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

Director Roxanne S. Austin sold 6,303 shares of Freshworks Inc. Class A Common Stock on July 9, 2024, at a weighted average price of $12.49 per share.

Summary

• On July 9, 2024, Roxanne S. Austin, a director of Freshworks Inc., sold 6,303 shares of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on March 11, 2024.
• The shares were sold at prices ranging from $12.38 to $12.68, with a weighted average price of $12.49.
• Following the transaction, Austin directly owns 229,409 shares of Freshworks Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction was executed under a pre-existing 10b5-1 trading plan. It doesn't necessarily reflect a positive or negative view of the company's future.

Industry Context

Sales by company insiders are routinely monitored by investors. While not inherently negative, large or frequent sales can sometimes signal a lack of confidence in the company's near-term prospects or simply reflect personal financial planning.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment.

Key Dates