Phreesia (NYSE: PHR) CEO reports small mandatory sell-to-cover sale
Rhea-AI Filing Summary
Phreesia, Inc. insider activity: Chief Executive Officer and director Chaim Indig reported sales of Phreesia common stock on January 15 and 16, 2026. On January 15, he sold 3,038 shares at a weighted average price of $16.3795 per share, and on January 16 he sold 9,595 shares at a weighted average price of $16.3568 per share. According to the disclosure, these sales were non‑discretionary and made under the company’s mandatory sell‑to‑cover policy to satisfy tax withholding obligations arising from the settlement of restricted stock units.
After these transactions, Indig beneficially owned 1,361,535 shares of Phreesia common stock directly. In addition, 255,000 shares are reported as indirectly owned through the Indig Dynasty Trust, a family trust for which his sister‑in‑law serves as investment and distribution advisor and whose sole beneficiaries are members of his immediate family.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,595 | $16.3568 | $157K |
| Sale | Common Stock | 3,038 | $16.3795 | $50K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These shares were disposed of in non-discretionary transactions pursuant to the Issuer's mandatory sell-to-cover policy to cover the holder's tax withholding obligations in connection with the settlement of an award of restricted stock units. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.185 to $16.49 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.14 to $16.495 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. These shares are held by a family trust of which the reporting person's sister-in-law is the investment advisor and distribution advisor. Members of the reporting person's immediate family are the sole beneficiaries of such trust.