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

Yvonne Hui, Principal Accounting Officer of Phreesia Inc., sold 744 shares of common stock on September 10, 2024, to cover tax withholding obligations related to the settlement of restricted stock units (RSUs).

Summary

• On September 10, 2024, Yvonne Hui, the Principal Accounting Officer of Phreesia Inc., disposed of 744 shares of common stock.
• The sale was executed to cover tax withholding obligations associated with the settlement of an RSU award.
• The shares were sold at a weighted average price of $23.2502, with individual transactions ranging from $22.94 to $23.17 per share.
• Following the transaction, Hui directly owns 30,019 shares of Phreesia Inc. common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (sale of shares for tax obligations) and doesn't inherently indicate positive or negative sentiment regarding the company's performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares.

Stakeholder Impact

• The sale of shares by a company officer may have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates