[144] Phreesia, Inc. SEC Filing
Phreesia, Inc. (PHR) filing of Form 144 reports a proposed sale of 4,183 common shares to be sold through Fidelity Brokerage Services on 09/16/2025 with an aggregate market value of $97,398.65. The shares were acquired on 09/11/2025 via restricted stock vesting and were paid as compensation. The filer, identified in prior sales as Balaji Gandhi, sold 886 shares on 07/17/2025 for $23,820.82 and 9,583 shares on 08/25/2025 for $287,550.07. The notice includes the standard representation that the seller does not possess undisclosed material adverse information about the issuer.
- Full compliance with Rule 144 disclosure: broker, dates, share counts, and aggregate market value are provided
- Shares acquired via restricted stock vesting, indicating compensation-related issuance rather than new external purchase
- None.
Insights
TL;DR: Officer/director filed to sell recently vested restricted shares worth ~$97K; prior sales this quarter totaled ~10.5K shares.
This Form 144 notifies a proposed sale of 4,183 common shares received through restricted stock vesting and identified as compensation. The execution venue is Fidelity on the NYSE on 09/16/2025. The filing also discloses two prior dispositions by the same person this quarter totaling 10,469 shares generating gross proceeds of $311,370.89. For investors, this is an insider liquidity event reflecting planned disposition of vested compensation, not an explicit statement about company fundamentals. The filing contains the routine attestation regarding absence of undisclosed material adverse information.
TL;DR: Routine insider sale notice for vested compensation; disclosure appears complete for Rule 144 requirements.
The Form 144 shows acquisition by restricted stock vesting and sale planned via a broker, which aligns with common executive compensation and trading compliance. The filing names the broker and provides dates, share counts, and aggregate values required by the rule. There is no allegation of undisclosed material information; the signer makes the standard legal representation. This document is procedural and does not, on its face, indicate governance irregularities.