Capital International Investors discloses 4.7% Phreesia (PHR) stake

Rhea-AI Filing Summary

Phreesia, Inc. share ownership update: Capital International Investors has filed Amendment No. 1 to a Schedule 13G reporting beneficial ownership of 2,851,536 shares of Phreesia common stock, representing 4.7% of the class as of the event date.

The filer reports sole voting and sole dispositive power over all 2,851,536 shares and no shared power. The filing notes that Capital International Investors is a division of several affiliated investment management entities operating under that name and that the shares are held in the ordinary course of business, not to change or influence control of Phreesia.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Phreesia, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

71944F106

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 71944F106

1

Names of Reporting Persons

Capital International Investors

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,851,536.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,851,536.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,851,536.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.7 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Phreesia, Inc.
(b)	Address of issuer's principal executive offices: 1521 CONCORD PIKE, SUITE 301 PMB 221, WILMINGTON, DE 19803
Item 2.
(a)	Name of person filing: Capital International Investors
(b)	Address or principal business office or, if none, residence: 333 South Hope Street, 55th Fl, Los Angeles, CA 90071
(c)	Citizenship: N/A
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 71944F106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,851,536 ** **Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 2,851,536 shares or 4.7% of the 60,287,003 shares believed to be outstanding.
(b)	Percent of class: 4.7 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,851,536
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,851,536
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital International Investors

Signature:	Jae Won Chung
Name/Title:	Vice President and Senior Counsel II, Capital Research and Management Company
Date:	02/12/2026

FAQ

What ownership stake in Phreesia (PHR) does Capital International Investors report?

Capital International Investors reports beneficial ownership of 2,851,536 Phreesia common shares, equal to 4.7% of the outstanding class. The firm also reports sole voting and sole dispositive power over all of these shares, with no shared authority reported.

What type of SEC filing did Capital International Investors submit for Phreesia (PHR)?

Capital International Investors submitted a Schedule 13G/A Amendment No. 1 for Phreesia, Inc. This filing is used to report beneficial ownership of more than 5% or, in this case, an ownership level now reported at 4.7% of the company’s common stock.

Who is the reporting person in the Phreesia (PHR) Schedule 13G/A filing?

The reporting person is Capital International Investors, a division of Capital Research and Management Company and its affiliated investment management entities. These entities collectively provide investment management services under the Capital International Investors name and are deemed beneficial owners of the reported shares.

How much voting and dispositive power does Capital International Investors have over Phreesia (PHR) shares?

Capital International Investors reports sole voting power over 2,851,536 shares and sole dispositive power over the same amount, with zero shared voting or shared dispositive power. This means it alone decides how these shares are voted and whether they are sold or held.

What does the Phreesia (PHR) filing say about Capital International Investors’ intentions?

The filing certifies that the Phreesia shares were acquired and are held in the ordinary course of business. It states they were not acquired and are not held for the purpose of changing or influencing control of Phreesia or in connection with any such transaction.

When was the ownership event reported for Phreesia (PHR) in this Schedule 13G/A?

The Schedule 13G/A identifies December 31, 2025 as the date of the event requiring the filing. The certification and signature by a Capital Research and Management Company vice president are dated in February 2026, reflecting when the statement was formally executed.