FRSH.NASDAQFreshworks INC

Form 4: Freshworks CFO Tyler Sloat Sells Shares for Tax Obligations

Sentiment:

Insider Transaction Report


Freshworks Inc.'s Chief Financial and Operating Officer, Tyler Sloat, disposed of 29,461 shares of Class A Common Stock to cover tax withholding obligations related to RSU vesting.

Summary

  • Tyler Sloat, Chief Financial and Operating Officer of Freshworks Inc., disposed of a total of 29,461 shares of Class A Common Stock.
  • The shares were disposed of on September 1, 2025, at a price of $13.47 per share.
  • These dispositions were made to satisfy tax withholding obligations arising from the vesting of Restricted Stock Units (RSUs).
  • RSUs vesting on March 1, 2024, and March 1, 2025, triggered these tax obligations.
  • Following these transactions, Sloat beneficially owns 995,610 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes upon RSU vesting, which is a neutral event with no direct positive or negative implications for the company's operational performance or future prospects.

Industry Context

This is a routine insider transaction for tax purposes, common across all industries when executive compensation includes Restricted Stock Units (RSUs) that vest over time. It does not reflect a change in company strategy or operational performance relative to industry trends.

Stakeholder Impact

  • Shareholders: Minimal direct impact as this is a routine, non-discretionary sale for tax purposes, not indicative of a change in management's view of the company's prospects.
  • Employees: No direct impact beyond the reporting person.

Key Dates

DateDescription
March 1, 2024Vesting date of Restricted Stock Units (RSUs) for which tax withholding obligations were satisfied.
March 1, 2025Vesting date of Restricted Stock Units (RSUs) for which tax withholding obligations were satisfied.
September 1, 2025Date of disposition of Class A Common Stock to satisfy tax withholding obligations.
September 2, 2025Signature date of the reporting person's attorney-in-fact.

Keywords

Freshworks, FRSH, Tyler Sloat, Form 4, Insider Transaction, Stock Sale, RSU Vesting, Tax Withholding, Class A Common Stock

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