Form 4: Freshworks Director Roxanne S. Austin Sells 6,303 Shares of Class A Common Stock

Director Roxanne S. Austin of Freshworks Inc. executed a sale of 6,303 shares of Class A Common Stock on August 9, 2024, according to a Form 4 filing with the SEC.

Summary

• On August 9, 2024, Roxanne S. Austin, a director of Freshworks Inc., sold 6,303 shares of Class A Common Stock.
• The sales were executed at a weighted average price of $11.22 per share, with individual transactions ranging from $11.15 to $11.27.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 11, 2024.
• Following the reported transaction, Austin directly owns 223,106 shares of Freshworks Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company directors and officers, which is important for investors to monitor.

Stakeholder Impact

• The stock sale by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons behind the sale.

Key Dates