[Form 4] Freshworks Inc. Insider Trading Activity
Freshworks Inc. (FRSH) director Jennifer H. Taylor reported insider transactions showing routine vesting and a planned sale under a Rule 10b5-1 trading plan. The filing shows that on 09/11/2025 Ms. Taylor acquired 4,685 shares of Class A common stock at $0 pursuant to the conversion of vested restricted stock units and simultaneously sold 4,685 shares at a weighted average price of $12.96 per share, with execution prices ranging from $12.62 to $13.35. The Form 4 discloses two RSU grants that vest monthly over 48 months beginning 09/10/2021 and the potential automatic conversion mechanics between Class B and Class A common stock. The sales were effected under a 10b5-1 plan adopted February 25, 2025, indicating preplanned, rule-compliant disposition of shares.
- Sale executed under a Rule 10b5-1 plan, indicating preplanned, compliant insider trading
- Clear disclosure of RSU vesting schedule and conversion rights, supporting transparency
- Timely Form 4 filing documenting both acquisition and sale transactions
- Director reduced beneficial ownership by 4,685 shares through sale at a weighted average price of $12.96
- Sale price range ($12.62–$13.35) may reflect market volatility around the transaction dates
Insights
TL;DR: Insider completed a preplanned sale under a 10b5-1 plan, reducing holdings modestly; transactions appear procedural, not signal of extraordinary company news.
The Form 4 discloses a director-level sale of 4,685 shares at a weighted average price of $12.96, executed pursuant to a 10b5-1 plan adopted Feb 25, 2025. The filing also documents RSU vesting mechanics and conversion rights from Class B to Class A shares. For investors, the key point is compliance and transparency: the trades were preauthorized rather than opportunistic reaction to material events. The absolute size of the sale and the insider role (director) suggest limited standalone materiality to company valuation.
TL;DR: Governance practices appear sound; use of 10b5-1 plan and timely Form 4 filing reflect adherence to insider trading protocols.
The report details both the mechanics of RSU vesting and the director's ability to convert Class B to Class A shares. The use of a 10b5-1 trading plan provides an affirmative defense under Rule 10b5-1(c), reducing regulatory risk associated with insider sales. The filing is complete in describing price range, weighted-average sale price, and vesting schedule, which supports strong disclosure governance.