Phreesia (PHR) Director Lisa Egbuonu-Davis Sells 536 Shares

What Happened Lisa Egbuonu-Davis, a director of Phreesia, Inc. (PHR), reported the sale of 536 shares on July 14, 2026. The shares were disposed at $10.70 each, for total proceeds of $5,735. This was a sale (not a purchase) and is generally seen as routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date: July 14, 2026
• Transaction type/code: Sale (S) — reported as open market or private sale
• Price and quantity: 536 shares at $10.70 per share; proceeds $5,735
• Footnote: Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2025 (per filing)
• Shares owned after transaction: not disclosed in the provided filing details
• Filing timeliness: Form 4 filed July 16, 2026 (no late filing indicated based on provided dates)

Context A 10b5-1 plan lets insiders execute pre-arranged trades even if they later have material nonpublic information; such trades are typically considered routine. Sales do not necessarily indicate negative views about the company; retail investors often weigh purchases more heavily as signals of insider confidence.