[Form 4] Phreesia, Inc. Insider Trading Activity

Rhea-AI Filing Summary

McEwen Mining Inc. (MUX) – Form 4 insider filing reports transactions by Chief Operating Officer and Director William M. Shaver on 29 June 2025.

• Common shares acquired: 13,905 shares at an indicated value of $7.53 per share, plus 2,948 shares received at no cost, and 11,740 shares issued upon the conversion of vested restricted stock units (RSUs).
• Post-transaction ownership: 125,826 common shares held directly.
• Derivative activity: 35,220 RSUs granted; 11,740 RSUs converted to stock, leaving 23,480 RSUs outstanding.
• Source of shares: • 13,905 shares constitute stock paid in lieu of cash compensation for services rendered between 1 Apr 2023 and 31 Mar 2024.
  • RSUs vest in three equal instalments on 29 Jun 2025, 20 Dec 2025 and 29 Jun 2026.
• No dispositions or sales were reported; all transactions increased Shaver’s equity exposure to MUX.

The filing reflects routine compensation-related equity grants and vesting rather than open-market purchases. Nevertheless, the absence of stock sales and the net addition of equity signal continued alignment of the COO’s incentives with shareholders.

Positive

• Net increase in insider share ownership with no reported sales, indicating continued alignment with shareholders.
• 35,220 new RSUs granted extend long-term incentive horizon through mid-2026.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider added 14k shares and 35k new RSUs; routine comp, mildly positive signal, limited market impact.

Mr. Shaver’s Form 4 shows a net increase of 14,688 common shares (13,905 in lieu of cash plus 2,948 at zero cost, offset by RSU conversion mechanics) and the issuance of 35,220 new RSUs. Because the stock was not bought on the open market, the transactions primarily represent standard executive compensation and scheduled vesting. The COO now holds 125,826 shares plus 23,480 RSUs, modestly boosting his direct stake and maintaining incentive alignment. While insider purchases can be viewed favorably, the absence of cash outlay and the relatively small size versus McEwen’s total float temper the materiality. Overall, I classify the disclosure as neutral in impact.

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).

X

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^*

Linetsky David

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Network Solutions

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

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	06/27/2025		S(1)		23,729	D	$28.4966(2)	193,510	D
Common Stock								9,795	I	By Spouse

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. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 15, 2025.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.42 to $28.765 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Allison Hoffman by Power of Attorney for David Linetsky	07/01/2025
	** 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

How many McEwen Mining (MUX) shares does COO William Shaver now own?

He directly holds 125,826 common shares following the 29 June 2025 transactions.

What was the largest single stock acquisition reported in this Form 4?

Shaver received 13,905 common shares valued at $7.53 per share in lieu of cash compensation.

Were any McEwen Mining shares sold in this filing?

No. All reported transactions were acquisitions or conversions; there were no dispositions.

What is the vesting schedule for the new RSUs granted to Shaver?

The 35,220 RSUs vest in three equal parts on 29 Jun 2025, 20 Dec 2025, and 29 Jun 2026.

Does the Form 4 indicate open-market purchases by the insider?

No. The shares were granted as compensation or resulted from RSU vesting, not from open-market buying.