Phreesia (PHR) CFO Gandhi Balaji Receives RSU Award

What Happened

• Gandhi Balaji, Chief Financial Officer of Phreesia, was awarded 192,000 restricted stock units (RSUs) on 2026-09-01. The filing reports an acquisition at $0.00 per share (total reported value $0), reflecting a compensation grant rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-09-01; reported on Form 4 filed 2026-09-03.
• Transaction type/code: Award/Grant (Code A).
• Shares granted: 192,000 RSUs; reporting price: $0.00; reported dollar amount: $0.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: The RSUs are issued under the 2019 Stock Option & Incentive Plan. Each RSU vests into one share in five substantially equal annual installments beginning 2027-09-01, subject to continued service.
• No indication in the filing that shares were sold or that this was part of a 10b5‑1 plan or tax-withholding delivery.

Context

• RSUs are a form of equity compensation that convert to shares only as they vest; this grant does not represent an immediate market purchase or sale and does not immediately change available tradable shares.
• Such awards are common for executive compensation and align future pay with company performance and retention goals; they should not be read as a direct market sentiment signal.