Form 4: Phreesia Inc. Executive Yvonne Hui Reports Stock Sales

Sentiment:

SEC Filing


Yvonne Hui, Principal Accounting Officer of Phreesia Inc., reported the sale of company stock on April 15 and 16, 2025, according to a Form 4 filing with the SEC.

Summary

  • Yvonne Hui, the Principal Accounting Officer of Phreesia Inc., filed a Form 4 with the SEC detailing changes in beneficial ownership.
  • On April 15, 2025, Ms. Hui sold 314 shares of common stock at a weighted average price of $24.0432 per share, with individual prices ranging from $23.53 to $24.42.
  • On April 16, 2025, she sold 418 shares at $23.66 per share.
  • These transactions were executed under a Rule 10b5-1 trading plan adopted on July 16, 2024.
  • The sales on April 15th were to cover tax obligations related to the settlement of restricted stock units.
  • Following these transactions, Ms. Hui beneficially owns 24,915 shares of Phreesia Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock sales by a company executive and is typical for publicly traded companies. It provides transparency into insider transactions.

Stakeholder Impact

  • The stock sales by an executive could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

DateDescription
July 16, 2024Date of adoption of Rule 10b5-1 trading plan
April 15, 2025Date of first reported stock sale
April 16, 2025Date of second reported stock sale
April 17, 2025Date of signature on the Form 4 filing

Keywords

Form 4, Phreesia Inc., Yvonne Hui, stock sale, beneficial ownership, Rule 10b5-1, insider trading

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