Form 4: Freshworks Director Receives Restricted Stock
Statement of Changes in Beneficial Ownership
Freshworks Inc. reports that Director Roxanne S. Austin received restricted stock as compensation for the first quarter of 2026.
Summary
- Roxanne S. Austin, a Director at Freshworks Inc., received 2,437 shares of Class A Common Stock on April 1, 2026.
- This stock grant was in lieu of cash compensation under the company's Non-Employee Director Compensation Policy for the first quarter of 2026.
- The number of shares was determined by dividing the equity value by the average closing stock price over the 30 trading days prior to April 1, 2026, rounded down.
- Following this transaction, Ms. Austin beneficially owns 188,838 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation event for a director rather than a significant strategic or financial development.
Positives
- Director compensation is being provided in equity, aligning director interests with shareholders.
- The transaction reflects the company's established Non-Employee Director Compensation Policy.
- The reporting person has a significant direct beneficial ownership of 188,838 shares.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that the use of equity compensation for directors is a common practice in the technology sector, aiming to align executive and director interests with long-term shareholder value.
Stakeholder Impact
- Shareholders: The equity grant aligns director compensation with shareholder interests, potentially fostering long-term value creation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Transaction date for the grant of restricted stock and earliest transaction date. |
| 04/02/2026 | Date of signature for the filing. |
Keywords
Freshworks Inc., FRSH, Form 4, Director Compensation, Restricted Stock, Equity Compensation, Beneficial Ownership, Roxanne S. Austin
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