Indig Chaim 4

What Happened
Indig Chaim, CEO of Phreesia, reported that 33,008 shares were withheld to satisfy tax withholding obligations tied to the settlement of restricted stock units. The withholding was recorded at $9.15 per share, a total value of approximately $302,023. This was a tax-withholding/settlement action (not an open-market sale or purchase).

Key Details

• Transaction date: April 9, 2026; Form 4 filed April 13, 2026 (appears timely within SEC two-business-day window).
• Withheld shares: 33,008 at $9.15 per share; total value shown: $302,023.
• Shares disposed code: F (payment of exercise price or tax liability) — per footnote, these shares were withheld by the issuer to satisfy tax withholding and do not represent a sale by the reporting person.
• Footnote on other holdings: Some related shares are held by a family trust for which a family member serves as investment/distribution advisor; immediate family are sole beneficiaries.
• Shares owned after the transaction: not specified in the filing.

Context
This was a routine tax-withholding action that occurs when restricted stock units vest and taxes are due. Because shares were withheld by the company to cover taxes (not sold on the open market), this transaction should not be interpreted as a directional buy or sell signal by the CEO.