Freshworks (FRSH) CFO has 21,763 RSU shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freshworks Inc. Chief Financial & Operating Officer Tyler Sloat reported four F-code transactions on Class A common stock. A total of 21,763 shares were withheld at $10.68 per share to cover tax obligations from vesting RSUs granted in 2024 and 2025. After these tax-withholding dispositions, he holds 1,783,206 shares directly, indicating a routine compensation-related event rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Sloat Tyler
Role
Chief Financial & Oper Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 6,072 | $10.68 | $65K |
| Tax Withholding | Class A Common Stock | 3,549 | $10.68 | $38K |
| Tax Withholding | Class A Common Stock | 7,578 | $10.68 | $81K |
| Tax Withholding | Class A Common Stock | 4,564 | $10.68 | $49K |
Holdings After Transaction:
Class A Common Stock — 1,783,206 shares (Direct, null)
Footnotes (1)
- Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on March 1, 2024. Includes 2,123 shares of Class A common stock purchased pursuant to the Issuer's Employee Stock Purchase Plan (ESPP) for the ESPP purchase period from November 17, 2025 through May 15, 2026. This transaction is exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's Class A common stock on May 15, 2026. Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on March 1, 2025.
Key Figures
Tax-withheld shares: 21,763 shares
Withholding price: $10.68 per share
Post-transaction holdings: 1,783,206 shares
+2 more
5 metrics
Tax-withheld shares
21,763 shares
Total F-code tax-withholding dispositions on Class A common stock
Withholding price
$10.68 per share
Transaction price for each F-code disposition
Post-transaction holdings
1,783,206 shares
Direct Class A common stock held after final transaction
Tax-withholding transactions
4 entries
Number of F-code tax-withholding dispositions reported
Tax-withholding shares (summary)
21,763 shares
TaxWithholdingShares in transactionSummary
Key Terms
RSUs, Employee Stock Purchase Plan, tax withholding obligations, F-code transaction
4 terms
RSUs financial
"due in connection with the vesting of RSUs previously granted"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Employee Stock Purchase Plan financial
"purchased pursuant to the Issuer's Employee Stock Purchase Plan (ESPP)"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding obligations financial
"Units withheld to satisfy tax withholding obligations due in connection"
F-code transaction financial
"transaction_code": "F","transaction_type": "non-derivative""
FAQ
What did Freshworks (FRSH) executive Tyler Sloat report in this Form 4?
Tyler Sloat reported four F-code transactions where shares of Class A common stock were withheld to cover tax obligations from vesting RSUs. These are compensation-related entries, not open-market trades, and reflect routine tax settlement on equity awards.
Were these Freshworks (FRSH) transactions open-market sales or routine tax withholding?
These were routine tax-withholding dispositions, not open-market sales. The Form 4 uses transaction code F and explains that units were withheld to satisfy tax obligations stemming from RSU vesting, which is a standard mechanism for paying related taxes.
What RSU grants are referenced in this Freshworks (FRSH) Form 4 filing?
The footnotes state that the withheld units relate to RSUs previously granted to Tyler Sloat on March 1, 2024 and March 1, 2025. The vesting of these RSUs triggered tax liabilities that were settled by delivering shares back to the issuer.