Phreesia (PHR) Principal Accounting Officer has shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phreesia, Inc. Principal Accounting Officer Yvonne Hui reported a routine tax-related share disposition. On settlement of restricted stock units, 5,438 shares of common stock were withheld by the company at $9.15 per share to cover tax withholding obligations.
The filing explicitly states this withholding does not represent an open-market sale by Hui. After this transaction, Hui directly holds 37,364 shares of Phreesia common stock, indicating the event is compensation- and tax-driven rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hui Yvonne
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,438 | $9.15 | $50K |
Holdings After Transaction:
Common Stock — 37,364 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 5,438 shares
Per-share value for withholding: $9.15 per share
Shares held after transaction: 37,364 shares
+1 more
4 metrics
Shares withheld for taxes
5,438 shares
Withheld to satisfy tax obligations on RSU settlement
Per-share value for withholding
$9.15 per share
Valuation used for 5,438 withheld shares
Shares held after transaction
37,364 shares
Direct holdings following tax-withholding disposition
Tax-withholding shares summary
5,438 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted stock units, tax withholding obligations, Principal Accounting Officer, tax-withholding disposition
4 terms
restricted stock units financial
"in connection with the settlement of restricted stock units and does not represent"
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"
Principal Accounting Officer financial
"officer_title": "Principal Accounting Officer""
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Phreesia (PHR) report for Yvonne Hui?
Phreesia reported that Principal Accounting Officer Yvonne Hui had 5,438 common shares withheld to cover tax obligations on restricted stock unit settlement. This was a tax-withholding disposition, not an open-market trade, and reflects routine handling of equity compensation.
Was the Phreesia (PHR) Form 4 transaction an actual stock sale by Yvonne Hui?
No, the Form 4 states the 5,438 shares were withheld by Phreesia to satisfy tax withholding obligations. It explicitly notes this does not represent a sale by Hui, but rather shares retained by the company in connection with equity compensation.
What role does Yvonne Hui hold at Phreesia (PHR) in this Form 4 filing?
In the Form 4, Yvonne Hui is identified as an officer of Phreesia, serving as Principal Accounting Officer. Her reported transaction relates to equity compensation and tax withholding, which are typical for senior finance and accounting executives receiving stock-based awards.