PHR Form 144 Filed for 7,746-Share Sale on NYSE
Rhea-AI Filing Summary
Form 144 notice for Phreesia, Inc. (PHR) shows a proposed sale of 7,746 common shares with an aggregate market value of $251,476.45, to be sold through Fidelity Brokerage Services on the NYSE on 08/28/2025. The shares were acquired via stock options granted on 01/31/2018 and 03/27/2019 and payment is listed as cash. The filing also lists recent sales by the same person totaling 95,418 shares on 07/17/2025 and 08/27/2025 with gross proceeds of $3,045,686.16 combined. The filer attests there is no undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR: Routine insider Rule 144 sale; transaction size appears immaterial to market capitalization.
The filing documents a proposed Rule 144 sale of 7,746 common shares by a person associated with the issuer, executed through a broker on 08/28/2025. Shares originate from option grants in 2018 and 2019 and are to be paid in cash. Recent historical sales by the same person total 95,418 shares with disclosed gross proceeds. For investors, this is a compliance disclosure of insider liquidity rather than an operational development. Absent additional context on insider holdings or planned future sales, the disclosure itself is neutral.
TL;DR: Compliance-focused disclosure; affirms representation of no undisclosed material information.
The Form 144 provides required transparency around an insider sale and includes the signer’s attestation regarding material information and any Rule 10b5-1 plan reliance fields. It confirms the mechanics of acquisition (options) and broker execution details. This document supports regulatory transparency and does not, on its face, indicate governance concerns beyond routine insider liquidity.