Form 4: Freshworks Director Jennifer Taylor Sells 4,690 Shares of Class A Common Stock
SEC Form 4 Filing
Director Jennifer Taylor of Freshworks Inc. executed a sale of 4,690 shares of Class A Common Stock at an average price of $17.25 on February 13, 2025, while also acquiring 4,690 shares at $0.
Summary
- On February 13, 2025, Jennifer Taylor, a director at Freshworks Inc., sold 4,690 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $17.25 per share, with individual transactions ranging from $16.99 to $17.86.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on February 28, 2024.
- Following the reported transaction, Taylor directly owns 37,286 shares of Class A Common Stock.
- Taylor also acquired 4,690 shares of Class A Common Stock at $0.
- Additionally, Taylor holds 164,085 derivative securities related to Class B Common Stock, each convertible to Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the trading activities of company executives and directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| February 28, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| February 13, 2025 | Date of transaction (sale and acquisition of shares) |
| February 18, 2025 | Date of signature on the Form 4 filing |
Keywords
Freshworks, FRSH, Jennifer Taylor, Class A Common Stock, Class B Common Stock, Form 4, SEC, Director, Sale, Rule 10b5-1, Trading Plan
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