Freshworks (NASDAQ: FRSH) CEO uses shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freshworks Inc. CEO and President Dennis Woodside reported a routine tax-related share disposition tied to equity compensation. On April 2, 2026, 22,473 shares of Class A Common Stock were withheld at $8.32 per share to cover tax obligations from the vesting of RSUs granted on January 2, 2026. This was not an open-market sale, but an automatic share withholding.
After this event, Woodside directly owns 2,981,839 Class A shares. He also has an additional 278,027 shares held indirectly through The Woodside 2012 Irrevocable Trust, reflecting a substantial continuing stake in Freshworks.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Woodside Dennis
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 22,473 | $8.32 | $187K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,981,839 shares (Direct);
Class A Common Stock — 278,027 shares (Indirect, The Woodside 2012 Irrevocable Trust)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 22,473 shares
Withholding price: $8.32/share
Direct holdings after transaction: 2,981,839 shares
+2 more
5 metrics
Tax-withheld shares
22,473 shares
Shares withheld for RSU tax obligations on April 2, 2026
Withholding price
$8.32/share
Value used for tax withholding on Class A Common Stock
Direct holdings after transaction
2,981,839 shares
Class A Common Stock directly owned by CEO after withholding
Indirect trust holdings
278,027 shares
Class A shares held via The Woodside 2012 Irrevocable Trust
Tax withholding shares (summary)
22,473 shares
TaxWithholdingShares in transaction summary
Key Terms
Restricted Stock Units, tax withholding obligations, Class A Common Stock, indirect ownership, +1 more
5 terms
Restricted Stock Units financial
"vesting of RSUs previously granted to the Reporting Person on January 2, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs"
Class A Common Stock financial
"security_title": "Class A Common Stock""
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.
indirect ownership financial
"total_shares_following_transaction": "278027.0000", "direct_or_indirect": "I""
Irrevocable Trust financial
"nature_of_ownership": "The Woodside 2012 Irrevocable Trust""
FAQ
What insider transaction did Freshworks (FRSH) CEO Dennis Woodside report?
Dennis Woodside reported a tax-related share disposition, where 22,473 Class A shares were withheld at $8.32 each to satisfy withholding taxes on vesting RSUs granted January 2, 2026. This was an automatic, non‑market transaction tied to his compensation.
Was the Freshworks (FRSH) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open‑market sale. Shares were withheld by the company to cover tax obligations from vesting Restricted Stock Units, a common administrative mechanism that settles tax liabilities using stock rather than cash paid by the executive.
What triggered the tax withholding transaction for Freshworks (FRSH) CEO?
The withholding was triggered by the vesting of Restricted Stock Units previously granted on January 2, 2026. When RSUs vest, they become taxable compensation, and companies often withhold shares at that time to cover the associated income tax liability.