Phreesia (PHR) director takes 685 deferred stock units over cash

Rhea-AI Filing Summary

Munson Gillian reported acquisition or exercise transactions in this Form 4 filing.

Phreesia, Inc. director Gillian Munson received an equity award equivalent to 685 shares of common stock on July 31, 2026 at a reported $10.73 per share, bringing her direct holdings to 66,789 shares. The award reflects her election to receive deferred stock units instead of a cash retainer, with shares delivered after board service ends or five years from grant, whichever occurs first.

Insider Trade Summary

Net Buyer: 685 shares

Net Buy 1 txn

Insider Munson Gillian

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	685	$10.73	$7K

Holdings After Transaction: Common Stock — 66,789 shares (Direct)

Footnotes (1)

1. F1. Granted as a result of director's election to receive deferred stock units ("DSUs") in lieu of an annual cash retainer pursuant to Phreesia, Inc.'s Non-Employee Director Deferred Compensation Program. The DSUs are awarded on the date such annual cash retainer would otherwise be payable (i.e., quarterly in arrears). Director shall receive underlying common stock on the earlier of (i) 90 days after ceasing to serve as a member of the Board of Directors of the Issuer and incurring a "separation from service" within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder, or (ii) five years from the date of grant of the DSUs.

Key Figures

Shares awarded: 685 shares Award reference price: $10.73 per share Holdings after transaction: 66,789 shares +2 more

5 metrics

Shares awarded 685 shares Equity grant tied to deferred stock units on 2026-07-31

Award reference price $10.73 per share Reported price per share for the grant

Holdings after transaction 66,789 shares Director’s direct common stock holdings following the award

Post-service share delivery window 90 days Shares deliverable 90 days after ceasing board service and separation from service

Maximum deferral period 5 years Underlying common stock delivered five years from DSU grant if earlier event has not occurred

Key Terms

deferred stock units, Non-Employee Director Deferred Compensation Program, separation from service, Section 409A of the Internal Revenue Code of 1986

4 terms

deferred stock units financial

"Granted as a result of director's election to receive deferred stock units ("DSUs")"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Non-Employee Director Deferred Compensation Program financial

"pursuant to Phreesia, Inc.'s Non-Employee Director Deferred Compensation Program"

separation from service regulatory

"after ceasing to serve as a member of the Board of Directors ... and incurring a "separation from service""

Section 409A of the Internal Revenue Code of 1986 regulatory

"within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 04:15 PM Accepted by SEC EDGAR 08/03/2026 - 04:14 PM Learn about SEC filing dates

FAQ

What insider transaction did Phreesia (PHR) director Gillian Munson report?

Gillian Munson reported an equity award equivalent to 685 shares of Phreesia common stock. The award was granted as deferred stock units in lieu of a cash director retainer and will settle in common shares at a later date.

How many Phreesia (PHR) shares does Gillian Munson hold after this award?

After the award, Gillian Munson directly holds 66,789 shares of Phreesia common stock. This figure includes the newly granted shares associated with her deferred stock unit election for director compensation.

What was the reported value per share for Gillian Munson’s Phreesia (PHR) award?

The equity award for Gillian Munson used a reported value of $10.73 per share. This price is the reference amount disclosed for the grant of shares tied to her deferred stock unit election.

Why did Gillian Munson receive deferred stock units in Phreesia (PHR)?

She received the grant because she elected to take deferred stock units (DSUs) instead of an annual cash retainer. This election is made under Phreesia’s Non-Employee Director Deferred Compensation Program for board members.

When will Gillian Munson receive Phreesia (PHR) common stock underlying her DSUs?

She will receive the underlying common stock on the earlier of 90 days after ceasing to serve on the board following a separation from service, or five years from the DSU grant date, according to the program terms.

Was Gillian Munson’s Phreesia (PHR) transaction a market purchase or sale?

The reported transaction was an equity award, not a market purchase or sale. It reflects a grant of shares tied to deferred stock units for director compensation rather than an open-market trade.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Munson Gillian

(Last) (First) (Middle)

C/O PHREESIA, INC.

1521 CONCORD PIKE, SUITE 301 PMB 221

(Street)

WILMINGTON DELAWARE 19803

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Phreesia, Inc. [ PHR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/31/2026		A		685(1)	A	$10.73	66,789	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Granted as a result of director's election to receive deferred stock units ("DSUs") in lieu of an annual cash retainer pursuant to Phreesia, Inc.'s Non-Employee Director Deferred Compensation Program. The DSUs are awarded on the date such annual cash retainer would otherwise be payable (i.e., quarterly in arrears). Director shall receive underlying common stock on the earlier of (i) 90 days after ceasing to serve as a member of the Board of Directors of the Issuer and incurring a "separation from service" within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder, or (ii) five years from the date of grant of the DSUs.

	/s/ Allison Hoffman as Attorney-in-Fact for Gillian Munson	08/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)