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 August 5, 2024, according to a Form 4 filing.
Summary
- On August 5, 2024, Barry L. Padgett, a director at Freshworks Inc., engaged in transactions involving the company's stock.
- Padgett acquired 780 shares of Class A Common Stock at $0.
- Concurrently, Padgett disposed of 780 shares of Class A Common Stock at a price of $11.
- Following these transactions, Padgett directly owns 26,957 shares of Class A Common Stock.
- Padgett also indirectly owns 74,219 derivative securities representing Class A Common Stock.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 14, 2023.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.
Key Dates
| Date | Description |
|---|---|
| 09/14/2023 | Adoption date of the Rule 10b5-1 trading plan. |
| 08/05/2024 | Date of the stock transactions (acquisition and disposal). |
| 08/07/2024 | Date of signature for the Form 4 filing. |
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