Phreesia (NYSE: PHR) CEO Chaim Indig Logs Mandatory 8,440-Share Tax Sell
Rhea-AI Filing Summary
Phreesia, Inc.'s Chief Executive Officer and director Chaim Indig reported an automatic sale of company stock. On 01/08/2026, 8,440 shares of Phreesia common stock were sold at a weighted average price of $17.0071 per share, in multiple trades between $16.81 and $17.56. The filing explains that these were non-discretionary transactions under the company’s mandatory sell-to-cover policy, used to satisfy tax withholding obligations tied to the settlement of restricted stock units, rather than an open-market decision to reduce ownership.
Following this activity, Indig directly holds 1,374,168 shares of Phreesia common stock. In addition, 255,000 shares are held indirectly through the Indig Dynasty Trust, a family trust for the benefit of members of his immediate family.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,440 | $17.0071 | $144K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These shares were disposed of in non-discretionary transactions pursuant to the Issuer's mandatory sell-to-cover policy to cover the holder's tax withholding obligations in connection with the settlement of an award of restricted stock units. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.81 to $17.56 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares are held by a family trust of which the reporting person's sister-in-law is the investment advisor and distribution advisor. Members of the reporting person's immediate family are the sole beneficiaries of such trust.