Phreesia (PHR) President David Linetsky Receives RSU Awards

What Happened
David Linetsky, President, Network Solutions at Phreesia (PHR), was granted a total of 8,816 restricted stock units (RSUs) on September 14, 2026. The grants consist of 8,113 RSUs (F1) and 703 RSUs (F2). All RSUs were fully vested as of the grant date and were issued in lieu of cash bonuses; based on the closing share price of $10.42, the awards are worth roughly $91,863. These were awards (not open-market purchases or sales).

Key Details

• Transaction date: 2026-09-14; Form 4 filed 2026-09-16 (appears timely).
• Grants: 8,113 RSUs (F1) + 703 RSUs (F2) = 8,816 RSUs total. Price per share used for valuation: $10.42.
• Reported value: ~ $91,863 (8,816 × $10.42).
• Shares owned after transaction: Not specified in this filing.
• Footnotes:
  • F1: 8,113 RSUs represent conversion of 50% of Linetsky's cash bonus for the first half of the fiscal year, converted into RSUs at 115% of the earned cash bonus. RSUs were fully vested on grant.
  • F2: 703 RSUs represent conversion of 25% of the Reporting Person’s spouse’s cash bonus for the same period, also converted at 115% and fully vested.
• Transaction code: A = Award/Grant (no sale or purchase code). No 10b5-1 plan or tax-withholding sale noted.

Context
These RSUs were compensation-related awards received in lieu of cash bonuses and were fully vested at grant, so they reflect pay elections rather than a market purchase or sale signal. For retail investors, compensation grants can dilute share count over time but do not directly indicate the insider buying or selling shares.