Form 4: Phreesia Inc. Principal Accounting Officer Sells Shares to Cover Tax Obligations

Yvonne Hui, Principal Accounting Officer of Phreesia Inc., sold 362 shares of common stock on January 14, 2025, to cover tax withholding obligations related to the settlement of restricted stock units.

Summary

• On January 14, 2025, Yvonne Hui, the Principal Accounting Officer of Phreesia Inc., disposed of 362 shares of common stock.
• The shares were sold at a weighted average price of $26.377 per share, with individual transactions ranging from $26.16 to $26.6825.
• The sale was conducted to cover tax withholding obligations associated with the settlement of restricted stock units, as per the issuer's mandatory sell-to-cover policy.
• Following the transaction, Hui directly owns 26,155 shares of Phreesia Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily reflect a positive or negative outlook on the company.

Industry Context

This is a routine transaction related to executive compensation and tax obligations. It is common for company officers to sell shares to cover taxes when restricted stock units vest.

Stakeholder Impact

• The sale of shares by an officer could have a minor, temporary impact on the stock price, but is unlikely to be significant given the small number of shares involved.

Key Dates