Freshworks (FRSH) CEO has 106,878 shares withheld for taxes
Rhea-AI Filing Summary
Freshworks Inc. director and CEO Dennis Woodside reported routine share activity tied to equity compensation rather than market trading. On June 1, 2026, a total of 106,878 shares of Class A Common Stock were withheld at $10.68 per share to satisfy tax withholding obligations from previously granted RSUs vesting on several grant dates. These F-code entries are tax-withholding dispositions, not open‑market sales, so they do not reflect discretionary selling.
Following these transactions, Woodside holds 2,930,276 shares of Class A Common Stock directly and 278,027 shares indirectly through The Woodside 2012 Irrevocable Trust. His direct holdings include 2,123 shares purchased under the company’s Employee Stock Purchase Plan for the period from November 17, 2025 through May 15, 2026, acquired at 85% of the closing price on May 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 53,686 | $10.68 | $573K |
| Tax Withholding | Class A Common Stock | 15,178 | $10.68 | $162K |
| Tax Withholding | Class A Common Stock | 8,873 | $10.68 | $95K |
| Tax Withholding | Class A Common Stock | 18,187 | $10.68 | $194K |
| Tax Withholding | Class A Common Stock | 10,954 | $10.68 | $117K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on September 1, 2022. Includes 2,123 shares of Class A common stock purchased pursuant to the Issuer's Employee Stock Purchase Plan (ESPP) for the ESPP purchase period from November 17, 2025 through May 15, 2026. This transaction is exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's Class A common stock on May 15, 2026. Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on March 1, 2024. Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on March 1, 2025.