BlackRock Portfolio Management LLC filed a Schedule 13G with the SEC on October 27, 2026, disclosing a beneficial ownership position of 3,185,976 shares of common stock in Phreesia, Inc. (NYSE:PHR), representing 5.1% of the class as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: BlackRock Portfolio Management LLC reported holding 3,185,976 shares of Phreesia, Inc. common stock.
  • Percent of class: The reported position equals 5.1% of outstanding common shares.
  • Sole voting power: The filing reports sole voting power over 2,862,073 shares, with 0 shares subject to shared voting power.
  • Sole dispositive power: All 3,185,976 shares are held with sole dispositive power; shared dispositive power is reported as 0.
  • Triggering event date: The date of the event requiring this filing is listed as September 30, 2026.
  • Certifying signatory: Spencer Fleming, Managing Director, signed the filing on behalf of BlackRock Portfolio Management LLC.

BlackRock Portfolio Management Reaches Reporting Threshold in Phreesia Common Stock

According to the Schedule 13G filing, BlackRock Portfolio Management LLC, a Delaware-organized entity headquartered at 50 Hudson Yards, New York, NY 10001, crossed the threshold requiring disclosure of its position in Phreesia, Inc. common stock as of September 30, 2026. Phreesia, Inc. is a healthcare technology company whose principal executive offices are listed in the filing at 1521 Concord Pike Suite 301 PMB 221, Wilmington, DE 19803, and whose common stock trades on the New York Stock Exchange under the ticker symbol PHR with CUSIP number 71944F106.

The filing identifies BlackRock Portfolio Management LLC as a holding company (type "HC") filing under Rule 13d-1(b). The filing states, in accordance with SEC Release No. 34-39538 dated January 12, 1998, that the Schedule 13G "reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the 'Reporting Business Units') of BlackRock, Inc. and its subsidiaries and affiliates." The filing further notes that it "does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release."

Regarding dividends and proceeds, the filing discloses that "various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of Phreesia, Inc." It further states that "no one person's interest in the common stock of Phreesia, Inc. is more than five percent of the total outstanding common shares." A subsidiary identification exhibit is referenced as Exhibit 99 under Item 7 of the filing. BlackRock Portfolio Management LLC certified that the shares "were acquired and are held in the ordinary course of business."

What Was Disclosed

BlackRock Portfolio Management LLC disclosed a 5.1% beneficial ownership stake of 3,185,976 shares of Phreesia, Inc. common stock in a Schedule 13G filed October 27, 2026, with sole voting power covering 2,862,073 of those shares and a triggering event date of September 30, 2026.