Form 4: Phreesia Inc. Principal Accounting Officer Reports Acquisition and Disposal of Common Stock

Yvonne Hui, Principal Accounting Officer of Phreesia Inc., reports the acquisition of 9,000 shares of common stock and disposal of shares on May 15, 2025, along with holding 31,592 shares following the transaction.

Summary

• On May 15, 2025, Yvonne Hui, the Principal Accounting Officer of Phreesia Inc., filed a Form 4.
• The report details the acquisition of 9,000 shares of common stock at $0 and the disposal of shares.
• Following the reported transactions, Hui beneficially owns 31,592 shares of Phreesia Inc.
• The 9,000 shares were acquired through Restricted Stock Units (RSUs) under the company's 2019 Stock Option and Incentive Plan.
• The RSUs vest over four years: 10% on May 15, 2026, 20% on May 15, 2027, 30% on May 15, 2028, and 40% on May 15, 2029, contingent upon continued service.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions. The RSU grant is a positive incentive for the officer.

Positives

• The grant of RSUs to a key officer like the Principal Accounting Officer can be seen as an incentive to align their interests with the company's long-term performance.

Future Outlook

The RSUs vest over a four-year period, contingent on the Reporting Person's continued service to the Issuer.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• RSU grants are a common form of executive compensation in the tech and healthcare industries, aligning management incentives with shareholder value.
• Vesting schedules similar to the one described (10%, 20%, 30%, 40% over four years) are frequently used to retain key personnel.
• Companies like Veeva Systems and Cerner (now Oracle Health) also utilize stock-based compensation plans for their executives.

Stakeholder Impact

• The RSU grant could positively impact shareholders by aligning management's interests with the company's long-term success.
• Employees may view the RSU grant as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

Form 4, Phreesia Inc., Yvonne Hui, Principal Accounting Officer, Stock Options, RSUs, Beneficial Ownership, Securities, Transaction