Phreesia (PHR) awards 45,000 RSUs to General Counsel & Secretary Hoffman
Rhea-AI Filing Summary
Phreesia, Inc. reported that its General Counsel & Secretary, Allison C. Hoffman, received an equity grant in the form of restricted stock units (RSUs). On 12/05/2025, she was awarded 45,000 RSUs of Phreesia common stock at a price of $0 per share under the Phreesia, Inc. 2019 Stock Option and Incentive Plan, increasing her directly held beneficial ownership to 180,737 shares.
The grant vests over four years based on continued service: 10% of the RSUs vest on December 5, 2026, 20% on December 5, 2027, 30% on December 5, 2028 and 40% on December 5, 2029. Each vested RSU will convert into one share of common stock, aligning a portion of the executive’s compensation with the company’s long-term performance. The award was approved by the Compensation Committee of the Board of Directors on October 1, 2025.
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FAQ
What equity award did Phreesia (PHR) grant to its General Counsel?
Phreesia granted its General Counsel & Secretary, Allison C. Hoffman, an award of 45,000 restricted stock units (RSUs) of Phreesia common stock under the company’s 2019 Stock Option and Incentive Plan.
How do the 45,000 RSUs granted to Phreesia (PHR) executive vest?
The 45,000 RSUs vest in four tranches based on continued service: 10% on December 5, 2026, 20% on December 5, 2027, 30% on December 5, 2028 and 40% on December 5, 2029.
What does each RSU represent in the Phreesia (PHR) Form 4 filing?
Each RSU represents a contingent right to receive one share of Phreesia’s common stock, delivered as the RSUs vest according to the stated schedule.
What is the reported ownership of the Phreesia (PHR) executive after this RSU grant?
Following the reported transaction, Allison C. Hoffman beneficially owns 180,737 shares of Phreesia common stock in direct ownership form.
Who approved the RSU grant disclosed for Phreesia (PHR)?
The RSU grant was approved by the Compensation Committee of the Board of Directors on October 1, 2025, and the transaction date reported is December 5, 2025.
Does the Phreesia (PHR) Form 4 involve a cash purchase of shares?
No cash purchase is involved; the Form 4 reports an award of 45,000 RSUs at $0 per share as part of equity-based compensation.