Freshworks (FRSH) CFO Tyler Sloat awarded 264,303 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freshworks Inc. Chief Financial & Oper Officer Tyler Sloat reported an equity compensation grant of 264,303 shares of Class A Common Stock in the form of restricted stock units (RSUs) at no cash cost per share. After this award, he reports beneficial ownership of 1,822,096 shares.
The RSUs were granted under Freshworks’ 2021 Equity Incentive Plan and are subject to a long-term vesting schedule. According to the disclosure, 50% of the RSUs will vest on April 1, 2027 and the remaining 50% on April 1, 2028, contingent on Sloat’s continued service through each vesting date. This filing reflects a compensation-related acquisition of stock-based awards, not an open-market purchase or 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 |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 264,303 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,822,096 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Freshworks (FRSH) report for Tyler Sloat?
Freshworks reported that Chief Financial & Oper Officer Tyler Sloat received a grant of 264,303 restricted stock units representing Class A Common Stock. The award is part of his equity compensation and was not an open-market stock purchase or sale.
What are the vesting terms of Tyler Sloat’s new RSUs at Freshworks (FRSH)?
The 264,303 restricted stock units granted to Tyler Sloat vest over two future dates. Half of the RSUs vest on April 1, 2027 and the remaining half vest on April 1, 2028, subject to his continued service on each vesting date.
Was Tyler Sloat’s Freshworks (FRSH) Form 4 transaction a stock buy or sale?
The Form 4 shows a compensation-related acquisition, not a market trade. Tyler Sloat received 264,303 restricted stock units as a grant under Freshworks’ 2021 Equity Incentive Plan, with no reported open-market buying or selling of shares.
Under which plan were Tyler Sloat’s Freshworks (FRSH) RSUs granted?
The restricted stock units reported in the Form 4 were granted under Freshworks’ 2021 Equity Incentive Plan. The filing specifies that these RSUs vest in two equal installments in 2027 and 2028, conditioned on Sloat’s continued service.