Phreesia (NYSE: PHR) counsel sells shares under mandatory tax sell-to-cover
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phreesia, Inc. reported that its General Counsel & Secretary, Allison C. Hoffman, disposed of small blocks of common stock in mid‑January 2026. She sold 1,106 shares on January 15, 2026 at a weighted average price of $16.3795 per share and 3,995 shares on January 16, 2026 at a weighted average price of $16.3568 per share.
According to the footnotes, these sales were non‑discretionary transactions executed under the company’s mandatory sell‑to‑cover policy to satisfy tax withholding obligations arising from the settlement of restricted stock units. After the reported transactions, Hoffman beneficially owned 169,661 shares of Phreesia common stock, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,101 shares ($83,461)
Net Sell
2 txns
Insider
Hoffman Allison C
Role
General Counsel & Secretary
Sold
5,101 shs ($83K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,995 | $16.3568 | $65K |
| Sale | Common Stock | 1,106 | $16.3795 | $18K |
Holdings After Transaction:
Common Stock — 169,661 shares (Direct)
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.
FAQ
Who is the insider trading Phreesia (PHR) stock in this Form 4?
The insider is Allison C. Hoffman, who serves as Phreesia, Inc.'s General Counsel & Secretary and is an officer of the company.
At what prices were the Phreesia (PHR) insider sales executed?
The January 15, 2026 sale was at a weighted average price of $16.3795 per share, and the January 16, 2026 sale was at a weighted average price of $16.3568 per share.
Were the reported Phreesia (PHR) insider sale prices single trades or averages?
The filing notes that the reported prices are weighted average prices. The shares were sold in multiple transactions within price ranges from $16.185 to $16.49 per share on January 15 and from $16.14 to $16.495 per share on January 16.
Does the Phreesia (PHR) insider sale relate to restricted stock units (RSUs)?
Yes. The filing explains that the sales were made to satisfy tax withholding obligations in connection with the settlement of an award of restricted stock units.