Form 4: Freshworks Inc. Executive Ramamurthy Srinivasagopalan Reports Stock Disposals for Tax Obligations

Chief Product Officer of Freshworks Inc., Ramamurthy Srinivasagopalan, reports disposals of Class A Common Stock to cover tax withholding obligations.

Summary

• On August 1, 2024, Ramamurthy Srinivasagopalan, Chief Product Officer of Freshworks Inc., disposed of 9,244 shares of Class A Common Stock at a price of $11.97.
• Additionally, on the same day, he disposed of another 11,384 shares of Class A Common Stock, also at $11.97.
• These disposals were to satisfy tax withholding obligations related to the settlement of Restricted Stock Units.
• Following these transactions, Srinivasagopalan directly owns 705,250 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, which is a routine transaction.

Industry Context

This filing is a routine disclosure related to executive stock transactions and is common for publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small number of shares involved compared to the total outstanding shares.

Key Dates