Phreesia (PHR) Rule 144 Notice for 10,000 Common Shares on NYSE
Rhea-AI Filing Summary
Form 144 notice for Phreesia, Inc. (PHR) related activity. The filing reports a proposed Rule 144 sale of 10,000 common shares through Fidelity Brokerage Services with an aggregate market value of $300,000, to be sold approximately on 08/25/2025 on the NYSE. The shares correspond to two option grants originally awarded on 03/01/2018 (6,887 shares) and 03/27/2019 (3,113 shares), with cash payment noted. The filer previously sold a combined 10,000 shares on 06/09/2025 and 06/10/2025 for gross proceeds of $275,011.73. The signer certifies no undisclosed material adverse information.
Positive
- Transaction details disclosed: quantity, broker, exchange, approximate sale date, and aggregate market value are provided
- Acquisition basis disclosed: ties shares to specific option grants with grant dates
- Prior sales disclosed: two recent open-market sales in June 2025 with gross proceeds listed, improving transparency
- Seller certification: signer represents no undisclosed material adverse information
Negative
- Missing issuer identification in header: issuer name and related header fields are blank in the provided content, limiting easy verification
- Filer CIK/CCC not provided: filer identification fields are empty in the text supplied, hindering direct match to registrant records
Insights
TL;DR: Routine insider sale under Rule 144 totaling 10,000 shares; appears procedural with limited market impact.
The filing documents a proposed sale of 10,000 common shares via Fidelity with an aggregate value of $300,000, derived from previously granted options. The seller also disclosed two prior open-market sales in June 2025 matching 10,000 shares and ~ $275k in proceeds, indicating ongoing liquidity actions rather than a single large disposition. No issuer-specific financial data or new material events are disclosed in this notice, so market-impact is likely minimal absent other disclosures.
TL;DR: Compliance-focused filing showing Rule 144 reliance; disclosure is standard but lacks some issuer identification fields.
The form follows Rule 144 mechanics by identifying the broker, class, quantity, and acquisition basis (option grants). The signer asserts there is no nonpublic material information. However, key issuer identifying fields in the header are blank in the provided text, which complicates cross-checking; the broker, dates, share counts, and prior sales are provided, supporting auditability of the trading history disclosed here.