Form 4: Freshworks Director Roxanne S. Austin Receives Stock Grant in Lieu of Cash Compensation

Roxanne S. Austin, a director at Freshworks Inc., acquired 1,000 shares of Class A Common Stock on April 1, 2025, as part of her director compensation.

Summary

• On April 1, 2025, Roxanne S. Austin, a director of Freshworks Inc., acquired 1,000 shares of Class A Common Stock.
• The acquisition was a grant of fully-vested restricted stock received in lieu of cash compensation under the company's Non-Employee Director Compensation Policy.
• The number of shares was calculated by dividing the applicable value of the equity by the average closing price of Freshworks' common stock over the 30 trading days preceding April 1, 2025.
• Following the transaction, Austin directly owns 182,192 shares of Freshworks Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and ongoing governance structure. The director accepting stock in lieu of cash is a positive sign.

Positives

• The acceptance of stock in lieu of cash compensation demonstrates the director's confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Director compensation packages often include equity to align the interests of directors with those of shareholders. This grant is part of Freshworks' established Non-Employee Director Compensation Policy.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Freshworks, Director Compensation, Stock Grant, Form 4, Beneficial Ownership, Roxanne S. Austin, FRSH