Form 4: Freshworks Director Johanna Flower Reports Transaction in Beneficial Ownership

Johanna Flower, a director at Freshworks Inc., reported a transaction involving Restricted Stock Units converting into Class B Common Stock, according to a Form 4 filing with the SEC.

Summary

• On November 5, 2024, Johanna Flower, a director of Freshworks Inc., filed a Form 4 with the SEC.
• The filing reports a transaction on November 2, 2024, involving the conversion of Restricted Stock Units (RSUs) into Class B Common Stock.
• Specifically, 1,570 RSUs were converted, resulting in Ms. Flower acquiring 1,570 shares of Class B Common Stock.
• The price per share for this conversion was $0.
• Following the reported transaction, Ms. Flower directly owns 15,620 shares of Class B Common Stock and 171,180 shares of Class A Common Stock.
• The filing also includes a Power of Attorney, effective October 22, 2024, authorizing several individuals to act on Ms. Flower's behalf in matters related to Section 16(a) of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their beneficial ownership of company securities, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates