Form 4: Freshworks Inc. Executive Ramamurthy Srinivasagopalan Reports Changes in Beneficial Ownership

Freshworks Inc.'s Chief Product Officer, Ramamurthy Srinivasagopalan, reports transactions involving Class A and Class B Common Stock, including the vesting and tax withholding of Restricted Stock Units.

Summary

• On July 1, 2024, Srinivasagopalan Ramamurthy, Chief Product Officer of Freshworks Inc., reported changes in beneficial ownership of the company's stock.
• These changes involve transactions related to Class A Common Stock and Restricted Stock Units (RSUs).
• 11,761 shares of Class A Common Stock were acquired at $0 and then 11,761 shares were disposed of to cover tax obligations.
• 21,880 Restricted Stock Units vested and were converted to Class B Common Stock, which were then converted to Class A Common Stock.
• Following these transactions, Ramamurthy directly owns 725,878 shares of Class A Common Stock and 434,464 shares of Class B Common Stock, as well as 65,620 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is common for executives to receive stock options and RSUs as part of their compensation, and their transactions are closely monitored by investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• Employees holding RSUs may be interested in the vesting schedule and conversion terms.

Key Dates