Munson Gillian 4

What Happened Gillian Munson, a director of Phreesia, was granted 744 deferred stock units (DSUs) on 2026-01-30 at an implied value of $13.43 per share, totaling $9,992. This was an award under the company’s Non‑Employee Director Deferred Compensation Program (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-01-30; reported on Form 4 filed 2026-02-02 (timely filing).
• Grant: 744 DSUs at $13.43 per unit; total value ≈ $9,992.
• Shares owned after transaction: Not reported in the provided filing.
• Footnote: DSUs were elected in lieu of an annual cash retainer and are awarded quarterly in arrears under the Director Deferred Compensation Program.
• Delivery terms: Munson will receive underlying common stock on the earlier of (i) 90 days after ceasing Board service and incurring a "separation from service" under IRC §409A, or (ii) five years from the grant date.

Context DSUs are a form of deferred compensation that give the director a right to receive company shares later; they are routine for non‑employee directors and do not represent an immediate cash purchase or sale of stock. This award reflects compensation practices rather than a contemporaneous buy/sell decision.