Phreesia (PHR) accounting officer sells 10,063 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phreesia, Inc. Principal Accounting Officer Yvonne Hui reported multiple transactions in the company’s common stock. On April 15 and 16, 2026, a total of 1,310 shares were withheld at prices of $8.56 and $9.17 to cover tax obligations on restricted stock unit settlements; these do not represent sales by her.
On April 16, 2026, she executed an open-market sale of 10,063 shares at $9.08 per share pursuant to a Rule 10b5-1 trading plan adopted on January 15, 2026. Following these transactions, Hui directly holds 25,991 shares of Phreesia common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,063 shares ($91,372)
Net Sell
3 txns
Insider
Hui Yvonne
Role
Principal Accounting Officer
Sold
10,063 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 996 | $9.17 | $9K |
| Sale | Common Stock | 10,063 | $9.08 | $91K |
| Tax Withholding | Common Stock | 314 | $8.56 | $3K |
Holdings After Transaction:
Common Stock — 36,054 shares (Direct)
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the settlement of restricted stock units and does not represent a sale by the Reporting Person. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 15, 2026.
Key Figures
Open-market sale shares: 10,063 shares
Sale price per share: $9.08/share
Tax-withheld shares total: 1,310 shares
+4 more
7 metrics
Open-market sale shares
10,063 shares
Common Stock sold on April 16, 2026
Sale price per share
$9.08/share
Open-market sale on April 16, 2026
Tax-withheld shares total
1,310 shares
Withheld to satisfy tax obligations on RSU settlements
Tax-withholding at $9.17
996 shares at $9.17/share
Withheld on April 16, 2026
Tax-withholding at $8.56
314 shares at $8.56/share
Withheld on April 15, 2026
Shares held after sale
25,991 shares
Direct ownership following April 16, 2026 sale
Rule 10b5-1 plan adoption date
January 15, 2026
Trading plan governing the April 16, 2026 sale
Key Terms
restricted stock units, Rule 10b5-1 trading plan, tax withholding obligations, open-market sale, +1 more
5 terms
restricted stock units financial
"in connection with the settlement of restricted stock units and does not"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations in connection"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Principal Accounting Officer financial
"officer_title": "Principal Accounting Officer""
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
FAQ
What did Phreesia (PHR) Principal Accounting Officer Yvonne Hui do in this Form 4?
Yvonne Hui reported an open-market sale of Phreesia common stock and tax-related share withholdings. She sold 10,063 shares at $9.08 each and had 1,310 shares withheld for taxes tied to restricted stock unit settlements, then held 25,991 shares directly.
What is the role of the Rule 10b5-1 trading plan in Yvonne Hui’s Phreesia (PHR) stock sale?
The open-market sale of 10,063 Phreesia shares was executed under a Rule 10b5-1 trading plan. The filing notes this plan was adopted on January 15, 2026, indicating the sale was pre-scheduled rather than timed at the insider’s sole discretion.
What do the tax-withholding transactions in the Phreesia (PHR) Form 4 represent?
The two F-coded transactions represent shares withheld by Phreesia to cover tax obligations on restricted stock unit settlements. They total 1,310 shares at prices of $8.56 and $9.17 and, per the footnote, do not constitute sales by Yvonne Hui.