[Form 4] Freshworks Inc. Insider Trading Activity

Rhea-AI Filing Summary

Freshworks Inc. (FRSH) – Form 4 filed 07/30/2025 details an insider equity conversion by director Barry L. Padgett.

• Transaction date: 07/28/2025; Code M (derivative conversion).
• Security: 1,560 Restricted Stock Units converted into 1,560 Class B common shares at $0 cost.
• RSUs stem from the 2011 Stock Plan and vest monthly over 48 months beginning 08/28/2021, contingent on continued service.
• Each Class B share can convert 1-for-1 into Class A; such conversion occurs automatically upon transfer or at holder’s option.
• Post-transaction holdings: Padgett now directly owns 84,374 Class A shares.

No open-market purchases or sales occurred and no cash consideration was paid, indicating a routine vesting event with limited immediate market impact.

Insights

Financial Analyst

TL;DR: Routine RSU vesting; no cash outlay, minimal market impact.

The Form 4 shows a standard vesting and conversion of 1,560 RSUs by Director Barry Padgett. Because the shares were issued at $0 and not sold, the filing neither injects buying pressure nor signals a valuation view. Post-conversion ownership of 84,374 Class A shares modestly aligns the director’s incentives with shareholders, but the size—well under 1 % of the 296 m diluted share count—limits materiality. Overall, the event is governance-neutral and not expected to influence FRSH’s trading dynamics.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

PADGETT BARRY L.

(Last) (First) (Middle)

C/O FRESHWORKS INC.

2950 S DELAWARE STREET, SUITE 201

(Street)

SAN MATEO CA 94403

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Freshworks Inc. [ FRSH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	07/28/2025		M			1,560	(2)	08/04/2031	Class B Common Stock	1,560	$0	1,560	D
Class B Common Stock	(3)	07/28/2025		M		1,560		(3)	(3)	Class A Common Stock	1,560	$0	84,374	D

Explanation of Responses:

1. Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock.

2. The shares of Class B Common Stock underlying the RSU award granted under the Issuer's 2011 Stock Plan vest in equal monthly installments over 48 months following August 28, 2021, subject to the Reporting Person's continued service through each vesting date.

3. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and has no expiration date.

	/s/ Pamela Sergeeff, Attorney-in-Fact	07/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Freshworks (FRSH) report on 07/30/2025?

Director Barry L. Padgett converted 1,560 RSUs into Class B common stock, a routine vesting event.

How many shares does Barry Padgett own after the Form 4 transaction?

He now directly holds 84,374 Class A shares of Freshworks.

Was any cash paid or received in this FRSH insider transaction?

No. The RSU conversion occurred at $0 cost, with no open-market trade.

Do the converted shares affect Freshworks’ share count?

The RSUs were already accounted for in diluted count; conversion has negligible dilution impact.

What does transaction code "M" signify in the Form 4?

Code M denotes "conversion of derivative security"—here, RSUs converting to common shares.