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 2,212 shares of common stock on April 15, 2024, to cover tax withholding obligations.
Summary
- David Linetsky, a Senior Vice President at Phreesia, Inc., disposed of 2,212 shares of common stock on April 15, 2024.
- 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 $22.8574.
- Following the transaction, Linetsky directly owns 204,038 shares of Phreesia common stock and indirectly owns 7,356 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock sales to cover tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows the public to see when company executives are buying or selling shares in their own company.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of stock sale transaction |
| 04/17/2024 | Date of Form 4 filing |
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