Freshworks (FRSH) director Pelzer awarded 21,253 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pelzer Francis J. reported acquisition or exercise transactions in this Form 4 filing.
Freshworks Inc. director Francis J. Pelzer received an equity award of 21,253 Restricted Stock Units (RSUs) of Class A Common Stock. The RSU grant represents his annual award under Freshworks’ Non-Employee Director Compensation Policy and was awarded at no cash cost per share.
The RSUs were sized by dividing the applicable equity value by the average closing price of Freshworks’ common stock over the 30 trading days before July 1, 2026, rounded down to the nearest whole share. These RSUs will vest in full on July 1, 2027, although they will vest earlier if he stands for re-election at the next annual stockholder meeting and is not elected. Following this grant, Pelzer directly holds 64,627 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pelzer Francis J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 21,253 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 64,627 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 21,253 shares
Holdings after grant: 64,627 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSUs granted
21,253 shares
Annual RSU award granted on July 1, 2026
Holdings after grant
64,627 shares
Class A Common Stock directly held after transaction
Grant price per share
$0.0000 per share
No cash paid for RSU acquisition
RSU vesting date
July 1, 2027
Scheduled full vesting date, subject to earlier vesting if not re-elected
Pricing period length
30 trading days
Average closing price period used to size RSU award
Key Terms
Restricted Stock Unit (RSU), Non-Employee Director Compensation Policy, Class A Common Stock, vesting
4 terms
Restricted Stock Unit (RSU) financial
"Represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
Non-Employee Director Compensation Policy financial
"Represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy."
Class A Common Stock financial
"Each of these RSUs represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
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.
vesting financial
"The shares shall vest in full on July 1, 2027; provided, however, that in the event a director is up for re-election..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Freshworks (FRSH) director Francis J. Pelzer report in this Form 4?
Francis J. Pelzer reported receiving an annual equity grant of 21,253 Restricted Stock Units (RSUs) of Freshworks Class A Common Stock. These RSUs are part of the company’s Non-Employee Director Compensation Policy and increase his direct holdings to 64,627 shares.
How many Freshworks (FRSH) RSUs were granted to Francis J. Pelzer?
Francis J. Pelzer was granted 21,253 Restricted Stock Units (RSUs) of Freshworks Class A Common Stock. Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement, subject to the vesting schedule described in the award terms.
When do Francis J. Pelzer’s new Freshworks (FRSH) RSUs vest?
The RSU award to Francis J. Pelzer is scheduled to vest in full on July 1, 2027. However, if he is up for re-election at the next annual stockholder meeting and is not elected, the RSUs will vest in full on that annual meeting date instead.
How was the size of Francis J. Pelzer’s Freshworks (FRSH) RSU grant calculated?
The number of RSUs granted was determined by dividing the applicable equity value by the average closing price of Freshworks common stock over the 30 consecutive trading days immediately before July 1, 2026, then rounding down to the nearest whole share, yielding 21,253 RSUs.
Is Francis J. Pelzer’s Freshworks (FRSH) RSU award part of a compensation policy?
Yes. The RSU grant to Francis J. Pelzer is described as his annual Restricted Stock Unit award under Freshworks’ Non-Employee Director Compensation Policy, indicating it is a standard component of director compensation rather than a one-time or special equity grant.