Phreesia (PHR) President David Linetsky Receives RSU Award

What Happened

• David Linetsky, President, Network Solutions at Phreesia (PHR), was granted and acquired a total of 19,995 restricted stock units (RSUs) on April 6, 2026. The grant is reported as two awards: 17,786 RSUs (his award) and 2,209 RSUs (related to his spouse). The awards were fully vested as of the grant date and are valued using the closing price of $9.15 per share, implying a combined value of about $182,954.

Key Details

• Transaction type: Award / Grant (Form 4 code: A) on 2026-04-06; filing dated 2026-04-08 (timely).
• Shares: 17,786 RSUs (Reporting Person) + 2,209 RSUs (spouse) = 19,995 RSUs.
• Valuation: $9.15 per share (closing price on 2026-04-06); total ≈ $182,954.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1 — 17,786 RSUs were issued in lieu of 50% of the Reporting Person’s cash bonus for fiscal year ended Jan 31, 2026; the Reporting Person elected to convert the cash bonus into RSUs representing 115% of the earned cash bonus.
  • F2 — 2,209 RSUs were issued in lieu of 50% of the Reporting Person’s spouse’s cash bonus for the same period; the spouse elected the same 115% RSU conversion.
• No indication of a 10b5-1 plan, sale, tax withholding, or late filing in this report.

Context

• This was an award/settlement of RSUs that were fully vested on the grant date (i.e., immediately vested acquisition), not an open-market purchase or sale. Awards received in lieu of cash bonuses are compensation actions and do not necessarily indicate a buy/sell signal by the insider.