FRSH.NASDAQFreshworks INC

Form 4: Freshworks CFO Tyler Sloat Reports Tax Withholding Share Disposals

Sentiment:

SEC Form 4 Filing


Tyler Sloat, CFO of Freshworks Inc., reports disposals of Class A Common Stock to cover tax obligations related to the settlement of Restricted Stock Units.

Summary

  • On May 1, 2025, Tyler Sloat, the Chief Financial & Operating Officer of Freshworks Inc., reported the disposal of shares of Class A Common Stock.
  • The disposals were executed to satisfy tax withholding obligations related to the settlement of Restricted Stock Units.
  • A total of 6,987 shares were disposed of at a price of $14.48, resulting in 1,088,687 shares owned.
  • Another 6,987 shares were disposed of at a price of $14.48, resulting in 1,081,700 shares owned.
  • An additional 10,994 shares were disposed of at a price of $14.48, resulting in 1,070,706 shares owned.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their impact on company stock ownership. This filing indicates standard practice of covering tax obligations related to equity compensation.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the slight dilution from the shares issued for the Restricted Stock Units, but the disposals are a normal part of executive compensation.

Key Dates

DateDescription
05/01/2025Date of the transactions (disposal of shares for tax withholding).
05/05/2025Date of signature by Attorney-in-Fact.

Keywords

Form 4, Freshworks, FRSH, Tyler Sloat, CFO, Tax Withholding, Restricted Stock Units, Class A Common Stock, Beneficial Ownership

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