FRSH.NASDAQFreshworks INC

Form 4: Freshworks Director Barry L. Padgett Reports Stock Transactions

Sentiment:

SEC Form 4


Director Barry L. Padgett reports acquisition and disposal of Freshworks Inc. stock, including transactions involving Class A Common Stock and Restricted Stock Units.

Summary

  • On April 1, 2025, Barry L. Padgett, a director at Freshworks Inc., reported transactions involving the company's stock.
  • Padgett acquired 780 shares of Class A Common Stock at $0 and disposed of 780 shares at $14.09.
  • Following these transactions, Padgett directly owns 26,957 shares of Class A Common Stock.
  • Padgett also reported the vesting of 1,560 Restricted Stock Units (RSUs) which convert into Class B Common Stock.
  • Additionally, 780 shares of Class B Common Stock were converted to Class A Common Stock.
  • After these transactions, Padgett holds 80,469 shares of Class A Common Stock through conversions from Class B Common Stock and 7,810 shares of Class B Common Stock through RSUs.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key individuals within Freshworks.

Stakeholder Impact

  • The reported transactions provide shareholders with insight into the director's investment activities, which can influence investor sentiment.

Key Dates

DateDescription
08/28/2021Start date for RSU vesting over 48 months.
09/17/2024Date of adoption of Rule 10b5-1 trading plan.
03/28/2025Date of RSU vesting and conversion of Class B Common Stock.
04/01/2025Date of stock acquisition and disposal, and conversion of Class B Common Stock.
08/04/2031Expiration date of Restricted Stock Units.

Keywords

Freshworks, FRSH, Barry L. Padgett, Form 4, Stock Transactions, Class A Common Stock, Class B Common Stock, Restricted Stock Units, Director, Beneficial Ownership

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