Freshworks CEO has 106K shares withheld for tax
Freshworks CEO Dennis Woodside reported share withholdings to cover taxes on vesting equity awards, rather than open‑market sales.
Rhea-AI Filing Summary
Freshworks Inc. director, CEO and president Dennis Woodside reported dispositions of 106,882 shares of Class A common stock on September 1, 2026, at $13.46 per share. The filing states these shares were withheld to cover tax withholding obligations upon vesting of previously granted restricted stock units, and no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Tax Withholding: 106,882 shares
Tax Withholding
6 txns
Insider
Woodside Dennis
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 53,687 | $13.46 | $723K |
| Tax Withholding | Class A Common Stock F2 | 15,179 | $13.46 | $204K |
| Tax Withholding | Class A Common Stock F2 | 8,873 | $13.46 | $119K |
| Tax Withholding | Class A Common Stock F3 | 18,188 | $13.46 | $245K |
| Tax Withholding | Class A Common Stock F3 | 10,955 | $13.46 | $147K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,747,729 shares (Direct);
Class A Common Stock — 278,027 shares (Indirect, The Woodside 2012 Irrevocable Trust)
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 September 1, 2022.
- F2. 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.
- F3. 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.
Key Figures
Shares disposed for tax withholding: 106,882 shares
Disposition price per share: $13.46 per share
Tax-withholding lot linked to September 1, 2022 RSU grant: 53,687 shares
+3 more
6 metrics
Shares disposed for tax withholding
106,882 shares
Total shares withheld on September 1, 2026 to satisfy tax obligations from RSU vesting
Disposition price per share
$13.46 per share
Price applied to the tax-withholding dispositions on September 1, 2026
Tax-withholding lot linked to September 1, 2022 RSU grant
53,687 shares
Shares withheld to cover taxes on vesting restricted stock units granted September 1, 2022
Tax-withholding lots linked to March 1, 2024 RSU grant
24,052 shares
15,179 and 8,873 shares withheld for vesting restricted stock units granted March 1, 2024
Tax-withholding lots linked to March 1, 2025 RSU grant
29,143 shares
18,188 and 10,955 shares withheld for vesting restricted stock units granted March 1, 2025
Indirect holdings via trust
278,027 shares
Class A common stock held indirectly through The Woodside 2012 Irrevocable Trust after the reported date
Key Terms
restricted stock units, tax withholding obligations, Irrevocable Trust
3 terms
restricted stock units financial
"in connection with the vesting of RSUs previously granted to the Reporting Person"
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"
Irrevocable Trust financial
"The Woodside 2012 Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
What insider transaction did FRSH CEO Dennis Woodside report on September 1, 2026?
Dennis Woodside reported dispositions of 106,882 shares of Freshworks Class A common stock on September 1, 2026, at a price of $13.46 per share. The filing characterizes these as shares withheld to satisfy tax obligations from vesting restricted stock units.
Were Dennis Woodside’s FRSH transactions open-market sales?
No. The filing describes the 106,882 shares as withheld to satisfy tax withholding obligations in connection with vesting restricted stock units granted in 2022, 2024 and 2025, rather than as discretionary open-market sales.
Did the FRSH filing indicate use of a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for these transactions. The reported dispositions are described as share withholdings for tax obligations tied to vesting equity awards.
What indirect FRSH holdings are reported for Dennis Woodside after these transactions?
The filing reports 278,027 shares of Class A common stock held indirectly through The Woodside 2012 Irrevocable Trust. This is presented as an indirect ownership position separate from the tax-related dispositions.
AI-generated analysis. How Rhea-AI works. Not financial advice.