Phreesia, Inc. (NYSE: PHR) director takes fee as 377 deferred stock units
Rhea-AI Filing Summary
Goldstein Lainie reported acquisition or exercise transactions in this Form 4 filing.
Phreesia, Inc. director Lainie Goldstein received an equity-based director fee on July 31, 2026, through a grant of 377 deferred stock units tied to common stock at a reported price of $10.73 per share. The units were granted under Phreesia’s Non-Employee Director Deferred Compensation Program in lieu of a quarterly cash retainer, increasing her reported direct holdings to 70,862 shares. Under the program, the underlying common stock is issued 90 days after she leaves the board and has a qualifying separation from service under Section 409A.
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Insider Trade Summary
Net Buyer: 377 shares
Net Buy
1 txn
Insider
Goldstein Lainie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 377 | $10.73 | $4K |
Holdings After Transaction:
Common Stock — 70,862 shares (Direct)
Footnotes (1)
- F1. Granted as a result of director's election to receive deferred stock units ("DSUs") in lieu of an annual cash retainer pursuant to Phreesia, Inc.'s Non-Employee Director Deferred Compensation Program. The DSUs are awarded on the date such annual cash retainer would otherwise be payable (i.e., quarterly in arrears). Director shall receive underlying common stock 90 days after director ceases to serve as a member of the Board of Directors of the Issuer and incurs a "separation from service" within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder.
Key Figures
Shares granted: 377 shares
Grant price: $10.73 per share
Holdings after transaction: 70,862 shares
3 metrics
Shares granted
377 shares
Deferred stock unit-related common stock grant to director on July 31, 2026
Grant price
$10.73 per share
Recorded transaction price per share for the 377-share award
Holdings after transaction
70,862 shares
Director’s reported direct beneficial ownership following the grant
Key Terms
deferred stock units, Non-Employee Director Deferred Compensation Program, separation from service, Section 409A
4 terms
deferred stock units financial
"Granted as a result of director's election to receive deferred stock units"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Non-Employee Director Deferred Compensation Program financial
"pursuant to Phreesia, Inc.'s Non-Employee Director Deferred Compensation Program"
separation from service regulatory
"incurs a "separation from service" within the meaning of Section 409A"
Section 409A regulatory
"within the meaning of Section 409A of the Internal Revenue Code of 1986"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Phreesia (PHR) director Lainie Goldstein report?
Lainie Goldstein reported an award of 377 Phreesia common shares linked to deferred stock units on July 31, 2026. This grant reflects her choice to take a quarterly director cash retainer in equity instead, as part of Phreesia’s Non-Employee Director Deferred Compensation Program.
What was the reference price for Lainie Goldstein’s Phreesia (PHR) equity award?
The 377-share award to Lainie Goldstein was recorded at a per-share price of $10.73. This price is listed as the transaction price per share for the common stock tied to her deferred stock units, providing the valuation basis for the director fee paid in equity.
Why did Phreesia (PHR) grant deferred stock units instead of cash to Lainie Goldstein?
The shares were granted because Lainie Goldstein elected to receive deferred stock units in lieu of an annual cash director retainer. Under Phreesia’s Non-Employee Director Deferred Compensation Program, the DSUs replace cash fees and convert into common stock after she leaves the board and meets separation rules.
When will Lainie Goldstein receive the underlying Phreesia (PHR) common stock for these deferred stock units?
She will receive the underlying Phreesia common stock 90 days after she ceases to serve on the board and incurs a qualifying “separation from service.” This timing follows Section 409A of the Internal Revenue Code and the company’s Non-Employee Director Deferred Compensation Program terms.