Phreesia Inc. Stockholders Elect Directors, Approve Compensation & Auditors
Ticker: PHR · Form: 8-K · Filed: Jun 27, 2024 · CIK: 1412408
| Field | Detail |
|---|---|
| Company | Phreesia, INC. (PHR) |
| Form Type | 8-K |
| Filed Date | Jun 27, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-meeting, corporate-governance, auditor-ratification
Related Tickers: PHR
TL;DR
Phreesia shareholders voted YES on directors, pay, and auditors at the 2024 annual meeting.
AI Summary
On June 26, 2024, Phreesia, Inc. filed an 8-K report to announce the results of its 2024 Annual Meeting of Stockholders. The company reported that all director nominees were elected and that the advisory vote to approve executive compensation was also approved. Additionally, the ratification of the appointment of PricewaterhouseCoopers LLP as Phreesia's independent registered public accounting firm for the fiscal year ending January 31, 2025, was approved.
Why It Matters
This filing confirms shareholder confidence in the current board and executive compensation structure, and ratifies the company's auditor, providing stability and clarity for investors.
Risk Assessment
Risk Level: low — The filing is routine and reports on standard corporate governance matters like director elections and auditor ratification, with no new material risks disclosed.
Key Players & Entities
- Phreesia, Inc. (company) — Registrant
- PricewaterhouseCoopers LLP (company) — Independent registered public accounting firm
- June 26, 2024 (date) — Date of Report
- January 31, 2025 (date) — Fiscal year end for auditor appointment
FAQ
What was the primary purpose of the June 26, 2024, 8-K filing by Phreesia, Inc.?
The primary purpose was to report the results of Phreesia, Inc.'s 2024 Annual Meeting of Stockholders, including the election of directors, advisory vote on executive compensation, and ratification of the independent auditor.
Were all director nominees elected at the 2024 Annual Meeting?
Yes, the filing indicates that all director nominees presented at the 2024 Annual Meeting of Stockholders were elected.
Did the stockholders approve the advisory vote to approve executive compensation?
Yes, the advisory vote to approve the company's executive compensation was approved by the stockholders.
Was the appointment of the independent registered public accounting firm ratified?
Yes, the ratification of the appointment of PricewaterhouseCoopers LLP as Phreesia's independent registered public accounting firm for the fiscal year ending January 31, 2025, was approved.
Who is Phreesia, Inc.'s independent registered public accounting firm for the fiscal year ending January 31, 2025?
PricewaterhouseCoopers LLP was ratified as Phreesia, Inc.'s independent registered public accounting firm for the fiscal year ending January 31, 2025.
Filing Stats: 612 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-06-27 16:14:43
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share PHR The New York Stock Exchan
Filing Documents
- phr-20240626.htm (8-K) — 34KB
- 0001412408-24-000128.txt ( ) — 155KB
- phr-20240626.xsd (EX-101.SCH) — 2KB
- phr-20240626_lab.xml (EX-101.LAB) — 21KB
- phr-20240626_pre.xml (EX-101.PRE) — 12KB
- phr-20240626_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On June 26, 2024, Phreesia, Inc. (the "Company") held its annual meeting of stockholders to consider and vote on the three proposals set forth below, each of which is described in greater detail in the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission on May 14, 2024. The final voting results are set forth below. Proposal 1 - Election of Directors The stockholders elected each of the three persons named below to serve as a Class II director of the Company for a three-year term that expires at the Company's annual meeting of stockholders in 2027 and until such person's successor has been duly elected and qualified, subject to such person's earlier resignation or removal. The results of such vote were as follows: Director Name Votes For Votes Withheld Broker Non-Votes Lisa Egbuonu-Davis, M.D. 48,663,428 135,267 1,979,176 Lainie Goldstein 48,453,332 345,363 1,979,176 Ramin Sayar 48,507,858 290,837 1,979,176 Proposal 2 - Ratification of Appointment of Independent Registered Public Accounting Firm The stockholders ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2025. The results of such vote were as follows: Votes For Votes Against Abstentions 50,580,401 182,089 15,381 Proposal 3 – Approval of Compensation of Named Executive Officers The stockholders approved, on a non-binding, advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement. The results of such vote were as follows: Votes For Votes Against Abstentions Broker Non-Votes 44,699,753 4,075,493 23,449 1,979,176 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 27, 2024 Phreesi