Form 4: Phreesia SVP David Linetsky Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David Linetsky, SVP of Life Sciences at Phreesia, Inc., sold 1,820 shares of common stock on July 16, 2024, to cover tax withholding obligations related to the settlement of restricted stock units.
Summary
- On July 16, 2024, David Linetsky, SVP of Life Sciences at Phreesia, Inc., disposed of 1,820 shares of common stock.
- The shares were sold at a price of $23.7356 per share.
- The transaction was executed to cover tax withholding obligations related to the settlement of restricted stock units.
- Following the transaction, Linetsky directly owns 202,218 shares of Phreesia common stock.
- Linetsky also indirectly owns 6,953 shares through his spouse.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily indicate a change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This transaction appears to be a standard sell-to-cover event, which is common when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 07/16/2024 | Date of the transaction: sale of common stock. |
| 07/17/2024 | Date of signature for the Form 4 filing. |
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