Phreesia (NYSE: PHR) exec reports 1,500 RSUs granted to spouse
Rhea-AI Filing Summary
Linetsky David reported acquisition or exercise transactions in this Form 4 filing.
Phreesia executive David Linetsky, President of Network Solutions, reported an award of 1,500 restricted stock units to his spouse on July 15, 2025 at a reference price of $26.73 per share. The RSUs were granted under Phreesia’s 2019 Stock Option and Incentive Plan.
Each RSU represents the right to receive one share of Phreesia common stock, vesting 10% on July 15, 2026, 20% on July 15, 2027, 30% on July 15, 2028, and 40% on July 15, 2029, subject to Linetsky’s continued service. Following this grant, filings show 11,175 shares held indirectly via his spouse and 224,056 shares held directly. The filing also corrects a prior Form 4 by reclassifying 114 shares between direct and indirect ownership with no net change in total holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,500 | $26.73 | $40K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The shares reported in this transaction represent restricted stock units ("RSUs") issued to the Reporting Person's spouse 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 July 15, 2026, 20% of the RSUs shall vest on July 15, 2027, 30% of the RSUs shall vest on July 15, 2028 and 40% of the RSUs shall vest on July 15, 2029, subject to the Reporting Person's continued service to the Issuer through each vesting date. The total in Column 5 has been adjusted to correct an understatement of direct holdings by 114 shares and an overstatement of indirect holdings by 114 shares, first reflected in a Form 4 filed September 18, 2025. A sale of 114 shares by the Reporting Person's spouse on September 16, 2025 was timely reported but inadvertently reported the form of ownership as direct rather than indirect.