Phreesia (PHR) GC Allison Hoffman Receives 108,000 RSU Award

What Happened

• Allison C. Hoffman, General Counsel & Secretary of Phreesia, Inc. (PHR), was granted 108,000 restricted stock units (RSUs) on September 1, 2026. The Form 4 reports the acquisition at $0.00 (no cash paid at grant).
• The award is reported under transaction code "A" (grant/award). These RSUs represent the contingent right to receive one share of common stock per RSU, subject to vesting.

Key Details

• Transaction date: 2026-09-01; Filed on: 2026-09-03 (appears timely under standard 2-business-day Form 4 rules).
• Reported consideration: $0.00 (no cash exchanged at grant).
• Number of RSUs granted: 108,000 (potentially equal to 108,000 shares if all vest).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: RSUs issued under the 2019 Stock Option and Incentive Plan; vest in five substantially equal annual installments beginning September 1, 2027, contingent on continued service through each vesting date.

Context

• RSU grants are compensation awards, not open-market purchases or sales, and do not necessarily indicate immediate buying or selling sentiment. Value is realized only as RSUs vest (and any subsequent sale of shares).
• Because vesting is spread over five years and contingent on continued service, the award vests gradually rather than creating immediate equity ownership.