[Form 4] Phreesia, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Director Ramin Sayar of Phreesia received a new equity grant of 6,700 Restricted Stock Units (RSUs) on June 25, 2025, with a value of $27.61 per share. Following this transaction, Sayar now beneficially owns 33,435 shares directly.

The RSUs were granted under Phreesia's 2019 Stock Option and Incentive Plan and will fully vest upon the earlier of June 25, 2026 or the next annual stockholders' meeting. Each RSU represents the right to receive one share of common stock upon vesting.

This Form 4 filing, signed by Allison Hoffman via Power of Attorney on June 27, 2025, reflects standard director compensation practices through equity-based awards, aligning the director's interests with those of shareholders.

Positive

• Director Ramin Sayar received 6,700 RSUs worth approximately $185,000 as part of standard board compensation, demonstrating continued alignment with shareholder interests

Negative

• None.

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
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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^*

Sayar Ramin

(Last) (First) (Middle)

C/O PHREESIA, INC.

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025

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	06/25/2025		A		6,700(1)	A	$27.61	33,435	D

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. 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.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Allison Hoffman by Power of Attorney for Ramin Sayar	06/27/2025
	** 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 PHR shares did director Ramin Sayar acquire on June 25, 2025?

Director Ramin Sayar acquired 6,700 Restricted Stock Units (RSUs) of PHR at a price of $27.61 per share on June 25, 2025.

When will Ramin Sayar'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.

How many PHR shares does Ramin Sayar own after the June 25, 2025 transaction?

Following the reported transaction, Ramin Sayar beneficially owns 33,435 shares of PHR common stock directly.

What position does Ramin Sayar hold at PHR?

Ramin Sayar serves as a Director on Phreesia's (PHR) Board of Directors, as indicated by the 'X' marked under the Director category in the filing.

Under which plan were the PHR RSUs granted to Ramin Sayar?

The RSUs were issued under the Phreesia, Inc. 2019 Stock Option and Incentive Plan.