Form 4: Phreesia Inc. Principal Accounting Officer Janet Gunzburg Sells Shares Under 10b5-1 Plan
SEC Form 4
Janet Gunzburg, Principal Accounting Officer of Phreesia Inc., sold 2,768 shares of common stock at a weighted average price of $23.0954 per share on April 10, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On April 10, 2024, Janet Gunzburg, the Principal Accounting Officer of Phreesia Inc., sold 2,768 shares of the company's common stock.
- The sale was executed at a weighted average price of $23.0954 per share.
- The transactions occurred at prices ranging from $22.71 to $23.30 per share.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on October 13, 2023.
- Following the transaction, Gunzburg directly owns 36,132 shares of Phreesia Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales by company insiders are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares over a period of time without being accused of trading on non-public information.
Key Dates
| Date | Description |
|---|---|
| 10/13/2023 | Date the Reporting Person adopted the Rule 10b5-1 trading plan |
| 04/10/2024 | Date of the stock sale transaction |
| 04/12/2024 | Date of the Form 4 filing |
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