[144] Phreesia, Inc. SEC Filing

Rhea-AI Filing Summary

Phreesia, Inc. filing a Form 144 discloses a proposed sale of 9,583 common shares with an aggregate market value of $287,550.07 to be sold on 08/25/2025 on the NYSE. The filing reports 59,504,269 shares outstanding for the issuer, and identifies the broker as Fidelity Brokerage Services LLC.

The document also details recent restricted stock vesting events that produced the shares to be sold: grants vested on 07/14/2024 (170 shares), 03/24/2025 (3,530), 04/04/2025 (4,820), 04/14/2025 (543) and 07/14/2025 (520). It discloses one sale during the past three months: 886 shares sold on 07/17/2025 for $23,820.82.

Positive

• Clear compliance with Rule 144 disclosure: broker, share counts, market value, sale date and exchange are specified
• Traceable share origin: all shares to be sold are shown as from restricted stock vesting on specific dates
• Prior sale disclosed: recent sale of 886 shares for $23,820.82 provides transparency about recent liquidity

Negative

• None.

Insights

Securities Analyst

TL;DR Insider/holder plans a modest sale of 9,583 shares, fully documented through restricted-vesting origins and a recent small sale.

The filing provides clear, transaction-level disclosure required by Rule 144: exact share counts, acquisition dates tied to restricted stock vesting, broker details, and the planned sale date and exchange. The proposed sale equals 0.016% of reported outstanding shares, indicating limited market impact. The recent prior sale of 886 shares for $23,820.82 demonstrates prior liquidity activity.

Corporate Governance Expert

TL;DR The notice reflects routine insider selling under Rule 144 with appropriate attestation language and vesting provenance for the shares.

The form includes the required representation that the seller is unaware of undisclosed material adverse information and documents the origin of the securities as compensation via restricted stock vesting on specified dates. No governance red flags or material undisclosed items are visible in the filing text provided.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	9583	287550.07	59504269	08/25/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/14/2024	Restricted Stock Vesting	Issuer			170	07/14/2024	Compensation
Common	03/24/2025	Restricted Stock Vesting	Issuer			3530	03/24/2025	Compensation
Common	04/04/2025	Restricted Stock Vesting	Issuer			4820	04/04/2025	Compensation
Common	04/14/2025	Restricted Stock Vesting	Issuer			543	04/14/2025	Compensation
Common	07/14/2025	Restricted Stock Vesting	Issuer			520	07/14/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Balaji Gandhi 1521 Concord Pike Suite 301 PMB 221 Wilmington DE 19803	Common	07/17/2025	886	23820.82

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Phreesia's (PHR) Form 144 disclose?

The filing discloses a proposed sale of 9,583 common shares valued at $287,550.07, to be sold on 08/25/2025 on the NYSE via Fidelity Brokerage Services LLC.

How many Phreesia shares are outstanding according to the filing?

The filing reports 59,504,269 shares outstanding for the issuer.

What is the origin of the shares proposed for sale in the Form 144?

All listed shares were acquired through restricted stock vesting on dates: 07/14/2024 (170), 03/24/2025 (3,530), 04/04/2025 (4,820), 04/14/2025 (543) and 07/14/2025 (520).

Was there a recent sale by the reporting person?

Yes. The filing discloses a sale on 07/17/2025 of 886 shares for $23,820.82 by Balaji Gandhi (address shown).

Which broker is handling the proposed sale?

The broker named is Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917.

Does the filer attest to material nonpublic information?

The notice includes the required representation that the person selling does not know any material adverse information about the issuer that has not been publicly disclosed.