Freshworks CEO covers RSU taxes with share withholding
Freshworks Inc. CEO & President Dennis Woodside reported routine share activity related to RSU vesting.
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Form Type
4
Rhea-AI Filing Summary
Freshworks Inc. CEO & President Dennis Woodside reported routine share activity related to RSU vesting. On July 2, 2026, 22,473 shares of Class A Common Stock were withheld at $10.34 per share to cover tax obligations from previously granted RSUs, a non-market, tax-withholding disposition rather than an open-market sale.
After this event, Woodside directly held 2,854,611 Class A shares, and an additional 278,027 shares were held indirectly through The Woodside 2012 Irrevocable Trust. The withheld amount is small compared with his remaining ownership, indicating a routine compensation-related transaction.
Insider Trade Summary
Exercise Price or Tax Liability: 22,473 shares
Exercise Price or Tax Liability
2 txns
Insider
Woodside Dennis
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 22,473 | $10.34 | $232K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,854,611 shares (Direct);
Class A Common Stock — 278,027 shares (Indirect, The Woodside 2012 Irrevocable Trust)
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 January 2, 2026.
Key Figures
Shares withheld for taxes: 22,473 shares
Withholding price per share: $10.34 per share
Direct holdings after transaction: 2,854,611 shares
+2 more
5 metrics
Shares withheld for taxes
22,473 shares
Withheld to satisfy RSU tax obligations on July 2, 2026
Withholding price per share
$10.34 per share
Value used for tax-withholding shares
Direct holdings after transaction
2,854,611 shares
Class A Common Stock held directly by Dennis Woodside
Indirect holdings via trust
278,027 shares
Class A Common Stock held by The Woodside 2012 Irrevocable Trust
Tax-withholding transactions
1 transaction, 22,473 shares
Tax-withholding count and shares in transaction summary
Key Terms
RSUs, tax withholding obligations, Class A Common Stock, Irrevocable Trust, +1 more
5 terms
RSUs financial
"vesting of RSUs previously granted to the Reporting Person on January 2, 2026"
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.
tax withholding obligations financial
"Units withheld to satisfy tax withholding obligations due in connection with the vesting"
Class A Common Stock financial
"security_title": "Class A Common Stock""
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.
Irrevocable Trust financial
"nature_of_ownership": "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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Freshworks (FRSH) CEO Dennis Woodside report in this Form 4?
Dennis Woodside reported a tax-related share withholding, not an open-market trade. A total of 22,473 Class A shares were withheld to cover RSU tax obligations, while he retained over 2.85 million shares directly plus additional indirect holdings.
Is the Freshworks CEO’s Form 4 a stock sale in the open market?
No, the Form 4 reflects tax-withholding, not an open-market sale. The 22,473 shares were withheld by the company to pay RSU-related taxes, a routine compensation event that does not represent discretionary buying or selling by the CEO.
What role do RSUs play in the Freshworks CEO’s reported transaction?
The transaction stems from RSUs previously granted on January 2, 2026. When these RSUs vested, Freshworks withheld 22,473 shares to satisfy related tax obligations, which is standard practice for equity-based executive compensation at many public companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
