While the dollar volume is not large enough to signal alarm, the coordination of sales among multiple C-suite executives at the same price suggests pre-planned 10b5-1 plans or shared negative sentiment. Traders should monitor for further selling, upcoming earnings, or corporate news that may have prompted this cluster.
Price Chart
Executive Summary
Two Phreesia executives — the General Counsel and President of Network Solutions — sold shares worth $184K in a coordinated transaction on April 10, 2026, at $8.07 per share. This open-market selling follows a separate sale and tax-related share surrender by the Principal Accounting Officer days later. The total insider selling over 7 days amounts to $275K, or 0.05% of market cap, indicating modest but notable insider outflow.
Key Financial Metrics
Key Facts
- General Counsel Allison C. Hoffman sold 14,500 shares for $117K on April 10, 2026.
- President David Linetsky sold 8,300 shares for $67K on the same day at identical price ($8.07).
- Principal Accounting Officer Yvonne Hui sold $91K in shares on April 16 and surrendered additional shares for tax withholding ($11.8K total).
- All open-market transactions occurred within a 7-day window, totaling $275K in insider selling.
- Total insider selling represents 0.05% of Phreesia’s $557M market cap — below the 0.1% threshold for materiality but concentrated among senior executives.
Financial Impact
$275,000 in insider selling over 7 days, all at or near $8.07/share
Risk Factors
- Potential perception of lack of confidence from top executives
- Risk of further insider selling if market conditions or fundamentals weaken
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PHR-1776459556658 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 4w ago | 8-K | $11.10 $10.07 | ▲ +9.28% | ▲ +8.09% | $10.36 (+6.67%) |
May 14, 2026 20w ago | DEFA14A | $8.77 $9.15 | ▲ +4.33% | ▲ +2.21% | $10.36 (+18.13%) |
Apr 10, 2026 25w ago | Insider Cluster | $8.06 $9.83 | ▼ −21.96% | ▼ −13.43% | $10.36 (−28.54%) |
Apr 10, 2026 25w ago | Insider Cluster | $8.06 $9.83 | ▼ −21.96% | ▼ −13.43% | $10.36 (−28.54%) |
Apr 3, 2026 26w ago | 8-K | $9.15 $9.67 | ▼ −5.68% | ▲ +3.30% | $10.36 (−13.22%) |
Mar 18, 2026 28w ago | Insider Cluster | $11.20 $9.17 | ▼ −18.13% | ▼ −24.17% | $10.36 (−7.50%) |
US Market Status
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