STOCK TITAN

[Form 4] Phreesia, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Chaim Indig, Chief Executive Officer and Director of Phreesia, Inc. (PHR), reported a non-derivative acquisition on 09/11/2025. The report shows 10,696 restricted stock units (RSUs) were granted and treated as acquired, representing awards in lieu of the CEO's cash bonus for the first half of the fiscal year ending January 31, 2026. The Reporting Person elected to convert the cash bonus into RSUs at 115% of the earned amount, using a per-share value of $25.48 (the closing share price on 09/11/2025). After the transaction the filing reports 1,262,099 shares directly beneficially owned and 255,000 shares indirectly held through the Indig Dynasty Trust. The RSU shares (net of tax-withholding sales) must be held until the earlier of the one-year anniversary of grant or a Sale Event. The Form 4 was signed by power of attorney on 09/15/2025.

Chaim Indig, Amministratore Delegato e Direttore di Phreesia, Inc. (PHR), ha riportato un'acquisizione non derivativa il 09/11/2025. Il rapporto mostra che sono stati concesse e trattate come acquisite 10.696 unità azionarie vincolate (RSU), rappresentanti premi in luogo del bonus in denaro del CEO per la prima metà dell'anno fiscale concluso il 31 gennaio 2026. Il soggetto Riportante ha scelto di convertire il bonus in denaro in RSU al 115% dell’importo guadagnato, utilizzando un valore azione di $25,48 (il prezzo di chiusura dell’azione il 09/11/2025). Dopo la transazione il deposito riporta 1.262.099 azioni direttamente beneficiarie e 255.000 azioni detenute indirettamente tramite l’Indig Dynasty Trust. Le azioni RSU (al netto delle vendite dovute a ritenute fiscali) devono essere detenute fino all’anticipo tra l’anniversario di un anno dalla concessione o un evento di vendita. Il modulo 4 è stato firmato per procura il 15/09/2025.

Chaim Indig, Director Ejecutivo y Director de Phreesia, Inc. (PHR), informó una adquisición no derivada el 09/11/2025. El informe muestra que se concedieron y trataron como adquiridas 10.696 unidades de stock restringidas (RSUs), que representan premios en lugar del bono en efectivo para el CEO durante la primera mitad del año fiscal que finaliza el 31 de enero de 2026. La Persona Reportante eligió convertir el bono en efectivo en RSUs al 115% del monto ganado, usando un valor por acción de $25,48 (el precio de cierre de la acción el 09/11/2025). Tras la operación, la presentación reporta 1.262.099 acciones directamente beneficiosas y 255.000 acciones indirectamente poseídas a través del Indig Dynasty Trust. Las acciones RSU (netas de ventas con retención de impuestos) deben mantenderse hasta el primero de los siguientes eventos: el aniversario de un año desde la concesión o un Evento de Venta. El Formulario 4 fue firmado por poder el 15/09/2025.

Chaim Indig, Phreesia, Inc.의 CEO 및 이사는 2025년 9월 11일 비파생적 취득을 보고했습니다. 보고서는 10,696주의 제한 주식 단위(RSU)가 부여되어 취득으로 간주되었으며, 2026년 1월 31일로 종료되는 회계연도 상반기의 CEO의 현금 보너스 대신 보상으로 지급된다는 것을 나타냅니다. 보고자는 현금 보너스를 얻은 금액의 115%에 해당하는 RSU로 전환하기로 선택했고, 주당 가치는 $25.48 (2025년 9월 11일 종가)입니다. 거래 후 신고서는 직접적으로 이익 보유 주식 1,262,099주간접적으로 보유한 255,000주를 Indig Dynasty Trust를 통해 보유하고 있다고 보고합니다. RSU 주식은 세금 원천징수 매각을 제외한 순매도 시점에 한하여, 수여일로부터 1주년의 이른 시점 또는 매각 이벤트 중 먼저 발생하는 시점까지 보유해야 합니다. Form 4는 2025년 9월 15일에 대리인 서명으로 제출되었습니다.

Chaim Indig, président-directeur général et administrateur de Phreesia, Inc. (PHR), a signalé une acquisition non dérivée le 11/09/2025. Le rapport indique que 10 696 unités d’actions restreintes (RSU) ont été accordées et traitées comme acquises, représentant des récompenses en lieu et place de la prime en espèces du PDG pour la première moitié de l’exercice clos le 31 janvier 2026. La personne déclarant a choisi de convertir la prime en espèces en RSU à 115 % du montant gagné, en utilisant une valeur par action de $25,48 (cours de clôture de l’action le 11/09/2025). Après la transaction, le dépôt indique 1 262 099 actions détenues directement et 255 000 actions détenues indirectement par le Indig Dynasty Trust. Les actions RSU (nettes des ventes retenues pour impôt) doivent être détenues jusqu’à la première survenance entre l’anniversaire d’un an à partir de l’attribution et un événement de vente. Le Formulaire 4 a été signé par procuration le 15/09/2025.

Chaim Indig, Chief Executive Officer und Director von Phreesia, Inc. (PHR), meldete am 09/11/2025 einen nicht ableitbaren Erwerb. Der Bericht zeigt, dass 10.696 Restricted Stock Units (RSUs) gewährt und als erworben gelten, was Prämien in bar für den CEO für die erste Hälfte des Geschäftsjahres bis zum 31. Januar 2026 entspricht. Die meldende Person wählte, die Barprämie in RSUs zu 115% des verdienten Betrags umzuwandeln, bei einem Aktienwert von $25,48 (Schlusskurs am 09/11/2025). Nach der Transaktion meldet die Einreichung 1.262.099 Aktien direkt vorteilhaft gehalten und 255.000 Aktien indirekt durch den Indig Dynasty Trust. Die RSU-Aktien (abzüglich Steuervorauszahlungen beim Verkauf) müssen bis zum frühesten Datum zwischen dem einjährigen Jubiläum der Gewährung oder einem Verkaufsereignis gehalten werden. Das Formular 4 wurde am 15/09/2025 durch Vollmacht unterschrieben.

تشايم إنديج، المدير التنفيذي والمدير في Phreesia, Inc. (PHR)، أبلغ عن استحواذ غير مشتق في 09/11/2025. يظهر التقرير أن 10,696 وحدة أسهم مقيدة (RSU) مُنحت وتُعامل كمكتسبة، تمثل جوائز عوضاً عن مكافأة نقدية للرئيس التنفيذي للنصف الأول من السنة المالية المنتهية في 31 يناير 2026. اختار الشخص المبلغ النقدي للتحويل إلى RSU عند 115% من المبلغ المكتسب، باستخدام قيمة السهم 25.48 دولار (سعر إغلاق السهم في 09/11/2025). بعد الصفقة، تفيد الوثيقة بأن هناك 1,262,099 سهماً مملوكة بشكل مباشر و 255,000 سهماً مملوكة بشكل غير مباشر من خلال Indig Dynasty Trust. يجب الاحتفاظ بأسهم RSU (بعد خصم الضرائب عند البيع) حتى أقرب حدث من بين ذكرى مرور سنة من المنحة أو حدث بيع. تم توقيع النموذج 4 بالوكالة في 15/09/2025.

Chaim Indig,Phreesia, Inc.(PHR)的首席执行官兼董事,已在2025年9月11日报告了非衍生性收购。 报告显示授予并视为获得的10,696份受限股票单位(RSU),代表在截至2026年1月31日的财政年度上半年的CEO现金奖金以奖赏形式替代。申报人选择将现金奖金按获得金额的115%转换为RSU,按每股25.48美元的价格(2025年9月11日收盘价)。交易后,备案显示直接受益拥有的股票1,262,099股,以及通过 Indig Dynasty Trust 间接持有的255,000股。RSU股票在扣除税收预扣的出售后,必须在授予一年周年日与出售事件之间的较早日期之前持有。Form 4 于2025年9月15日由授权代理签署。

Positive
  • CEO converted cash bonus into equity, receiving 10,696 RSUs which aligns management incentives with shareholders
  • Conversion premium of 115% increased the equity received compared with the cash bonus amount
  • Grant valuation disclosed using the closing share price of $25.48 on 09/11/2025 adds transparency
  • Substantial beneficial ownership reported: 1,262,099 shares direct plus 255,000 indirect in a family trust
Negative
  • None.

Insights

TL;DR: Routine executive equity compensation converted from cash bonus, with standard holding restriction.

The filing documents the CEO's election to receive a cash bonus as RSUs at a premium conversion factor of 115%, creating alignment with shareholders through equity ownership. The one-year holding condition is a common retention feature and limits immediate sale following vesting. The reported direct and indirect holdings remain large in absolute terms, consistent with executive-level ownership disclosures. This disclosure is standard, transparent, and does not by itself indicate governance concerns.

TL;DR: Small incremental share issuance from RSU grant; immaterial to outstanding float.

The grant of 10,696 RSUs, valued at $25.48 per share on the grant date, represents a modest issuance relative to the CEO's total reported beneficial ownership of 1.517 million shares (direct plus indirect). The conversion at 115% increases the effective equity received versus cash value. There is no derivative activity reported and no sale disclosed, so immediate dilution and market impact are likely minimal. This appears to be routine compensation administration rather than a material capital event.

Chaim Indig, Amministratore Delegato e Direttore di Phreesia, Inc. (PHR), ha riportato un'acquisizione non derivativa il 09/11/2025. Il rapporto mostra che sono stati concesse e trattate come acquisite 10.696 unità azionarie vincolate (RSU), rappresentanti premi in luogo del bonus in denaro del CEO per la prima metà dell'anno fiscale concluso il 31 gennaio 2026. Il soggetto Riportante ha scelto di convertire il bonus in denaro in RSU al 115% dell’importo guadagnato, utilizzando un valore azione di $25,48 (il prezzo di chiusura dell’azione il 09/11/2025). Dopo la transazione il deposito riporta 1.262.099 azioni direttamente beneficiarie e 255.000 azioni detenute indirettamente tramite l’Indig Dynasty Trust. Le azioni RSU (al netto delle vendite dovute a ritenute fiscali) devono essere detenute fino all’anticipo tra l’anniversario di un anno dalla concessione o un evento di vendita. Il modulo 4 è stato firmato per procura il 15/09/2025.

Chaim Indig, Director Ejecutivo y Director de Phreesia, Inc. (PHR), informó una adquisición no derivada el 09/11/2025. El informe muestra que se concedieron y trataron como adquiridas 10.696 unidades de stock restringidas (RSUs), que representan premios en lugar del bono en efectivo para el CEO durante la primera mitad del año fiscal que finaliza el 31 de enero de 2026. La Persona Reportante eligió convertir el bono en efectivo en RSUs al 115% del monto ganado, usando un valor por acción de $25,48 (el precio de cierre de la acción el 09/11/2025). Tras la operación, la presentación reporta 1.262.099 acciones directamente beneficiosas y 255.000 acciones indirectamente poseídas a través del Indig Dynasty Trust. Las acciones RSU (netas de ventas con retención de impuestos) deben mantenderse hasta el primero de los siguientes eventos: el aniversario de un año desde la concesión o un Evento de Venta. El Formulario 4 fue firmado por poder el 15/09/2025.

Chaim Indig, Phreesia, Inc.의 CEO 및 이사는 2025년 9월 11일 비파생적 취득을 보고했습니다. 보고서는 10,696주의 제한 주식 단위(RSU)가 부여되어 취득으로 간주되었으며, 2026년 1월 31일로 종료되는 회계연도 상반기의 CEO의 현금 보너스 대신 보상으로 지급된다는 것을 나타냅니다. 보고자는 현금 보너스를 얻은 금액의 115%에 해당하는 RSU로 전환하기로 선택했고, 주당 가치는 $25.48 (2025년 9월 11일 종가)입니다. 거래 후 신고서는 직접적으로 이익 보유 주식 1,262,099주간접적으로 보유한 255,000주를 Indig Dynasty Trust를 통해 보유하고 있다고 보고합니다. RSU 주식은 세금 원천징수 매각을 제외한 순매도 시점에 한하여, 수여일로부터 1주년의 이른 시점 또는 매각 이벤트 중 먼저 발생하는 시점까지 보유해야 합니다. Form 4는 2025년 9월 15일에 대리인 서명으로 제출되었습니다.

Chaim Indig, président-directeur général et administrateur de Phreesia, Inc. (PHR), a signalé une acquisition non dérivée le 11/09/2025. Le rapport indique que 10 696 unités d’actions restreintes (RSU) ont été accordées et traitées comme acquises, représentant des récompenses en lieu et place de la prime en espèces du PDG pour la première moitié de l’exercice clos le 31 janvier 2026. La personne déclarant a choisi de convertir la prime en espèces en RSU à 115 % du montant gagné, en utilisant une valeur par action de $25,48 (cours de clôture de l’action le 11/09/2025). Après la transaction, le dépôt indique 1 262 099 actions détenues directement et 255 000 actions détenues indirectement par le Indig Dynasty Trust. Les actions RSU (nettes des ventes retenues pour impôt) doivent être détenues jusqu’à la première survenance entre l’anniversaire d’un an à partir de l’attribution et un événement de vente. Le Formulaire 4 a été signé par procuration le 15/09/2025.

Chaim Indig, Chief Executive Officer und Director von Phreesia, Inc. (PHR), meldete am 09/11/2025 einen nicht ableitbaren Erwerb. Der Bericht zeigt, dass 10.696 Restricted Stock Units (RSUs) gewährt und als erworben gelten, was Prämien in bar für den CEO für die erste Hälfte des Geschäftsjahres bis zum 31. Januar 2026 entspricht. Die meldende Person wählte, die Barprämie in RSUs zu 115% des verdienten Betrags umzuwandeln, bei einem Aktienwert von $25,48 (Schlusskurs am 09/11/2025). Nach der Transaktion meldet die Einreichung 1.262.099 Aktien direkt vorteilhaft gehalten und 255.000 Aktien indirekt durch den Indig Dynasty Trust. Die RSU-Aktien (abzüglich Steuervorauszahlungen beim Verkauf) müssen bis zum frühesten Datum zwischen dem einjährigen Jubiläum der Gewährung oder einem Verkaufsereignis gehalten werden. Das Formular 4 wurde am 15/09/2025 durch Vollmacht unterschrieben.

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*
Indig Chaim

(Last) (First) (Middle)
C/O PHREESIA
1521 CONCORD PIKE, SUITE 301 PMB 221

(Street)
WILMINGTON DE 19803

(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/11/2025 A 10,696 A (1) 1,262,099 D
Common Stock 255,000 I Indig Dynasty Trust(2)
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. Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent awards received in lieu of the Reporting Person's cash bonus earned for the first half of the fiscal year ending January 31, 2026 under the Issuer's Senior Executive Cash Incentive Bonus Plan. The Reporting Person elected to convert such cash bonus into RSUs representing 115% of the earned cash bonus amount. The number of RSUs granted is based on a per share value of $25.48, the closing price of the Issuer's common stock on September 11, 2025. The shares underlying these RSUs (excluding shares that are sold in non-discretionary transactions to cover taxes) must be held by the Reporting Person until the earlier of (i) the one-year anniversary of the grant date or (ii) a Sale Event (as defined in the Issuer's 2019 Stock Option and Incentive Plan).
2. 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.
/s/ Allison Hoffman by Power of Attorney for Chaim Indig 09/15/2025
** 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.

FAQ

What did Phreesia CEO Chaim Indig acquire on Form 4 (PHR)?

The CEO acquired 10,696 restricted stock units (RSUs) reported as of 09/11/2025.

How were the RSUs for Chaim Indig funded or calculated?

The RSUs were issued in lieu of a cash bonus for H1 of fiscal 2026; the Reporting Person elected conversion at 115% of the earned cash bonus, priced at $25.48 per share.

What total shares does Chaim Indig beneficially own after the reported transaction?

The filing reports 1,262,099 shares directly beneficially owned and 255,000 shares indirectly held by the Indig Dynasty Trust.

Are there any restrictions on the RSU shares received by Chaim Indig?

Yes. Except for shares sold non-discretionarily to cover taxes, the RSU shares must be held until the earlier of the one-year anniversary of grant or a Sale Event.

When was the Form 4 signed and by whom?

The Form 4 was signed on 09/15/2025 by Allison Hoffman by power of attorney for Chaim Indig.
Phreesia

NYSE:PHR

PHR Rankings

PHR Latest News

PHR Latest SEC Filings

PHR Stock Data

1.40B
57.18M
4.19%
99.86%
4.91%
Health Information Services
Services-business Services, Nec
Link
United States
WILMINGTON