Form 4: Freshworks Director Jennifer Taylor Reports Stock Transactions
SEC Form 4
Director Jennifer Taylor of Freshworks Inc. reports the acquisition and disposal of Class A Common Stock and transactions involving Restricted Stock Units.
Summary
- On March 11, 2024, Jennifer Taylor, a director at Freshworks Inc., acquired 7,028 shares of Class A Common Stock at $0 and disposed of 7,028 shares at $19.07.
- Following these transactions, Taylor directly owns 19,490 shares of Class A Common Stock.
- On March 10, 2024, Taylor exercised Restricted Stock Units (RSUs) converting them into 9,370 shares of Class B Common Stock and 7,028 shares of Class A Common Stock.
- After these transactions, Taylor directly owns 168,750 shares of Class B Common Stock, 126,581 shares of Class A Common Stock, and 119,553 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which is neutral in sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 2021-09-10 | Date from which 1/48th of the shares subject to the RSU will vest in equal monthly installments over 48 months. |
| 2023-05-09 | Date of adoption of Rule 10b5-1 trading plan. |
| 2024-03-10 | Date of Restricted Stock Units exercise and conversion of Class B Common Stock to Class A Common Stock. |
| 2024-03-11 | Date of Class A Common Stock acquisition and disposal. |
| 2024-03-12 | Date of signature by Attorney-in-Fact. |
| 2031-09-08 | Expiration date of Restricted Stock Units. |
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