Form 4: Phreesia President Sells Shares for Tax Obligations
Insider Transaction Report
Phreesia's President of Provider Solutions, Evan Roberts, sold 6,317 shares of common stock to cover tax withholding obligations related to restricted stock unit settlement.
Summary
- Evan Roberts, President, Provider Solutions at Phreesia, Inc., sold 6,317 shares of common stock.
- The transaction occurred on January 8, 2026, at a weighted average price of $17.0071 per share, with individual sales ranging from $16.81 to $17.56.
- The sale was non-discretionary, executed under the company's mandatory sell-to-cover policy to satisfy tax withholding obligations from a restricted stock unit award.
- Following this transaction, Mr. Roberts beneficially owns 834,632 shares of Phreesia common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary sale to cover tax obligations upon RSU vesting, which is a neutral event for company sentiment.
Positives
- The executive continues to hold a substantial number of shares (834,632), indicating continued alignment with shareholder interests.
Future Outlook
NA
Industry Context
This is a routine insider transaction for tax purposes and does not provide specific insights into broader industry trends or competitive landscape.
Comparison to Industry Standards
- Routine Form 4 filings for tax-related sales are standard practice across industries and do not typically warrant specific comparisons to other companies' operational results or projects.
Stakeholder Impact
- Shareholders: Minimal direct impact as it is a routine tax-related sale, not indicative of a change in executive confidence or a large divestment. The executive retains a significant holding.
- Employees: No direct impact.
- Customers: No direct impact.
- Suppliers: No direct impact.
- Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 01/08/2026 | Date of earliest transaction (sale of common stock) |
| 01/12/2026 | Signature date of the reporting person's power of attorney |
Keywords
Phreesia, PHR, Evan Roberts, Insider Trading, Form 4, Stock Sale, Restricted Stock Units, Tax Withholding, Sell-to-Cover
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