CAHILL EDWARD L 4
4 · Phreesia, Inc. · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Phreesia (PHR) Director Edward L. Cahill Receives Award of 1,085 Shares
What Happened
Edward L. Cahill, a director of Phreesia, Inc. (PHR), was awarded 1,085 deferred stock units (DSUs) on April 30, 2026. The filing values the award at $9.21 per share, for a total reported value of $9,993. This was an award/grant as part of director compensation (not an open-market purchase or sale).
Key Details
- Transaction date and value: 2026-04-30; 1,085 shares @ $9.21 each; total $9,993.
- Transaction type: Award/Grant (DSUs) — code A.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: DSUs were granted because the director elected to receive deferred stock units instead of an annual cash retainer under the Non-Employee Director Deferred Compensation Program; DSUs are awarded on the date the cash retainer would otherwise be payable (quarterly in arrears).
- Settlement/vesting: Director will receive underlying common stock on the earlier of (i) 90 days after ceasing Board service and incurring a "separation from service" under Section 409A, or (ii) five years from the grant date.
- Filing timeliness: The Form 4 was filed 2026-05-04 for a 2026-04-30 transaction (filed 4 days after the transaction); Form 4s are typically required within two business days, so this appears later than the usual deadline.
Context
DSUs awarded in lieu of cash retainer are routine director compensation and do not represent an open-market purchase or sale that directly signals trading conviction. For retail investors, awards increase the director’s future potential ownership but are generally standard compensation practices rather than a clear bullish or bearish indicator.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-30$9.21/sh+1,085$9,993→ 65,613 total
Footnotes (1)
- [F1]Granted as a result of director's election to receive deferred stock units ("DSUs") in lieu of an annual cash retainer pursuant to Phreesia, Inc.'s Non-Employee Director Deferred Compensation Program. The DSUs are awarded on the date such annual cash retainer would otherwise be payable (i.e., quarterly in arrears). Director shall receive underlying common stock on the earlier of (i) 90 days after ceasing to serve as a member of the Board of Directors of the Issuer and incurring a "separation from service" within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder, or (ii) five years from the date of grant of the DSUs.