Form 4: Freshworks Director Jennifer H. Taylor Acquires Shares in Lieu of Cash Compensation
SEC Form 4
Director Jennifer H. Taylor acquired 609 shares of Freshworks Inc. Class A Common Stock on April 1, 2025, as part of the company's Non-Employee Director Compensation Policy.
Summary
- On April 1, 2025, Jennifer H. Taylor, a director at Freshworks Inc., acquired 609 shares of Class A Common Stock.
- The acquisition was made in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy.
- The shares were fully vested restricted stock.
- The number of shares was calculated by dividing the applicable value of the equity by the average closing price of Freshworks' common stock over the 30 consecutive trading days immediately preceding April 1, 2025, rounded down to the nearest whole share.
- Following the transaction, Taylor directly owns 37,895 shares of Freshworks Inc. Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction of a director receiving stock compensation, which is generally viewed as a positive sign of alignment with shareholder interests.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
Industry Context
This is a standard practice for compensating non-employee directors with equity, aligning their interests with those of the shareholders.
Stakeholder Impact
- The transaction aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Jennifer H. Taylor acquired 609 shares of Class A Common Stock. |
| 04/03/2025 | Date of signature: Form 4 signed by Pamela Sergeeff, Attorney-in-Fact. |
Keywords
Freshworks, Director Compensation, Class A Common Stock, Form 4, Insider Trading, Equity Compensation, Jennifer H. Taylor
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