Phreesia CEO Indig Chaim Receives RSU Award

What Happened

• Indig Chaim, CEO of Phreesia, was granted 500,000 restricted stock units (RSUs) on 2026-09-01. The filing reports 500,000 shares at $0.00 (total reported value $0) as an award (transaction code A).
• These RSUs represent the contingent right to receive one share of Phreesia common stock per RSU; they are not an open-market purchase or sale and do not reflect an immediate cash transaction.

Key Details

• Transaction date: 2026-09-01; filing date (Accession): 2026-09-03 — appears to be filed timely.
• Grant: 500,000 RSUs @ $0.00 (reported value $0). Transaction type: Award/Grant (A).
• Vesting: RSUs vest in five substantially equal annual installments beginning September 1, 2027, subject to continued service (see footnote F1).
• Shares owned after transaction: Not specified in this filing.
• Related-party note: Footnote F2 indicates some shares are held by a family trust for which a sister‑in‑law is investment/distribution advisor and immediate family are sole beneficiaries.
• No sale, purchase, or option exercise occurred here — this is an equity compensation grant.

Context

• RSU grants are standard executive compensation and only convert to tradable shares as they vest; their eventual value depends on Phreesia’s future stock price. Such awards are different from purchases (which can be interpreted as bullish) or sales (which may suggest liquidity-taking).
• For retail investors, this is primarily a compensation event rather than an immediate insider buy/sell signal.