Form 4: Freshworks CFO Tyler Sloat Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Tyler Sloat, CFO of Freshworks Inc., disposed of shares to cover tax withholding obligations related to the settlement of Restricted Stock Units.
Summary
- On February 1, 2025, Tyler Sloat, the Chief Financial & Operating Officer of Freshworks Inc., reported the disposal of Class A Common Stock.
- The transactions were executed to satisfy tax withholding obligations in connection with the settlement of Restricted Stock Units.
- 5,301 shares were disposed of at a price of $18.6, and 7,747 shares were disposed of at a price of $18.6.
- Following these transactions, Sloat directly owns 794,827 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of executive compensation and are required by the SEC to ensure transparency in insider trading. This filing indicates transactions related to tax obligations from vested stock awards, which is a common practice.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of stock disposal transactions |
| 02/04/2025 | Date of signature on the Form 4 filing |
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