Form 4: Freshworks Executive Chairman Mathrubootham Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Executive Chairman of Freshworks, Rathnagirish Mathrubootham, reports a transaction involving the withholding of shares to cover tax obligations related to the settlement of Restricted Stock Units.
Summary
- On June 1, 2024, Rathnagirish Mathrubootham, the Executive Chairman of Freshworks Inc., had 15,259 Class A Common Stock shares withheld by the issuer to satisfy tax obligations.
- The shares were withheld in connection with the settlement of Restricted Stock Units.
- Following the transaction, Mathrubootham directly owns 605,173 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of transaction where shares were withheld for tax obligations. |
| 06/04/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.