Phreesia president takes 8,816 RSUs in bonus swap
Rhea-AI Filing Summary
Phreesia, Inc. (PHR) reported that David Linetsky, President, Network Solutions, acquired a total of 8,816 shares of common stock on September 14, 2026 through fully vested Restricted Stock Units (RSUs), consisting of 8,113 RSUs held directly and 703 RSUs held indirectly through his spouse, all received in lieu of portions of cash bonuses.
Positive
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Insider Trade Summary
Grant/Award: 8,816 shares
Grant/Award
2 txns
Insider
Linetsky David
Role
President, Network Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 8,113 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 703 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 424,169 shares (Direct);
Common Stock — 22,586 shares (Indirect, By Spouse)
Footnotes (2)
- F1. Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent awards received in lieu of 50% of the Reporting Person's cash bonus earned for the first half of the fiscal year ending January 31, 2027 under the Issuer's Senior Executive Cash Incentive Bonus Plan. The Reporting Person elected to convert such cash bonus into RSUs representing 115% of the earned cash bonus amount. The number of RSUs granted is based on a per share value of $10.42, the closing price of the Issuer's common stock on September 14, 2026.
- F2. Represents RSUs that were fully vested as of the grant date. These RSUs represent awards received in lieu of 25% of the Reporting Person's spouse's cash bonus earned for the first half of the fiscal year ending January 31, 2027 under the Issuer's Senior Executive Cash Incentive Bonus Plan. The Reporting Person's spouse elected to convert such cash bonus into RSUs representing 115% of the earned cash bonus amount. The number of RSUs granted is based on a per share value of $10.42, the closing price of the Issuer's common stock on September 14, 2026.
Key Figures
RSUs granted to executive: 8,113 shares
RSUs granted to spouse: 703 shares
Direct holdings after transaction: 424,169 shares
+3 more
6 metrics
RSUs granted to executive
8,113 shares
Fully vested RSUs granted on September 14, 2026 in lieu of 50% of cash bonus
RSUs granted to spouse
703 shares
Fully vested RSUs granted on September 14, 2026 in lieu of 25% of spouse’s cash bonus
Direct holdings after transaction
424,169 shares
David Linetsky’s direct Phreesia common stock holdings following the RSU grants
Indirect holdings after transaction
22,586 shares
Phreesia common stock held indirectly through spouse after the RSU grants
Per share value for RSUs
$10.42 per share
Closing price of Phreesia common stock on September 14, 2026 used to determine RSU quantities
RSU multiple of earned bonus
115%
RSUs represent 115% of the earned cash bonus amount converted into stock
Key Terms
Restricted Stock Units ("RSUs"), Senior Executive Cash Incentive Bonus Plan, closing price
3 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date."
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.
Senior Executive Cash Incentive Bonus Plan financial
"earned for the first half of the fiscal year ending January 31, 2027 under the Issuer's Senior Executive Cash Incentive Bonus Plan."
closing price financial
"based on a per share value of $10.42, the closing price of the Issuer's common stock on September 14, 2026."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Phreesia (PHR) disclose for David Linetsky?
On September 14, 2026, David Linetsky reported acquiring 8,113 RSUs of Phreesia common stock directly and 703 RSUs indirectly through his spouse, all fully vested as of the grant date and received in lieu of portions of cash bonuses under a senior executive incentive plan.
What was the basis for valuing the RSUs granted to the Phreesia (PHR) executive and spouse?
The RSUs were valued using a $10.42 per share reference, the closing price of Phreesia’s common stock on September 14, 2026, and represent 115% of the earned cash bonus amounts that were converted into stock-based awards.
Were the Phreesia (PHR) RSU awards to David Linetsky immediately vested?
Yes. The filing states that both RSU awards to David Linetsky and his spouse were fully vested as of the grant date, meaning the shares were not subject to future service-based vesting conditions.
Were these Phreesia (PHR) insider transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, and the footnotes describe the RSU awards as grants in lieu of cash bonuses, with no reference to a Rule 10b5-1 trading plan.
What portion of bonuses did the Phreesia (PHR) RSUs replace for the executive and spouse?
For David Linetsky, the RSUs represent 50% of his cash bonus for the first half of the fiscal year ending January 31, 2027. For his spouse, the RSUs represent 25% of her cash bonus for the same period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
