Freshworks (FRSH) director Roxanne S. Austin receives 23,311-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AUSTIN ROXANNE S reported acquisition or exercise transactions in this Form 4 filing.
Freshworks Inc. director Roxanne S. Austin reported an equity compensation grant of 23,311 shares of Class A Common Stock. This consists of 2,058 fully vested shares received in lieu of cash fees for second-quarter 2026 director compensation and 21,253 Restricted Stock Units as her annual director equity award.
The RSUs represent rights to receive an equal number of Class A shares and are scheduled to vest in full on July 1, 2027, with earlier vesting if she stands for re-election and is not elected at the next annual stockholder meeting. Following this grant, she holds 212,149 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
AUSTIN ROXANNE S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 23,311 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 212,149 shares (Direct, null)
Footnotes (1)
- With respect to 2,058 shares, represents the grant of fully-vested restricted stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy. Grant reflects director compensation for the second quarter of 2026. The number of shares received in lieu of cash was calculated by dividing the applicable value of the equity by the average closing price of our common stock over the 30 consecutive trading days immediately preceding July 1, 2026, rounded down to the nearest whole share. With respect to 21,253 shares, represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy. Each of these RSUs represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The number of RSUs granted was calculated by dividing the applicable value of the equity by the average closing price of our common stock over the 30 consecutive trading days immediately preceding July 1, 2026, rounded down to the nearest whole share. The shares shall vest in full on July 1, 2027; provided, however, that in the event a director is up for re-election at the Issuer's next annual meeting of stockholders and is not elected to continue serving as a member of the board of directors at such annual meeting of stockholders, the shares shall be deemed fully vested on that annual meeting date.
Key Figures
Equity grant size: 23,311 shares
Shares in lieu of cash fees: 2,058 shares
Annual RSU award: 21,253 RSUs
+1 more
4 metrics
Equity grant size
23,311 shares
Class A Common Stock granted to director on July 1, 2026
Shares in lieu of cash fees
2,058 shares
Fully vested stock for Q2 2026 director compensation
Annual RSU award
21,253 RSUs
Non-Employee Director Compensation Policy grant
Post-transaction holdings
212,149 shares
Class A Common Stock directly held after grant
Key Terms
Restricted Stock Unit (RSU), Non-Employee Director Compensation Policy, fully-vested restricted stock, vest in full
4 terms
Restricted Stock Unit (RSU) financial
"represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
Non-Employee Director Compensation Policy financial
"under the Issuer's Non-Employee Director Compensation Policy"
fully-vested restricted stock financial
"represents the grant of fully-vested restricted stock that the Reporting Person elected to receive"
vest in full financial
"The shares shall vest in full on July 1, 2027"
FAQ
What insider transaction did Freshworks (FRSH) disclose for Roxanne S. Austin?
Freshworks disclosed that director Roxanne S. Austin received an equity compensation grant of 23,311 shares of Class A Common Stock, consisting of fully vested shares in lieu of cash fees and an annual Restricted Stock Unit award under the non-employee director policy.
What are the terms of Roxanne S. Austin’s RSU grant at Freshworks (FRSH)?
She received 21,253 Restricted Stock Units, each representing one share of Class A Common Stock upon settlement. These RSUs are scheduled to vest in full on July 1, 2027, with earlier full vesting if she stands for re-election and is not elected at the next annual meeting.
How were the Freshworks (FRSH) director equity amounts calculated for Roxanne S. Austin?
The number of shares and RSUs was determined by dividing the applicable equity value by the average closing price of Freshworks common stock over the 30 consecutive trading days immediately before July 1, 2026, and rounding down to the nearest whole share.