Freshworks (NASDAQ: FRSH) CFO has 10,563 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freshworks Inc. Chief Financial & Operating Officer Tyler Sloat reported a tax-related share disposition tied to vesting stock awards. On April 2, 2026, 10,563 shares of Class A Common Stock were withheld at $8.32 per share to cover tax obligations from RSUs granted on January 2, 2026. After this withholding, Sloat directly holds 1,811,533 shares of Freshworks Class A Common Stock. This was a tax-withholding mechanism related to equity compensation, not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sloat Tyler
Role
Chief Financial & Oper Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 10,563 | $8.32 | $88K |
Holdings After Transaction:
Class A Common Stock — 1,811,533 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withheld shares: 10,563 shares
Withholding share value: $8.32 per share
Post-transaction holdings: 1,811,533 shares
3 metrics
Tax-withheld shares
10,563 shares
Class A Common Stock withheld for RSU tax on April 2, 2026
Withholding share value
$8.32 per share
Value used for tax-withholding disposition
Post-transaction holdings
1,811,533 shares
Class A Common Stock held directly after withholding
Key Terms
Class A Common Stock, RSUs, tax withholding obligations, tax-withholding disposition
4 terms
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.
RSUs financial
"vesting of RSUs previously granted to the Reporting Person"
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"
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
What insider transaction did Freshworks (FRSH) report for Tyler Sloat?
Freshworks reported that Tyler Sloat had 10,563 Class A shares withheld to cover tax obligations. The withholding was linked to the vesting of RSUs granted on January 2, 2026, and did not involve an open-market stock sale.
Was Tyler Sloat’s Freshworks (FRSH) Form 4 an open-market sale?
No, the Form 4 shows a tax-withholding disposition rather than an open-market sale. Shares were withheld to satisfy tax obligations from the vesting of RSUs granted on January 2, 2026, which is a common equity compensation mechanism.