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

Mika Yamamoto, Chief Customer and Marketing Officer of Freshworks Inc., sold 2,859 shares of Class A Common Stock on February 3, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 3, 2025, Mika Yamamoto, the Chief Customer and Marketing Officer of Freshworks Inc., sold 2,859 shares of Class A Common Stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on September 17, 2024.
• The shares were sold at a weighted average price of $18.29, with individual transactions ranging from $17.84 to $18.48 per share.
• Following the transaction, Yamamoto directly owns 397,390 shares of Freshworks Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral. It's a routine disclosure of a pre-planned stock sale by an executive. It doesn't inherently indicate positive or negative sentiment towards the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information. The sale itself doesn't necessarily indicate a negative outlook for the company.

Stakeholder Impact

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

Key Dates