[144] Phreesia, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 Notice for Phreesia, Inc. (PHR) shows a proposed sale of 114 common shares through Fidelity Brokerage Services on 09/16/2025 with an aggregate market value of $2,654.42. The shares were acquired by the seller on 09/11/2025 upon restricted stock vesting and the consideration is listed as compensation. The filing reports the issuer has 59,914,473 shares outstanding. The document also lists multiple insider sales during the prior three months, including notable transactions by David Linetsky: 23,729 shares for $676,195.48 on 06/27/2025 and 17,445 shares for $518,681.81 on 08/22/2025. Other smaller sales by Jessica Weiss and additional sales by Linetsky are recorded with dates and gross proceeds. The filer certifies there is no undisclosed material adverse information known to the seller.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale filing disclosing restricted stock vesting and multiple recent insider dispositions; no new operational information disclosed.
The Form 144 documents a small planned sale of 114 vested shares valued at $2,654.42 and lists several recent insider dispositions, including two large sales by David Linetsky (23,729 shares for $676,195.48 and 17,445 shares for $518,681.81). This filing is procedural, intended to comply with Rule 144 disclosure requirements for sales by affiliates. It does not present earnings, operational changes, or new material facts about the issuer. For investors, the filing provides transparency on insider liquidity but does not itself indicate a change in company fundamentals.
TL;DR: Compliance-focused disclosure showing insiders exercising/disposing vested compensation; governance processes appear followed.
The notice identifies the nature of acquisition as restricted stock vesting and records the planned sale through a broker, satisfying procedural Rule 144 requirements. Multiple past sales by named insiders are disclosed with dates and gross proceeds, which supports transparency around insider transactions. The signer attests no undisclosed material adverse information exists. The filing contains standard legal cautions and does not reflect any governance action beyond routine insider liquidity and required reporting.