Phreesia SVP reports planned sale of 18,573 PHR shares at ~$30.37
Rhea-AI Filing Summary
Amy VanDuyn, SVP Human Resources of Phreesia, Inc. (PHR), reported a sale of common stock executed on 08/25/2025 under a pre-existing Rule 10b5-1 trading plan adopted January 10, 2025. The report shows 18,573 shares were disposed of at a weighted-average price of $30.3696 per share (sales occurred at prices ranging from $30.00 to $30.81). After the reported transactions, the filing indicates the reporting person beneficially owned 110,607 shares, held directly.
Positive
- Sale executed under a Rule 10b5-1 trading plan, indicating pre-arranged, compliant trading
- Price range disclosed ($30.00 to $30.81) and weighted-average price provided ($30.3696), supporting transparency
- Reporting of beneficial ownership after transaction (110,607 shares) clarifies remaining insider stake
Negative
- Reporting person disposed of 18,573 shares, reducing insider ownership
- Filing does not disclose per-trade breakdown without request (only a weighted average and range are provided)
Insights
TL;DR: Insider executed a planned sale under a 10b5-1 plan; transaction appears routine and provides liquidity.
The sale of 18,573 shares at a weighted-average price of $30.3696 was effected pursuant to a Rule 10b5-1 plan adopted on January 10, 2025, which indicates pre-arranged trading rather than an opportunistic market-timing decision. The filing shows 110,607 shares remained beneficially owned following the sales. From an analytic perspective, this is a compliance-driven disposition that provides clarity on timing and price range ($30.00–$30.81) for the trades.
TL;DR: Use of a documented 10b5-1 plan demonstrates adherence to insider-trading controls and disclosure obligations.
The reporting indicates the transaction was executed under a written 10b5-1 plan, which typically mitigates regulatory risk by establishing an affirmative defense. The filer disclosed the weighted-average sale price and the price range and committed to provide detailed per-price breakdowns on request, reflecting transparency. The report was signed by an authorized attorney-in-fact on behalf of the reporting person, consistent with filing procedures.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18,573 | $30.3696 | $564K |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 10, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.81 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.