Freshworks (FRSH) CEO adds 125,000 shares after RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freshworks Inc. CEO and President Dennis Woodside reported multiple transactions in Class A common stock. He made an open-market purchase of 125,000 shares on March 2, 2026 at $7.95 per share, with the footnotes stating a weighted average purchase price of $7.9469.
On March 1, 2026, he had several tax-withholding dispositions totaling multiple blocks of shares at $7.82 per share, used to satisfy tax obligations from vesting RSUs granted in 2022, 2024, and 2025. After these transactions, he directly owned 3,004,312 shares, and an additional 278,027 shares were held indirectly through The Woodside 2012 Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 125,000 shares ($993,750)
Net Buy
7 txns
Insider
Woodside Dennis
Role
CEO & President
Bought
125,000 shs ($994K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 125,000 | $7.95 | $994K |
| Tax Withholding | Class A Common Stock | 53,686 | $7.82 | $420K |
| Tax Withholding | Class A Common Stock | 15,178 | $7.82 | $119K |
| Tax Withholding | Class A Common Stock | 6,270 | $7.82 | $49K |
| Tax Withholding | Class A Common Stock | 17,631 | $7.82 | $138K |
| Tax Withholding | Class A Common Stock | 31,532 | $7.82 | $247K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,004,312 shares (Direct);
Class A Common Stock — 278,027 shares (Indirect, The Woodside 2012 Irrevocable Trust)
Footnotes (1)
- Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on September 1, 2022. Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on March 1, 2024. Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on March 1, 2025. This transaction was executed in multiple trades at prices ranging from $7.75 to $8.00. The price reported reflects the weighted average purchase price of $7.9469. 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 purchased at each separated price within the range set forth in this footnote.
FAQ
What did Freshworks (FRSH) CEO Dennis Woodside do in this Form 4 filing?
Dennis Woodside reported buying 125,000 Freshworks Class A shares in an open-market transaction. He also recorded several tax-withholding dispositions tied to RSU vesting, along with his updated direct and indirect share ownership levels after these movements.
What are the tax-withholding dispositions reported for Freshworks (FRSH) CEO?
The filing shows several F-code transactions labeled as tax-withholding dispositions at $7.82 per share. Footnotes explain these shares were withheld to cover tax obligations from RSUs vesting from grants made in 2022, 2024, and 2025.
What kind of transaction is code "F" in the Freshworks (FRSH) Form 4?
Transaction code F represents a tax-withholding disposition using company shares. In this case, shares were delivered to satisfy exercise price or tax liabilities associated with restricted stock units vesting for Freshworks’ CEO, rather than ordinary open-market sales.
Is the Freshworks (FRSH) CEO’s open-market trade a purchase or a sale?
The Form 4 identifies the March 2, 2026 transaction as an open-market purchase. It is coded P and described as a purchase in the open market, distinct from the F-code tax-withholding dispositions linked to RSU vesting events the prior day.