[Form 4] Freshworks Inc. Insider Trading Activity
Rhea-AI Filing Summary
Jennifer H. Taylor, a director of Freshworks Inc. (FRSH), reported converting and selling a portion of her holdings in mid‑August 2025. On 08/10/2025 she received 9,380 restricted stock units (RSUs) that represent the right to the same number of Class B shares; those RSUs vest in equal monthly installments over 48 months beginning 09/10/2021. Class B shares convert one‑for‑one into Class A shares under the company's charter.
On 08/11/2025 Ms. Taylor converted 4,690 Class B shares to Class A and sold the same 4,690 Class A shares at a weighted average price of $12.53 (sales ranged $12.30–$12.84). The sale was executed under a Rule 10b5‑1 trading plan adopted February 25, 2025. After the reported transactions she directly beneficially owned 44,218 Class A shares.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine, pre‑planned insider sale with clear disclosure; governance controls appear followed.
The Form 4 shows a conversion of 4,690 Class B shares to Class A followed by a sale effected under a Rule 10b5‑1 plan adopted 02/25/2025. The filing discloses the weighted average sale price ($12.53) and the quoted price range ($12.30–$12.84), and documents RSU grant and vesting terms. From a governance perspective, using a 10b5‑1 plan provides an affirmative defense and the filing contains the required explanatory detail, supporting procedural compliance.
TL;DR: Insider sold 4,690 shares; transactions are transparent but not clearly material to valuation.
The reported sale reduces direct Class A holdings to 44,218 shares. The transaction size and the $12.53 weighted average price are disclosed, but the Form 4 does not provide holdings as a percentage of total outstanding shares or other context to judge materiality. The disclosure of a 9,380 RSU award and its 48‑month vesting schedule is explicit and quantifies potential future dilution from awards tied to service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 4,690 | $0.00 | -- |
| Conversion | Class A Common Stock | 4,690 | $0.00 | -- |
| Sale | Class A Common Stock | 4,690 | $12.53 | $59K |
| Exercise | Restricted Stock Units | 9,380 | $0.00 | -- |
| Exercise | Class B Common Stock | 9,380 | $0.00 | -- |
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted February 25, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.30 to $12.84 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote. Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock. The shares of Class B Common Stock underlying the RSU award granted under the Issuer's 2011 Stock Plan vest in equal monthly installments over 48 months following September 10, 2021, subject to the Reporting Person's continued service through each vesting date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and has no expiration date.
