Phreesia (NYSE: PHR) exec has 229 shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phreesia, Inc. executive David Linetsky reported routine equity compensation-related activity in company stock. The filing shows a tax-withholding disposition of 229 shares of common stock at $9.17 per share, withheld by the company to cover tax obligations on vested restricted stock units rather than sold in the market.
After these events, Linetsky holds 224,056 common shares directly and 12,134 common shares indirectly through his spouse, indicating that the filing primarily reflects ongoing compensation and tax management, not discretionary buying or selling.
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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 229 | $9.17 | $2K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,134 shares (Indirect, By Spouse);
Common Stock — 224,056 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 229 shares
Tax-withholding price: $9.17 per share
Direct holdings after transaction: 224,056 shares
+1 more
4 metrics
Tax-withheld shares
229 shares
Common Stock withheld to satisfy tax obligations on RSUs
Tax-withholding price
$9.17 per share
Value used for 229 withheld shares of Common Stock
Direct holdings after transaction
224,056 shares
Common Stock held directly by David Linetsky after 2026-04-16
Indirect holdings after transaction
12,134 shares
Common Stock held indirectly through spouse after 2026-04-16
Key Terms
restricted stock units, tax withholding obligations, Form 4, indirect ownership
4 terms
restricted stock units financial
"in connection with the settlement of restricted stock units and does not represent a sale"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares withheld by the Issuer to satisfy tax withholding obligations in connection with the settlement"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By Spouse""
FAQ
What insider activity did Phreesia (PHR) report for David Linetsky?
Phreesia reported that executive David Linetsky had 229 common shares withheld to cover tax obligations on vested restricted stock units. This is a routine compensation-related event and not an open-market purchase or sale of shares.
Does this Phreesia (PHR) Form 4 indicate insider selling by David Linetsky?
The filing does not show an open-market sale by David Linetsky. Instead, 229 shares were withheld by Phreesia to satisfy tax obligations on restricted stock units, a standard mechanism that reduces shares without reflecting a discretionary sale decision.
What does the tax-withholding disposition code F mean in the Phreesia (PHR) Form 4?
Code F in the Form 4 indicates shares were used to pay exercise price or tax liabilities. Here, 229 Phreesia shares were withheld to cover tax on restricted stock unit settlement, which the footnote clarifies is not a sale by the reporting person.