PHR insider sale notice: 2,059 vested shares to be sold via Fidelity
Rhea-AI Filing Summary
Form 144 filed for Phreesia, Inc. (PHR) shows a proposed sale of 2,059 common shares through Fidelity Brokerage Services with an aggregate market value of $48,386.50 and an approximate sale date of 09/17/2025. The shares were acquired by restricted stock vesting on 09/11/2025 and were issued as compensation. The filing reports total outstanding shares of 59,914,473. The filer also disclosed sales by Alison C. Hoffman within the past three months: 1,245 shares on 07/17/2025 for $33,472.82 and 3,133 shares on 09/16/2025 for $72,950.03. The notice includes the standard attestation that the seller is unaware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider proposes to sell a small block of vested shares; economic impact on outstanding float is negligible.
The filing documents a proposed sale of 2,059 shares valued at $48,386.50 against 59,914,473 shares outstanding, representing a de minimis fraction of the float. The shares were acquired via restricted stock vesting on 09/11/2025 and classified as compensation, indicating these are insider-originated equity awards being monetized. Prior transactions by the same individual show sales totaling 4,378 shares in the past three months for gross proceeds of $106,422.85. For investors, these transactions are routine insider liquidity events rather than a substantive change to capital structure or operational outlook.
TL;DR: The filing reflects routine executive share vesting and subsequent dispositions with required attestations present.
The notice states the securities were acquired through restricted stock vesting and will be sold through a broker (Fidelity). The filer executed the standard attestation regarding no undisclosed material adverse information. Recent disposals by Alison C. Hoffman are transparently disclosed with dates and proceeds, satisfying Rule 144 reporting requirements. No indications of trading-plan dates or Rule 10b5-1 adoption are provided in the remarks section, so the sales appear to be standard post-vesting transactions reported under Rule 144.