Freshworks (FRSH) CEO Dennis Woodside awarded 265,119 performance RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freshworks Inc. CEO & President Dennis Woodside reported a grant of 265,119 Class A performance-based restricted stock units (PRSUs) on February 3, 2026. The units were awarded at a price of $0 per share and increase his directly held Class A Common Stock to 3,003,609 shares.
Each PRSU represents a right to receive one Freshworks Class A share, earned after the compensation committee certifies achievement of specified performance criteria. One-third of the PRSUs will vest on March 1, 2026, with the remaining two-thirds vesting in equal quarterly installments thereafter, subject to Woodside’s continued service. In addition, 278,027 Class A shares are held indirectly through The Woodside 2012 Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Woodside Dennis
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 265,119 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,003,609 shares (Direct);
Class A Common Stock — 278,027 shares (Indirect, The Woodside 2012 Irrevocable Trust)
Footnotes (1)
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FAQ
What insider transaction did Freshworks (FRSH) report for CEO Dennis Woodside?
Freshworks reported that CEO Dennis Woodside received 265,119 performance-based restricted stock units of Class A Common Stock at $0 per share. Following this equity grant, he beneficially owns 3,003,609 Class A shares directly, plus 278,027 shares indirectly via The Woodside 2012 Irrevocable Trust.
What are the terms of Dennis Woodside’s PRSU award at Freshworks (FRSH)?
The award consists of 265,119 performance-based restricted stock units, each convertible into one Class A share. One-third vests on March 1, 2026, and the remaining two-thirds vest in equal quarterly installments, contingent on performance certification and his continued service with Freshworks.
How are the performance-based RSUs for Freshworks (FRSH) CEO earned and settled?
The PRSUs are earned once the Freshworks compensation committee certifies achievement of specified performance criteria. After vesting, they are settled in Class A Common Stock under the company’s 2021 Equity Incentive Plan, as amended, subject to Dennis Woodside’s continued service through each vesting date.
Which equity plan governs Dennis Woodside’s new PRSU grant at Freshworks (FRSH)?
The 265,119 performance-based restricted stock units granted to Dennis Woodside are governed by Freshworks’ 2021 Equity Incentive Plan, as amended from time to time. The plan’s terms control how the PRSUs vest, are earned after performance certification, and are ultimately settled in Class A shares.