Phreesia (PHR) director Ramin Sayar awarded 19,290 RSUs of common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sayar Ramin reported acquisition or exercise transactions in this Form 4 filing.
Phreesia, Inc. director Ramin Sayar reported receiving a grant of 19,290 shares of common stock in the form of Restricted Stock Units under the company’s 2019 Stock Option and Incentive Plan. The grant is recorded at a reference price of $9.59 per share.
Each RSU represents the right to receive one share of common stock and will vest in full on the earlier of June 24, 2027 or the company’s next annual stockholder meeting. Following this award, Sayar is shown as holding 52,725 shares of Phreesia common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sayar Ramin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,290 | $9.59 | $185K |
Holdings After Transaction:
Common Stock — 52,725 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 19,290 shares
Grant reference price: $9.59 per share
Total shares after grant: 52,725 shares
+2 more
5 metrics
RSUs granted
19,290 shares
Restricted Stock Units of common stock granted to director
Grant reference price
$9.59 per share
Reported transaction price for RSU award
Total shares after grant
52,725 shares
Director’s direct holdings following the RSU award
RSU vesting date
June 24, 2027
Vests earlier of this date or next annual meeting
Form type
Form 4
Insider equity award disclosure for Phreesia, Inc.
Key Terms
Restricted Stock Units ("RSUs"), 2019 Stock Option and Incentive Plan, vest in full, contingent right
4 terms
Restricted Stock Units ("RSUs") financial
"The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the Phreesia, Inc. 2019 Stock Option and Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2019 Stock Option and Incentive Plan financial
"RSUs issued under the Phreesia, Inc. 2019 Stock Option and Incentive Plan."
vest in full financial
"The RSUs shall vest in full upon the earlier of (i) June 24, 2027 and (ii) the next annual meeting of the Issuer's stockholders."
contingent right financial
"Each RSU represents the contingent right to receive one share of the Issuer's common stock."
FAQ
What insider transaction did Phreesia (PHR) director Ramin Sayar report?
Director Ramin Sayar reported receiving 19,290 Restricted Stock Units of Phreesia common stock. These RSUs were granted under the 2019 Stock Option and Incentive Plan and are shown at a reference price of $9.59 per share in the Form 4 filing.
When do Ramin Sayar’s new Phreesia (PHR) RSUs vest?
The 19,290 Restricted Stock Units granted to Ramin Sayar vest in full on the earlier of June 24, 2027, or Phreesia’s next annual stockholder meeting. Vesting must occur before the RSUs convert into deliverable shares of common stock.
What type of security was granted in this Phreesia (PHR) Form 4 filing?
The filing reports a grant of Restricted Stock Units, each linked to one share of Phreesia common stock. RSUs are equity awards that convert into actual shares only upon satisfying vesting conditions, rather than immediate purchases on the open market.
Was the Phreesia (PHR) Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a grant of 19,290 Restricted Stock Units to director Ramin Sayar. This is a compensation-related equity award under the 2019 Stock Option and Incentive Plan, not an open-market purchase or sale of existing Phreesia shares.