Form 4: Freshworks Director Roxanne S. Austin Sells Shares Under 10b5-1 Plan

Director Roxanne S. Austin of Freshworks Inc. sold 6,298 shares of Class A Common Stock at an average price of $15.28 on March 10, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 10, 2025, Roxanne S. Austin, a director of Freshworks Inc., sold 6,298 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $15.28 per share.
• The transactions occurred within a price range of $15.17 to $15.54 per share.
• The sale was conducted under a Rule 10b5-1 trading plan adopted on March 11, 2024.
• Following the transaction, Roxanne S. Austin directly owns 181,192 shares of Freshworks Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction was part of a pre-planned trading arrangement (Rule 10b5-1) and doesn't necessarily reflect the director's current outlook on the company.

Industry Context

Insider transactions are routinely monitored by investors as they can provide signals, though not always definitive, about a company's prospects. Sales under 10b5-1 plans are less indicative of immediate sentiment as they are pre-arranged.

Stakeholder Impact

• The sale of shares by a director may cause some short-term concern among shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates