Phreesia (PHR) executive opts for fully vested RSU bonus awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phreesia, Inc. executive David Linetsky reported the acquisition of fully vested Restricted Stock Units (RSUs) granted in lieu of cash bonuses. He received 17,786 shares of common stock on April 6, 2026 as compensation under the Senior Executive Cash Incentive Bonus Plan, based on a per share value of $9.15.
Following this grant, he directly holds 241,842 shares of common stock. An additional 2,209 RSUs, also fully vested and granted on the same terms, were awarded in lieu of 50% of his spouse’s cash bonus, bringing indirect holdings to 13,277 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Linetsky David
Role
President, Network Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,786 | $0.00 | -- |
| Grant/Award | Common Stock | 2,209 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 241,842 shares (Direct);
Common Stock — 13,277 shares (Indirect, By Spouse)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent awards received in lieu of 50% of the Reporting Person's cash bonus earned for 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 $9.15, the closing price of the Issuer's common stock on April 6, 2026. Represents RSUs that were fully vested as of the grant date. These RSUs represent awards received in lieu of 50% of the Reporting Person's spouse's cash bonus earned for the fiscal year ending January 31, 2026 under the Issuer's Senior Executive Cash Incentive Bonus Plan. The Reporting Person's spouse 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 $9.15, the closing price of the Issuer's common stock on April 6, 2026.
Key Figures
Direct RSU shares granted: 17,786 shares
Indirect RSU shares granted (spouse): 2,209 shares
RSU valuation price: $9.15 per share
+3 more
6 metrics
Direct RSU shares granted
17,786 shares
Fully vested RSUs granted April 6, 2026 in lieu of bonus
Indirect RSU shares granted (spouse)
2,209 shares
Fully vested RSUs granted April 6, 2026 in lieu of spouse’s bonus
RSU valuation price
$9.15 per share
Closing price of Phreesia common stock on April 6, 2026
Direct holdings after grant
241,842 shares
Total Phreesia common stock directly held after RSU award
Indirect holdings after grant
13,277 shares
Phreesia common stock held indirectly by spouse after RSU award
Bonus conversion rate
115% of cash bonus
RSUs represent 115% of 50% of earned cash bonus amount
Key Terms
Restricted Stock Units ("RSUs"), Senior Executive Cash Incentive Bonus Plan, indirect, grant/award acquisition
4 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Senior Executive Cash Incentive Bonus Plan financial
"earned for the fiscal year ending January 31, 2026 under the Issuer's Senior Executive Cash Incentive Bonus Plan."
indirect financial
""I", "nature_of_ownership": "By Spouse""
grant/award acquisition financial
""transaction_action": "grant/award acquisition""
FAQ
What did Phreesia (PHR) executive David Linetsky report on this Form 4?
David Linetsky reported acquiring fully vested RSUs converted into common stock as compensation. He received 17,786 shares on April 6, 2026 under Phreesia’s Senior Executive Cash Incentive Bonus Plan, reflecting an election to take part of his bonus in equity instead of cash.
How were the Phreesia (PHR) RSU grant amounts for David Linetsky determined?
The number of RSUs was based on converting 50% of the earned cash bonus into stock at 115% of the bonus amount. The per share value used was $9.15, equal to the closing price of Phreesia common stock on April 6, 2026.
What are David Linetsky’s reported Phreesia (PHR) holdings after these RSU grants?
After the compensation grants, he directly holds 241,842 Phreesia common shares. Indirectly, through his spouse, he reports ownership of 13,277 shares. The transactions reflect compensation awards rather than open-market purchases or sales of Phreesia stock.