Phreesia Board Member Shows Confidence with Major Stock Grant Acceptance
Rhea-AI Filing Summary
Form 4 filing reveals insider trading activity at Phreesia by Director Edward L. Cahill on June 25, 2025. The transaction details show:
- Acquisition of 6,700 Restricted Stock Units (RSUs) at $27.61 per unit
- Following the transaction, Cahill directly owns 62,973 shares of common stock
- The RSUs will fully vest on the earlier of June 25, 2026 or the next annual stockholder meeting
The RSUs were granted under Phreesia's 2019 Stock Option and Incentive Plan, representing the contingent right to receive an equivalent number of common shares upon vesting. The filing was executed by Allison Hoffman through Power of Attorney on June 27, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,700 shares
Net Buy
1 txn
Insider
CAHILL EDWARD L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,700 | $27.61 | $185K |
Holdings After Transaction:
Common Stock — 62,973 shares (Direct)
Footnotes (1)
- F1. The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued 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 shall vest in full upon the earlier of (i) June 25, 2026 and (ii) the next annual meeting of the Issuer's stockholders.
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FAQ
When will Edward Cahill's PHR RSUs vest?
The RSUs will vest in full upon the earlier of two dates: (i) June 25, 2026 or (ii) Phreesia's next annual meeting of stockholders.
What is Edward Cahill's role at Phreesia (PHR)?
Edward Cahill serves as a Director on Phreesia's Board of Directors, as indicated by the 'X' marked under the Director relationship field in the Form 4 filing.
Under which plan were the PHR RSUs granted to Edward Cahill?
The RSUs were issued under the Phreesia, Inc. 2019 Stock Option and Incentive Plan.