Freshworks Insider Filing: 1,560 RSUs Convert to Class A for Director
Rhea-AI Filing Summary
Freshworks Inc. (FRSH) – Form 4 insider filing: Director Johanna Flower reported one transaction dated 08/02/2025. She acquired 1,560 Restricted Stock Units (RSUs) granted under the 2011 Stock Plan (Code M). Each RSU represents one share of Class B common stock that vests in equal monthly installments over 48 months from 09/02/2021, contingent on continued service.
The same filing shows an automatic, cost-free conversion of 1,560 Class B shares into Class A shares (also Code M). Following the transaction, Flower’s beneficial ownership totals 157,830 derivative securities, all held directly. No open-market sale or cash proceeds were reported, implying the director retained the shares.
Because the activity reflects routine vesting and an internal share-class conversion—rather than purchases or sales—it is operationally neutral but may signal ongoing alignment of the director’s interests with common shareholders.
Positive
- Director acquired 1,560 RSUs and retained all shares, indicating continued equity alignment with shareholders.
Negative
- None.
Insights
TL;DR: Routine RSU vesting; no shares sold; ownership rises to 157,830—neutral-to-slightly positive signal.
The Form 4 shows a standard monthly vest of 1,560 RSUs that convert into Class A stock. Code M indicates a non-open-market transaction at $0, so there is no liquidity event or price signal. The director’s decision to hold rather than sell suggests confidence, but the volume is small relative to Freshworks’ ~293 m shares outstanding. From a dilution standpoint the impact is immaterial; however, continued equity accumulation keeps management incentives aligned with shareholder value.
TL;DR: Immaterial size; insider retains shares—no trading cue.
The 1,560-share RSU vest/convert equals <0.001% of float. Lack of disposition removes negative overhang, yet the scale is far too minor to adjust position sizing. I view it as housekeeping, not a catalyst.