Form 4: Freshworks Director Johanna Flower Reports Stock Transactions

Director Johanna Flower of Freshworks Inc. reports the acquisition and disposition of Class A Common Stock on May 10, 2024, according to a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 10, 2024, Johanna Flower, a director at Freshworks Inc., engaged in transactions involving the company's stock.
• Flower acquired 4,800 shares of Class A Common Stock at $0.
• Simultaneously, Flower disposed of 4,800 shares of Class A Common Stock at a weighted average price of $13.74, with prices ranging from $13.65 to $13.93.
• These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 14, 2023.
• Following these transactions, Flower directly owns 23,998 shares of Class A Common Stock and indirectly owns 166,600 derivative securities representing Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors about the trading activities of key personnel. It is common practice for executives and directors to utilize 10b5-1 trading plans to avoid accusations of insider trading.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider trading activity.
• The transactions may have a minor impact on stock price due to the volume of shares traded.

Key Dates