Form 4: Freshworks Director Barry L. Padgett Reports Stock Transactions
SEC Form 4 Filing
Director Barry L. Padgett reports acquisition and disposal of Freshworks Inc. Class A Common Stock on February 6, 2025, according to a Form 4 filing.
Summary
- On February 6, 2025, Barry L. Padgett, a director of Freshworks Inc., reported acquiring 780 shares of Class A Common Stock at $0 and disposing of 780 shares at $18.65.
- These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 17, 2024.
- Following these transactions, Padgett directly owns 26,957 shares of Class A Common Stock.
- Padgett also holds 78,904 shares of Class B Common Stock, each convertible into one share of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company directors and officers.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| September 17, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| February 06, 2025 | Date of stock acquisition and disposal |
Keywords
Form 4, Freshworks, Stock Transaction, Barry L. Padgett, Class A Common Stock, Class B Common Stock, Rule 10b5-1, Director
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