Freshworks CAO sells 3,470 shares under 10b5-1 plan
Freshworks Inc. Chief Accounting Officer Philippa Lawrence reported an open-market sale and related tax withholdings of Class A Common Stock.
Rhea-AI Filing Summary
Freshworks Inc. Chief Accounting Officer Philippa Lawrence reported an open-market sale and related tax withholdings of Class A Common Stock. On July 6, 2026, she sold 3,470 shares at $10.13 per share in an open-market transaction under a pre-arranged Rule 10b5-1 trading plan adopted on March 18, 2026. On July 2, 2026, a total of 6,209 shares were withheld to cover tax obligations from the vesting of RSUs previously granted on February 13, 2025 and January 2, 2026, which is not an open-market sale. After these transactions, she directly held 456,144 shares of Class A Common Stock.
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Insider Trade Summary 10b5-1
Net Seller: 3,470 shares
Net Sell
3 txns
Insider
Lawrence Philippa
Role
Chief Accounting Officer
Sold
3,470 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,470 | $10.13 | $35K |
| Exercise Price or Tax Liability | Class A Common Stock | 2,086 | $10.34 | $22K |
| Exercise Price or Tax Liability | Class A Common Stock | 4,123 | $10.34 | $43K |
Holdings After Transaction:
Class A Common Stock — 456,144 shares (Direct)
Footnotes (3)
- F1. Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on February 13, 2025.
- F2. Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on January 2, 2026.
- F3. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 18, 2026.
Key Figures
Open-market sale shares: 3,470 shares
Sale price per share: $10.13 per share
Tax-withholding shares: 6,209 shares
+3 more
6 metrics
Open-market sale shares
3,470 shares
Class A Common Stock sold on July 6, 2026
Sale price per share
$10.13 per share
Open-market sale on July 6, 2026
Tax-withholding shares
6,209 shares
RSU-related tax withholding on July 2, 2026
Post-transaction holdings
456,144 shares
Direct Class A holdings after reported transactions
10b5-1 plan adoption date
March 18, 2026
Plan governing the July 6, 2026 sale
RSU grant dates
February 13, 2025 and January 2, 2026
RSUs whose vesting triggered tax withholding
Key Terms
Rule 10b5-1 trading plan, RSUs, tax withholding obligations, Class A Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
RSUs financial
"vesting of RSUs previously granted to the Reporting Person on February 13, 2025"
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 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.
tax-withholding disposition financial
"transaction_action: 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Freshworks (FRSH) report for Philippa Lawrence?
Freshworks reported that Chief Accounting Officer Philippa Lawrence sold 3,470 Class A shares at $10.13 each and had 6,209 shares withheld for taxes tied to RSU vesting, leaving her with 456,144 directly held shares.
Was the Freshworks (FRSH) insider stock sale made under a 10b5-1 plan?
Yes. The 3,470-share sale at $10.13 per share was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 18, 2026, indicating the trade was scheduled in advance rather than timed opportunistically.
What portion of Philippa Lawrence’s Freshworks (FRSH) trades were open-market sales versus tax withholding?
The filing shows 3,470 Class A shares sold in an open-market transaction at $10.13 per share, while 6,209 shares were withheld to cover tax liabilities from RSU vesting, which are non-market tax-withholding dispositions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
