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

Director Roxanne S. Austin of Freshworks Inc. sold 6,303 shares of Class A Common Stock at an average price of $14.75 on May 9, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 9, 2025, 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 $14.66 to $14.81, with a weighted average price of $14.75 per share.
• Following the transaction, Austin directly owns 169,586 shares of Freshworks Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan and doesn't necessarily indicate a positive or negative outlook on the company.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, which is a legal and transparent way for insiders to sell shares.

Industry Context

Sales by insiders are a common occurrence and are often viewed in the context of pre-planned trading activities rather than a reflection of the company's current performance or future prospects.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact given the pre-planned nature of the transaction.

Key Dates

Keywords

Freshworks, Director, Share Sale, Form 4, Rule 10b5-1, Insider Trading, FRSH, Roxanne S. Austin