[Form 4] Freshworks Inc. Insider Trading Activity
Tyler Sloat, Chief Financial & Operating Officer of Freshworks Inc. (FRSH), reported several dispositions on 09/01/2025 consisting of 29,461 shares of Class A common stock withheld to satisfy tax obligations tied to vested restricted stock units (RSUs). The transactions list four withholding events of 6,219, 3,635, 11,845, and 7,762 shares, each recorded at a price of $13.47 per share. Following these withholdings, the filing reports beneficial ownership balances of 1,018,852, 1,015,217, 1,003,372, and 995,610 shares respectively for the classes shown. The Form 4 states the withheld units relate to RSUs granted on March 1, 2024 and March 1, 2025, and the filing was signed by an attorney-in-fact on 09/02/2025.
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Insights
TL;DR: Routine tax-withholding dispositions of vested RSUs by the CFO; not a cash sale or a change in underlying ownership intent.
The Form 4 documents tax-withholding by the Chief Financial & Operating Officer for RSUs that vested, totaling 29,461 shares at an indicated price of $13.47 on 09/01/2025. These entries are recorded as dispositions (code F) because shares were surrendered to cover taxes rather than sold on the open market. Such transactions are common following vesting events and do not necessarily indicate a change in the executive's broader ownership position or view on company prospects. The filing provides specific post-transaction beneficial ownership figures for each reported line item, which helps track dilution and insider holdings over time.
TL;DR: Administrative withholding of vested RSUs for tax compliance; procedural and routine, with standard disclosure via Form 4.
The report specifies that the withheld units correspond to RSUs granted on March 1, 2024 and March 1, 2025, and that withholding satisfied tax obligations. The use of an attorney-in-fact signature is documented. From a governance perspective, these are standard post-vesting actions that fulfill tax obligations and are disclosed under Section 16 rules. No new derivative grants, open-market sales, or pledging arrangements are reported, and the filing does not assert any change in control or delegation of voting rights beyond customary beneficial ownership reporting.