Kessler Jon 4
Research Summary
AI-generated summary
Phreesia (PHR) Director Jon Kessler Receives RSU Award
What Happened
- Jon Kessler, a director of Phreesia, Inc. (PHR), was granted a total of 24,594 restricted stock units (RSUs) on April 6, 2026. The awards consist of 4,376 RSUs and 20,218 RSUs, each issued at $0.00 (no cash paid). These are equity awards (grant/award), not open-market purchases or sales.
Key Details
- Transaction date: April 6, 2026; Form 4 filed April 8, 2026 (appears timely, within the standard two-business-day window).
- Grants: 4,376 RSUs (@ $0.00) + 20,218 RSUs (@ $0.00) = 24,594 RSUs total.
- Shares owned after transaction: Not reported in the provided filing.
- Footnotes/vesting:
- The 4,376 RSUs vest in full upon the earlier of (i) April 6, 2027 or (ii) the next annual meeting of stockholders.
- The 20,218 RSUs vest in four substantially equal annual installments beginning on April 6, 2027.
- Transaction code: A = Award/Grant.
Context
- RSUs represent a contingent right to receive common stock upon vesting; no shares were exchanged on the open market and no immediate sale occurred. Director RSU grants are a common form of compensation and do not by themselves indicate a buy or sell signal.