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

Director Barry L. Padgett reports transactions involving Freshworks Inc. stock, including the vesting of restricted stock units and conversion of Class B Common Stock to Class A Common Stock.

Summary

• On April 28, 2025, Barry L. Padgett, a director of Freshworks Inc., reported transactions involving the company's stock.
• Padgett exercised restricted stock units (RSUs), converting them into 1,560 shares of Class B Common Stock.
• Additionally, 1,560 shares of Class B Common Stock were converted into Class A Common Stock.
• Following these transactions, Padgett directly owns 6,250 shares of Class B Common Stock and 82,029 shares of Class A Common Stock.
• The RSUs vest in equal monthly installments over 48 months following August 28, 2021.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for directors and officers of publicly traded companies.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in the director's holdings, but it's unlikely to be significant.

Key Dates

Keywords

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