FRSH.NASDAQFreshworks INC

Form 4: Freshworks Executive Mika Yamamoto Sells Shares Under 10b5-1 Plan

Sentiment:

SEC Form 4 Filing


Mika Yamamoto, Chief Customer & Marketing Officer of Freshworks Inc., sold 3,574 shares of Class A Common Stock on April 1, 2025, at a weighted average price of $14.2 per share, according to a Form 4 filing with the SEC.

Summary

  • Mika Yamamoto, the Chief Customer & Marketing Officer of Freshworks Inc., reported a transaction involving the sale of Class A Common Stock.
  • The transaction occurred on April 1, 2025.
  • Yamamoto sold 3,574 shares at a weighted average price of $14.2 per share.
  • The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 17, 2024.
  • Following the transaction, Yamamoto directly owns 611,604 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an executive stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares over a period of time while avoiding concerns about insider trading.

Stakeholder Impact

  • The stock sale by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact given the relatively small number of shares sold and the existence of a pre-arranged trading plan.

Key Dates

DateDescription
September 17, 2024Date of adoption of the Rule 10b5-1 trading plan.
April 01, 2025Date of the stock sale transaction.
April 03, 2025Date of the Form 4 filing.

Keywords

Freshworks, FRSH, Mika Yamamoto, Form 4, SEC Filing, Stock Sale, 10b5-1 Trading Plan, Executive Stock Transaction, Class A Common Stock

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