[Form 4] Freshworks Inc. Insider Trading Activity
Freshworks Inc. (FRSH) – Form 4 insider transaction filed 07/02/2025
Director Francis J. Pelzer reported the annual equity retainer granted under the company’s Non-Employee Director Compensation Policy. The award consists of 13,236 Restricted Stock Units (RSUs), each convertible into one share of Class A common stock upon settlement. The grant date is 07/01/2025 and the RSUs vest in full on 07/01/2026, subject to accelerated vesting should the director fail to be re-elected at the next annual meeting.
No shares were sold or otherwise disposed of; the aggregate beneficial ownership for Mr. Pelzer following the award is 43,374 Class A shares, all held directly. The transaction price is recorded as $0, reflecting the compensatory nature of the RSU grant rather than an open-market purchase.
This filing represents routine board compensation and does not alter the company’s capital structure or signal a strategic shift. Investors typically view such grants as neutral from a valuation standpoint, although continued equity awards do incrementally align director interests with shareholder value.
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Insights
TL;DR: Routine RSU grant to director; neutral impact on valuation or sentiment.
The Form 4 discloses a standard non-employee director equity retainer—13,236 RSUs valued off a 30-day average price. Because the shares vest over one year and carry no purchase price, there is neither cash outlay nor dilution beyond the ordinary course already anticipated in the company’s equity comp plan. Post-transaction ownership rises to 43,374 shares, modest in the context of Freshworks’ 294 million fully diluted shares (latest 10-Q). Absent sales, the filing does not convey bullish or bearish sentiment. Overall, the disclosure is administrative and carries neutral, non-material investor impact.