Form 4: Phreesia SVP David Linetsky Reports Sale of Shares to Cover Tax Obligations
SEC Form 4 Filing
David Linetsky, SVP of Life Sciences at Phreesia, Inc., reported the sale of 260 shares of common stock to cover tax withholding obligations related to the settlement of restricted stock units.
Summary
- On April 21, 2025, David Linetsky, SVP of Life Sciences at Phreesia, Inc., sold 260 shares of common stock.
- The sale was executed to cover tax withholding obligations related to the settlement of restricted stock units.
- The shares were sold at a weighted average price of $23.0418.
- The prices ranged from $22.75 to $23.675 per share.
- Following the transaction, Linetsky directly owns 217,239 shares and indirectly owns 8,752 shares through a spouse.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction for tax purposes and doesn't necessarily reflect a change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates a standard sell-to-cover transaction to meet tax obligations.
Stakeholder Impact
- The sale of a small number of shares is unlikely to have a significant impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/21/2025 | Date of the transaction (sale of shares). |
| 04/23/2025 | Date of the report filing. |
Keywords
Form 4, Phreesia, Linetsky, Share Sale, Tax Obligations, Restricted Stock Units, Beneficial Ownership, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.