Form 4: Freshworks Executive Chairman Mathrubootham Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Rathnagirish Mathrubootham, Executive Chairman of Freshworks Inc., disposed of shares to cover tax withholding obligations related to vesting RSUs.
Summary
- On March 1, 2025, Rathnagirish Mathrubootham, the Executive Chairman of Freshworks Inc., disposed of Class A Common Stock to cover tax obligations.
- A total of 15,259 shares were disposed of at a price of $17.06.
- An additional 35,680 shares were disposed of at a price of $17.06.
- Following these transactions, Mathrubootham directly owns 772,212 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as executives and directors. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The disposal of shares by the Executive Chairman to cover tax obligations may have a minor impact on shareholders due to the slight dilution of shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of original RSU grant |
| 03/01/2025 | Date of transaction (share disposal) |
| 03/04/2025 | Date of signature on the Form 4 filing |
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