Form 4: Freshworks Director Zachary Nelson Reports Stock Transactions

Director Zachary Nelson of Freshworks Inc. reports the acquisition and disposal of Class A Common Stock and transactions involving Restricted Stock Units.

Summary

• On May 2, 2025, Zachary Nelson, a director at Freshworks Inc., acquired 8,433 shares of Class A Common Stock at $0.
• On the same day, Nelson sold 8,433 shares of Class A Common Stock at a weighted average price of $14.69, with prices ranging from $14.52 to $14.85.
• Following these transactions, Nelson directly owns 24,890 shares of Class A Common Stock.
• On May 1, 2025, Nelson converted 9,370 Restricted Stock Units (RSUs) into Class B Common Stock.
• Nelson also converted 9,370 shares of Class B Common Stock into Class A Common Stock.
• Following these derivative transactions, Nelson directly owns 104,579 shares of Class A Common Stock and 37,500 Restricted Stock Units.
• The sales were executed under a Rule 10b5-1 trading plan adopted on February 10, 2024.
• The RSUs vest in equal monthly installments over 48 months following September 1, 2021.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the director's trading activity.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's common for directors and officers to have pre-arranged trading plans like Rule 10b5-1 to manage their stock transactions.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders as it can provide insights into their confidence in the company's prospects.

Key Dates

Keywords

Freshworks, Zachary Nelson, Form 4, Stock Transactions, Class A Common Stock, Restricted Stock Units, Rule 10b5-1, Director