Phreesia Board Member Shows Confidence with Major Stock Award Acceptance
Rhea-AI Filing Summary
Phreesia director Gillian Munson has been granted 6,700 Restricted Stock Units (RSUs) on June 25, 2025, with a value of $27.61 per unit. Following this transaction, Munson now beneficially owns 44,174 shares directly.
Key terms of the RSU grant:
- Vesting occurs at the earlier of June 25, 2026 or the next annual stockholders' meeting
- Director has elected to defer the grant under the Non-Employee Director Deferred Compensation Program
- Common stock will be received either 90 days after board service termination or 5 years from grant date
The RSUs were issued under the company's 2019 Stock Option and Incentive Plan, with each unit representing the right to receive one share of common stock. The filing was signed by Allison Hoffman as attorney-in-fact for Gillian Munson.
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Insider Trade Summary
Net Buyer: 6,700 shares
Net Buy
1 txn
Insider
Munson Gillian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,700 | $27.61 | $185K |
Holdings After Transaction:
Common Stock — 44,174 shares (Direct)
Footnotes (1)
- F1. The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Phreesia, Inc. 2019 Stock Option and Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock. The RSUs shall vest in full upon the earlier of (i) June 25, 2026 and (ii) the next annual meeting of the Issuer's stockholders. Director has elected to defer this grant pursuant to Phreesia, Inc.'s Non-Employee Director Deferred Compensation Program. Director shall receive underlying common stock on the earlier of (a) 90 days after director ceases to serve as a member of the Board of Directors of the Issuer and incurs 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 (b) five years from the date of grant of the deferred RSUs.
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FAQ
When will Gillian Munson's PHR RSUs vest?
The RSUs will vest in full upon the earlier of (i) June 25, 2026 or (ii) the next annual meeting of Phreesia's stockholders.
When will Gillian Munson receive the underlying PHR common stock for these RSUs?
Due to participation in Phreesia's Non-Employee Director Deferred Compensation Program, Munson will receive the underlying common stock on the earlier of: (a) 90 days after ceasing to serve as a Board member and separating from service, or (b) five years from the RSU grant date.
What is Gillian Munson's role at PHR?
Gillian Munson serves as a Director on Phreesia's Board of Directors, as indicated by the 'X' marked under the Director relationship field in the Form 4 filing.