FRSH Form 4: Executive Chairman withholds 33,907 shares for taxes
Mathrubootham Rathnagirish, Executive Chairman and director of Freshworks Inc. (FRSH), reported two dispositions of Class A Common Stock on 09/01/2025.
Rhea-AI Filing Summary
Mathrubootham Rathnagirish, Executive Chairman and director of Freshworks Inc. (FRSH), reported two dispositions of Class A Common Stock on 09/01/2025. The filings show 21,398 shares disposed at $13.47 leaving 693,389 shares beneficially owned, and 12,509 shares disposed at $13.47 leaving 680,880 shares beneficially owned. The explanatory note states these units were withheld to satisfy tax withholding obligations in connection with RSUs that vested from a grant dated March 1, 2024. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person on 09/02/2025. This filing documents routine share withholding to meet tax obligations following RSU vesting and discloses resulting ownership balances.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU tax withholding reported; no indication of discretionary selling by the insider.
The Form 4 discloses withholding of shares to satisfy tax liabilities tied to RSU vesting, a common administrative action following equity compensation events. The filing clearly identifies the reporting person as Executive Chairman and provides post-transaction beneficial ownership counts, supporting transparency and compliance with Section 16 reporting rules. There is no language in the document indicating additional cash sales or lending arrangements. As presented, this action is a standard internal mechanics transaction rather than a signal of strategic disposition.
TL;DR: Two disposals at $13.47 each reflect tax-withholding from vested RSUs; impact on float and valuation is likely immaterial.
The disclosure lists two separate disposal lines totaling 33,907 shares disposed at $13.47. The explanation attributes the disposals to tax withholding for RSUs granted March 1, 2024, which indicates these transactions were not open-market sales to raise cash. The form reports resulting beneficial ownership levels, which investors can use to track insider holdings. Based solely on the data in this filing, there is no evidence of material change to insider ownership percentage or a broader capital-raising event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 21,398 | $13.47 | $288K |
| Exercise Price or Tax Liability | Class A Common Stock | 12,509 | $13.47 | $168K |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the Form 4 filed for FRSH disclose?
Who signed the Form 4 and when?
What position does the reporting person hold at Freshworks (FRSH)?
AI-generated analysis. How Rhea-AI works. Not financial advice.