Linetsky David 4
Research Summary
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Phreesia (PHR) President David Linetsky Receives RSU Award
What Happened
David Linetsky, President, Network Solutions at Phreesia, reported a grant (code A) of 1,500 restricted stock units (RSUs) on 2025-07-15. The grant was reported at $26.73 per share, a notional value of $40,095. The RSUs were issued to the Reporting Person’s spouse and each RSU represents the contingent right to receive one share of Phreesia common stock upon vesting.
Key Details
- Transaction date and price: 2025-07-15; 1,500 RSUs at $26.73 each (total $40,095).
- Vesting schedule (footnote F1): 10% vests 7/15/2026, 20% vests 7/15/2027, 30% vests 7/15/2028, 40% vests 7/15/2029, subject to continued service.
- Award recipient: Issued to the Reporting Person’s spouse (indirect holdings).
- Filing date: Form 4 filed 2026-02-17 — the report was filed roughly seven months after the transaction date, so it appears late relative to the usual two-business-day Form 4 deadline.
- Correction note (footnote F2): The filing corrects a prior Form 4 (Sept 18, 2025) to fix a misclassification of 114 shares related to a spouse sale on 9/16/2025 (direct vs indirect ownership).
Context
- This was an equity award (RSUs), not an open-market purchase or sale; awards are compensation-related and do not directly indicate buying or selling sentiment.
- RSUs convert to common shares only as they vest; until vesting they are contingent rights.
- The late filing may limit timely transparency for investors; the filing includes a correction to prior reported holdings.