Phreesia (PHR) President David Linetsky Receives RSU Award

What Happened

• David Linetsky, President, Network Solutions at Phreesia, was granted two awards on September 1, 2026: 192,000 restricted stock units (RSUs) and a separate grant of 10,000 RSUs. Both grants are reported at $0.00 per share (standard for compensation RSUs) and together total 202,000 RSU awards.
• These RSUs are awards (transaction code A) — not open-market purchases or sales — and represent the contingent right to receive one share of Phreesia common stock per RSU when and if the RSUs vest.

Key Details

• Transaction date: 2026-09-01; Filing date: 2026-09-03 (file appears timely).
• Awards: 192,000 RSUs (Reporting Person’s service-based vesting) and 10,000 RSUs (vesting conditioned on Reporting Person’s spouse’s continued service).
• Price per share reported: $0.00 (grant value recorded as zero in the Form 4; market value at grant not provided).
• Vesting: Both grants vest in five substantially equal annual installments beginning September 1, 2027, subject to continued service as described in the footnotes.
• Shares owned after the transaction: Not specified in the provided filing.
• Transaction code: A = Award/Grant.

Context

• RSUs are a form of equity compensation that convert into shares only upon vesting; they are not immediately marketable cash or shares. Vesting over five years is a retention-focused structure rather than an immediate liquidity event.
• The 10,000-RSU grant is tied to the spouse’s continued service (per the filing footnote) and is reported by Linetsky as the reporting person; such family-linked grants are reported when they are attributable to an insider’s household.
• Reporting shows an award rather than a sale or purchase; awards are common executive compensation and should be read as part of pay/retention, not necessarily as a directional signal about insider sentiment.