Phreesia general counsel Allison Hoffman disposes of $67k in stock

Allison C. Hoffman, Phreesia's General Counsel and Secretary, recently disposed of 6,662 shares of the company's common stock on September 21, 2026. The transaction, executed under a Rule 10b5-1 plan, occurred at a price of $10.08 per share, yielding a total of $67,152. The stock currently trades at $10.15, reflecting a 40% decline year-to-date and considerably below its 52-week high of $24.25.

Simultaneously, Phreesia withheld 7,401 shares on September 18 to meet tax withholding requirements, connected to the settlement of restricted stock units valued at $10.42 per share, amounting to $77,118. This withholding does not equate to a sale by Hoffman. Phreesia appears undervalued, with analysts forecasting profitability for the year.

In total, Hoffman still owns 266,574 shares of Phreesia common stock following the sale. Phreesia reported Q2 fiscal 2027 earnings with $129.5 million in revenue, surpassing the consensus estimate of $129.1 million. However, adjusted earnings per share were $0.03, falling short of the expected $0.09. Analysts have mixed opinions on Phreesia's performance and future prospects, with some downgrading the stock and others maintaining or raising their price targets.