Gandhi Balaji 4
4 · Phreesia, Inc. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Phreesia CFO Gandhi Balaji Withholds 25,382 Shares for Taxes
What Happened
Gandhi Balaji, Phreesia's Chief Financial Officer, had 25,382 shares withheld by the company to satisfy tax withholding obligations associated with the settlement of restricted stock units. The withholding was recorded at $9.15 per share, representing approximately $232,245 in value. This disposition is a tax-withholding event, not an open-market sale by the reporting person.
Key Details
- Transaction date: 2026-04-09
- Price used for withholding: $9.15 per share
- Shares withheld/disposed: 25,382; reported total value ≈ $232,245
- Shares owned after transaction: Not disclosed in the filing
- Footnote: F1 — Shares were withheld by the issuer to satisfy tax withholding for RSU settlement and do not represent a sale by the reporting person
- Filing: Form 4 filed 2026-04-13 (Accession 0001412408-26-000124)
Context
This was a routine tax-withholding in connection with RSU settlement (a common administrative action) rather than a purchase or an intentional open-market sale that signals sentiment. For retail investors, tax withholdings generally do not indicate management's view on the company's stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-09$9.15/sh−25,382$232,245→ 156,931 total
Footnotes (1)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the settlement of restricted stock units and does not represent a sale by the Reporting Person.