Munson Gillian 4

What Happened

• Gillian Munson, a director of Phreesia, was granted 19,290 Restricted Stock Units (RSUs) on 2026-06-24. The grant is reported at $9.59 per share, for a total reported value of $184,991. This is an equity award (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-06-24 at $9.59 per share (total $184,991).
• Shares owned after transaction: Not disclosed in the provided filing data.
• Vesting and plan: RSUs issued under the Phreesia, Inc. 2019 Stock Option and Incentive Plan; each RSU converts to one share. Vesting occurs in full on the earlier of (i) June 24, 2027 or (ii) the next annual meeting of stockholders.
• Deferral: The director elected to defer the grant under Phreesia’s Non‑Employee Director Deferred Compensation Program. Under that program, underlying common stock will be delivered on the earlier of (a) 90 days after the director’s qualifying separation from service or (b) five years from the grant date.
• Filing timeliness: Form 4 filed 2026-06-26 for a 2026-06-24 transaction — within the typical two-business-day reporting window.

Context

• RSU grants to directors are a common form of compensation and represent a future right to receive shares rather than an immediate purchase of stock. Because Munson deferred receipt of the underlying shares, she will not receive the common stock immediately; delivery is tied to separation or a multi‑year deferral. This award should be viewed as compensation rather than an active market bet by the insider.