Form 4: Phreesia SVP David Linetsky Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David Linetsky, SVP at Phreesia, Inc., sold shares of common stock to cover tax withholding obligations related to the settlement of restricted stock units (RSUs).
Summary
- David Linetsky, a Senior Vice President at Phreesia, Inc., disposed of shares of common stock on June 18, 2024, and June 20, 2024.
- The sales were executed to cover tax withholding obligations related to the settlement of an award of RSUs, in accordance with the issuer's mandatory sell-to-cover policy.
- On June 18, 2024, 41 shares were sold at a price of $19.1971 per share.
- On June 20, 2024, 66 shares were sold at a price of $19.7322 per share.
- Following these transactions, Mr. Linetsky directly owns 204,038 shares and his spouse indirectly owns 6,980 shares.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock sales for tax obligations, indicating a neutral sentiment.
Industry Context
Sales of shares to cover tax obligations upon RSU settlement are a common practice among corporate executives. This filing provides transparency into such transactions at Phreesia.
Stakeholder Impact
- The stock sales may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Sale of 41 shares of common stock at $19.1971 per share. |
| 06/20/2024 | Sale of 66 shares of common stock at $19.7322 per share. |
| 06/21/2024 | Date of signature for the Form 4 filing. |
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