Phreesia, Inc. (0001412408) Files SEC Form 144 – What You Need to Know
Phreesia, Inc. (0001412408) recently filed a Form 144 with the Securities and Exchange Commission (SEC), indicating that certain individuals related to the company are planning to sell shares. The filing of Form 144 is significant as it provides transparency to investors about potential insider selling activities, which can impact the stock price. Investors often monitor these filings to gauge the confidence levels of company insiders and to make informed decisions about their own investments.
Phreesia, Inc. is a healthcare technology company that offers a suite of solutions to streamline the patient intake process. Their platform allows healthcare providers to manage patient registration, verify insurance, and collect payments efficiently. With a focus on improving the patient experience and increasing operational efficiency for healthcare organizations, Phreesia has established itself as a leader in the industry. For more information about Phreesia, Inc., you can visit their website here.
Form 144 is filed with the SEC by holders of restricted securities who intend to sell them in the public market. It is required to be filed if the amount of securities to be sold exceeds 5,000 shares or $50,000 in any three-month period. The form provides details about the securities being sold, the relationship of the seller to the company, and the method of sale. By disclosing this information, the SEC aims to ensure transparency and protect investors from any potential market manipulation.
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Phreesia, Inc. SEC Filing 144: Key Updates Revealed