Form 4: Freshworks Director Barry L. Padgett Reports Stock Transactions
SEC Form 4 Filing
Director Barry L. Padgett of Freshworks Inc. reports the acquisition and disposal of Class A Common Stock on December 17, 2024, according to a Form 4 filing.
Summary
- On December 17, 2024, Barry L. Padgett, a director at Freshworks Inc., engaged in transactions involving the company's stock.
- Padgett acquired 2,345 shares of Class A Common Stock at $0 and disposed of 2,345 shares at $17.3.
- Following these transactions, Padgett directly owns 26,957 shares of Class A Common Stock.
- Padgett also holds 77,344 shares of Class B Common Stock, each convertible into one share of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports facts.
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 company directors and officers, which can sometimes provide insights into their perspectives on the company's prospects.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the trading activity of a company director.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 12/17/2024 | Date of stock acquisition and disposal |
| 12/19/2024 | Date of signature on the Form 4 filing |
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