Freshworks CFO granted 264,303 RSUs
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.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 264,303 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of restricted stock units (RSUs) granted under the Issuer's 2021 Equity Incentive Plan. These RSUs will vest 50% on each of April 1, 2027 and April 1, 2028, subject to continued service through each vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Freshworks (FRSH) report for Tyler Sloat?
What are the vesting terms of Tyler Sloat’s new RSUs at Freshworks (FRSH)?
Was Tyler Sloat’s Freshworks (FRSH) Form 4 transaction a stock buy or sale?
Under which plan were Tyler Sloat’s Freshworks (FRSH) RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.