Freshworks CFO has 21,765 shares withheld for taxes
Freshworks Inc. (FRSH) reported that its Chief Financial & Operating Officer, Tyler Sloat, had shares of Class A common stock withheld on September 1, 2026 to cover taxes on vesting restricted stock units.
Rhea-AI Filing Summary
Freshworks Inc. (FRSH) reported that its Chief Financial & Operating Officer, Tyler Sloat, had shares of Class A common stock withheld on September 1, 2026 to cover taxes on vesting restricted stock units. A total of 21,765 shares were withheld in four separate transactions at $13.46 per share, relating to RSU awards originally granted on March 1, 2024 and March 1, 2025. No Rule 10b5-1 trading plan is reported for these transactions.
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Insights
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Insider Trade Summary
Tax Withholding: 21,765 shares
Tax Withholding
4 txns
Insider
Sloat Tyler
Role
Chief Financial & Oper Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 6,072 | $13.46 | $82K |
| Tax Withholding | Class A Common Stock F1 | 3,549 | $13.46 | $48K |
| Tax Withholding | Class A Common Stock F2 | 7,579 | $13.46 | $102K |
| Tax Withholding | Class A Common Stock F2 | 4,565 | $13.46 | $61K |
Holdings After Transaction:
Class A Common Stock — 1,724,453 shares (Direct)
Footnotes (2)
- 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.
- 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, 2025.
Key Figures
Total shares withheld for taxes: 21,765 shares
Per-share price for withholding: $13.46 per share
First withholding block: 6,072 shares
+3 more
6 metrics
Total shares withheld for taxes
21,765 shares
Class A common stock withheld on September 1, 2026 for RSU tax withholding
Per-share price for withholding
$13.46 per share
Price used for all four Class A common stock withholding transactions on September 1, 2026
First withholding block
6,072 shares
Class A common stock withheld for RSUs granted March 1, 2024
Second withholding block
3,549 shares
Class A common stock withheld for RSUs granted March 1, 2024
Third withholding block
7,579 shares
Class A common stock withheld for RSUs granted March 1, 2025
Fourth withholding block
4,565 shares
Class A common stock withheld for RSUs granted March 1, 2025
Key Terms
tax withholding obligations, vesting, RSUs
3 terms
tax withholding obligations financial
"Units withheld to satisfy tax withholding obligations due in connection with the vesting"
vesting financial
"due in connection with the vesting of RSUs previously granted to the Reporting Person"
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.
RSUs financial
"vesting of RSUs previously granted to the Reporting Person on March 1, 2024"
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.
FAQ
What insider transaction did Freshworks (FRSH) disclose for Tyler Sloat?
Freshworks disclosed that CFO Tyler Sloat had 21,765 shares of Class A common stock withheld on September 1, 2026 to satisfy tax withholding obligations arising from the vesting of previously granted RSUs.
Which RSU grants led to the FRSH tax-withholding transactions for Tyler Sloat?
The tax-withholding transactions were tied to vesting of RSUs granted on March 1, 2024 and March 1, 2025 to Tyler Sloat, with specific transactions linked to each grant via the filing’s footnotes.
Were the September 1, 2026 FRSH insider transactions under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan for the September 1, 2026 share withholdings; they are characterized as payment of tax withholding obligations on vesting RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.