Pale Fire Capital Increases Stake in Phreesia, Inc. to 14.7% via Open Market Purchases

On April 2, 2026, Pale Fire Capital SE and its affiliated reporting persons filed an amendment to their Schedule 13D, disclosing an increased stake in Phreesia, Inc. (PHR). The reporting group, which includes Pale Fire Capital SICAV a.s., PFC investicni spolecnost a.s., Dusan Senkypl, and Jan Barta, now collectively beneficially owns 8,924,329 shares of Common Stock. This represents approximately 14.7% of the company's outstanding shares, up from the previously reported 12.7% (7,648,829 shares). The additional shares were acquired through a series of open-market purchases conducted between March 31, 2026, and April 2, 2026, at prices ranging from approximately $7.78 to $8.53 per share. The aggregate purchase price for the total position is approximately $103.5 million, funded through working capital. The reporting persons maintain their position for investment purposes and disclaim beneficial ownership of securities they do not directly own. Dusan Senkypl and Jan Barta exercise control over the entities within the reporting group.