Phreesia (NYSE: PHR) CEO Chaim Indig receives 130,000 RSU grant with 4-year vesting
Rhea-AI Filing Summary
Phreesia, Inc. (PHR) CEO and director Chaim Indig reported a new equity award of 130,000 restricted stock units (RSUs). The grant was made on December 5, 2025 under the Phreesia, Inc. 2019 Stock Option and Incentive Plan at a price of $0 per unit, reflecting a standard stock-based compensation award rather than a market purchase.
Each RSU represents a contingent right to receive one share of Phreesia common stock. The RSUs vest over four years, with 10% vesting on December 5, 2026, 20% on December 5, 2027, 30% on December 5, 2028, and 40% on December 5, 2029, conditioned on Indig’s continued service with the company through each vesting date. Following this award, he beneficially owns 1,382,608 shares directly and 255,000 shares indirectly through the Indig Dynasty Trust, whose beneficiaries are members of his immediate family.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 130,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (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 vest as follows: 10% of the RSUs shall vest on December 5, 2026, 20% of the RSUs shall vest on December 5, 2027, 30% of the RSUs shall vest on December 5, 2028 and 40% of the RSUs shall vest on December 5, 2029, subject to the Reporting Person's continued service to the Issuer through each vesting date. The grant of RSUs was approved by the Compensation Committee of the Board of Directors on October 1, 2025. These shares are held by a family trust of which the reporting person's sister-in-law is the investment advisor and distribution advisor. Members of the reporting person's immediate family are the sole beneficiaries of such trust.