Form 4: Freshworks Inc. Director Flower Reports Stock Transactions
SEC Form 4 Filing
Director Johanna Flower reports acquisition of restricted stock units and conversion of Class B Common Stock into Class A Common Stock.
Summary
- On May 2, 2025, Johanna Flower, a director of Freshworks Inc., reported transactions involving the company's stock.
- Flower acquired 1,560 Restricted Stock Units (RSUs) which convert into Class B Common Stock.
- These RSUs vest in equal monthly installments over 48 months following September 2, 2021.
- Flower also converted 1,560 shares of Class B Common Stock into Class A Common Stock.
- Following these transactions, Flower directly owns 6,250 shares of Class B Common Stock and 156,950 shares of Class A Common Stock.
- The transactions were reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions by a company director.
Future Outlook
The document does not contain specific forward-looking statements, but the vesting schedule of the RSUs indicates continued service is required for full vesting.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, such as directors, reporting transactions in their company's stock. It provides transparency to the market regarding the actions of company leadership.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The vesting schedule of the RSUs (48 months) is a common vesting period in the tech industry.
- Companies like Salesforce, Zoom, and Atlassian also have similar insider transaction reporting requirements and RSU vesting schedules for their employees and directors.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders by slightly increasing the number of Class A Common Stock shares outstanding.
- The vesting of RSUs incentivizes the director to continue providing service to the company, which could benefit stakeholders.
Key Dates
| Date | Description |
|---|---|
| 2021-09-02 | Vesting start date for Restricted Stock Units, vesting monthly over 48 months. |
| 2025-05-02 | Date of reported transactions: acquisition of RSUs and conversion of Class B to Class A Common Stock. |
| 2025-05-05 | Date of signature on the Form 4 filing. |
| 2031-08-04 | Expiration date for the Restricted Stock Units. |
Keywords
Freshworks Inc., Johanna Flower, Form 4, SEC, Stock Transactions, Restricted Stock Units, Class B Common Stock, Class A Common Stock, Director
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