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

Freshworks Inc.'s Chief Product Officer, Ramamurthy Srinivasagopalan, reports the disposal of shares to cover tax obligations related to the settlement of Restricted Stock Units.

Summary

• On May 1, 2024, Ramamurthy Srinivasagopalan, Chief Product Officer of Freshworks Inc., reported changes in beneficial ownership of Class A Common Stock.
• The transactions involved the disposal of shares to satisfy tax withholding obligations related to the settlement of Restricted Stock Units.
• A total of 28,025 shares were disposed of at a price of $18.25 per share.
• Following these transactions, Srinivasagopalan directly owns 732,460 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates activity related to tax obligations from settled Restricted Stock Units, which is a common occurrence.

Stakeholder Impact

• The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the routine nature of the transaction.

Key Dates