Kessler Jon 4

What Happened

• Jon Kessler, a director of Phreesia, Inc. (PHR), was granted 19,290 Restricted Stock Units (RSUs) on June 24, 2026. The filing lists a grant valuation based on $9.59 per share, totaling $184,991. This transaction is an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-24; 19,290 RSUs valued at $9.59 each (total ~$184,991).
• Shares owned after transaction: Not specified in the filing.
• Grant type & vesting (Footnote F1): RSUs issued under the Phreesia, Inc. 2019 Stock Option and Incentive Plan; each RSU converts to one share and vests in full upon the earlier of (i) June 24, 2027 or (ii) the next annual meeting of stockholders.
• Filing timeliness: Reported on 2026-06-26 for a 2026-06-24 transaction — appears timely (Form 4 due within two business days).

Context

• RSU grants are compensation awards that vest over time and do not represent immediate cash sales or purchases; they typically indicate company compensation to insiders rather than an immediate trading signal. This award increases potential future equity if and when the RSUs vest and convert to shares.