Freshworks (NASDAQ: FRSH) CFO sees 10,563 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freshworks Inc. Chief Financial & Operating Officer Tyler Sloat reported a routine tax-related share disposition. On the vesting of previously granted RSUs on January 2, 2026, 10,563 shares of Class A Common Stock were withheld at $10.34 per share to cover tax obligations. Following this withholding, Sloat directly holds 1,756,952 shares of Class A Common Stock, indicating a large remaining equity position and that the transaction was not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sloat Tyler
Role
Chief Financial & Oper Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 10,563 | $10.34 | $109K |
Holdings After Transaction:
Class A Common Stock — 1,756,952 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 10,563 shares
Withholding price per share: $10.34 per share
Shares owned after transaction: 1,756,952 shares
3 metrics
Shares withheld for taxes
10,563 shares
Tax-withholding disposition on Class A Common Stock
Withholding price per share
$10.34 per share
Price used for RSU-related tax withholding
Shares owned after transaction
1,756,952 shares
Direct holdings of Class A Common Stock after withholding
Key Terms
RSUs, tax withholding obligations, Class A Common Stock, tax-withholding disposition
4 terms
RSUs financial
"the vesting of RSUs previously granted to the Reporting Person"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligations financial
"Units withheld to satisfy tax withholding obligations due in connection with vesting"
Class A Common Stock financial
"10,563.0000 shares of Class A Common Stock were disposed"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax-withholding disposition financial
"transaction_action is described as a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Freshworks (FRSH) executive Tyler Sloat report in this Form 4?
Tyler Sloat reported shares withheld to cover taxes on vested RSUs. Specifically, 10,563 Class A shares were withheld at $10.34 per share, leaving him with 1,756,952 shares directly owned after the transaction.
Was the Freshworks (FRSH) Form 4 transaction an open-market sale?
No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were automatically withheld to satisfy tax obligations arising from the vesting of previously granted RSUs to Tyler Sloat.