares of Phreesia Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock sale for tax purposes. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The sale of shares by an insider could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect.

Key Dates