[Form 4] Freshworks Inc. Insider Trading Activity
Lawrence Philippa, Chief Accounting Officer of Freshworks Inc. (FRSH), reported a withholding transaction tied to vested restricted stock units. On 09/01/2025, 57,576 shares of Class A common stock were withheld at a price of $13.47 per share to satisfy tax withholding obligations from RSUs granted on 09/01/2024. After the withholding, the reporting person beneficially owns 418,539 shares, held directly. The filing was signed by an attorney-in-fact on 09/02/2025. The transaction is coded F, indicating it resulted from a tax withholding in connection with vesting rather than an open-market sale.
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Insights
TL;DR: Routine tax-withholding on vested RSUs; no open-market sale reported; neutral for share supply.
The filing shows a standard withholding of 57,576 shares at $13.47 to cover taxes on RSUs that vested, leaving 418,539 shares beneficially owned by the Chief Accounting Officer. Because the transaction is an internal tax-withholding (code F) rather than a market sale, it does not increase public float via a deliberate disposition to the market. For investors, this is a routine compensation-related event with limited direct impact on company fundamentals or voting control.
TL;DR: Insider retention remains substantial; withholding is administrative and not a sign of intent to divest.
The report confirms the insider continues to hold a meaningful position of 418,539 shares after withholding. The explanation explicitly ties the reduction to tax withholding from RSU vesting granted on 09/01/2024. This pattern aligns with typical executive equity compensation practices and does not indicate voluntary selling pressure or governance changes. No new derivative transactions or changes in indirect ownership are disclosed.