Form 4: Freshworks Director Receives Stock as Compensation
Statement of Changes in Beneficial Ownership
Freshworks Inc. Director Sameer K. Gandhi acquired 1,040 shares of Class A Common Stock as part of his non-employee director compensation.
Summary
- Sameer K. Gandhi, a Director of Freshworks Inc. (FRSH), acquired 1,040 shares of Class A Common Stock.
- This acquisition occurred on October 1, 2025, and represents fully-vested restricted stock.
- The shares were received in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the third quarter of 2025.
- The number of shares was calculated by dividing the applicable value of the equity by the average closing price of our common stock over the 30 consecutive trading days immediately preceding October 1, 2025, rounded down to the nearest whole share.
- Following this transaction, Mr. Gandhi directly beneficially owns 63,291 shares of Class A Common Stock.
- He also indirectly beneficially owns 446,395 shares through The Potomac Trust, 526,084 shares through Potomac Investments L.P. Fund 1, 3,112,212 shares through Accel Leaders 3 L.P., 128,846 shares through Accel Leaders 3 Entrepreneurs L.P., and 185,733 shares through Accel Leaders 3 Investors (2020) L.P.
Sentiment
Score: 6
Explanation: The acquisition of shares by a director as compensation is a positive signal of alignment with shareholder interests, though it is a routine transaction and not indicative of extraordinary performance.
Positives
- Director Sameer K. Gandhi elected to receive 1,040 shares of fully-vested restricted stock in lieu of cash compensation, aligning his interests with shareholders.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of director compensation in the form of equity, a common practice across various industries, particularly in technology, to align executive and director incentives with shareholder value. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Increased alignment of director's interests with shareholder value through equity compensation.
Key Dates
| Date | Description |
|---|---|
| 09/21/2001 | Date of The Potomac Trust establishment. |
| 10/01/2025 | Date of transaction where Sameer K. Gandhi acquired 1,040 shares of Class A Common Stock. |
| 10/02/2025 | Date the Form 4 was signed by Pamela Sergeeff, Attorney-in-Fact. |
Recommendation
holdThis Form 4 filing details a routine equity grant to a non-employee director as part of their compensation policy. While it indicates alignment of interests, it does not provide new material information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this filing alone does not present a compelling reason to buy or sell.
Keywords
Freshworks, FRSH, Sameer K. Gandhi, Director Compensation, Insider Trading, Stock Grant, SEC Form 4, Equity Compensation
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