Phreesia (NYSE: PHR) executive has 19,626 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phreesia, Inc. executive Evan Roberts, President, Provider Solutions, reported a routine compensation-related share withholding. On April 9, 2026, the company withheld 19,626 shares of common stock at $9.15 per share to cover tax obligations tied to restricted stock unit settlement, which the filing notes is not a sale by Roberts. After this tax-withholding disposition, he directly holds 842,501 shares of Phreesia common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Roberts Evan
Role
President, Provider Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 19,626 | $9.15 | $180K |
Holdings After Transaction:
Common Stock — 842,501 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 19,626 shares
Withholding price: $9.15 per share
Post-transaction holdings: 842,501 shares
+1 more
4 metrics
Tax-withheld shares
19,626 shares
Common stock withheld to satisfy tax obligations on RSU settlement
Withholding price
$9.15 per share
Price used for the 19,626 tax-withheld common shares
Post-transaction holdings
842,501 shares
Common shares directly held by Evan Roberts after the transaction
Tax-withholding shares (summary)
19,626 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition
3 terms
restricted stock units financial
"in connection with the settlement of restricted stock units and does not represent"
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.
tax withholding obligations financial
"shares withheld by the Issuer to satisfy tax withholding obligations in connection"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Phreesia (PHR) executive Evan Roberts report in this Form 4?
Evan Roberts reported a tax-withholding disposition of shares, not an open-market trade. Phreesia withheld 19,626 common shares to cover taxes on restricted stock unit settlement, while Roberts remained a large shareholder afterward.
Does Evan Roberts’ Form 4 for Phreesia (PHR) indicate a sale in the open market?
No, the Form 4 footnote states the shares were withheld by Phreesia to satisfy tax obligations on restricted stock units. It explicitly says this does not represent a sale by Evan Roberts in the open market.