Form 4: Phreesia Inc. Principal Accounting Officer Janet Gunzburg Sells Shares to Cover Tax Obligations
SEC Form 4
Janet Gunzburg, Principal Accounting Officer of Phreesia Inc., sold 137 shares of common stock on March 20, 2024, to cover tax withholding obligations.
Summary
- On March 20, 2024, Janet Gunzburg, the Principal Accounting Officer of Phreesia Inc., disposed of 137 shares of common stock.
- The sale was executed to cover tax withholding obligations related to the settlement of restricted stock units.
- The shares were sold at a weighted average price of $23.6597, with individual transactions ranging from $23.28 to $24.19 per share.
- Following the transaction, Gunzburg beneficially owns 38,949 shares of Phreesia Inc. common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, with no indication of positive or negative sentiment.
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 upon vesting of restricted stock units.
Stakeholder Impact
- The sale of shares has a minimal impact on shareholders as it is a small transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of the transaction: sale of common stock. |
| 03/21/2024 | Date of signature for the Form 4 filing. |
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