Freshworks (NASDAQ: FRSH) CFO covers RSU tax obligations with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freshworks Inc. Chief Financial & Operating Officer Tyler Sloat reported routine tax-related share dispositions. On May 1, 2026, a total of 24,378 shares of Class A Common Stock were withheld at $8.75 per share to cover tax withholding obligations tied to the vesting of RSUs granted on May 1, 2022 and May 1, 2023. These Form 4 entries are coded "F," indicating payment of tax liabilities by delivering shares rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sloat Tyler
Role
Chief Financial & Oper Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 6,822 | $8.75 | $60K |
| Tax Withholding | Class A Common Stock | 6,822 | $8.75 | $60K |
| Tax Withholding | Class A Common Stock | 10,734 | $8.75 | $94K |
Holdings After Transaction:
Class A Common Stock — 1,804,711 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 May 1, 2022. Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on May 1, 2023.
Key Figures
Tax-withheld shares: 24,378 shares
First withholding block: 10,734 shares
Additional withholding blocks: 6,822 shares each
+2 more
5 metrics
Tax-withheld shares
24,378 shares
Total F-coded tax-withholding dispositions on May 1, 2026
First withholding block
10,734 shares
Class A Common Stock withheld for taxes at $8.75 per share
Additional withholding blocks
6,822 shares each
Two further F-coded tax-withholding entries at $8.75 per share
Reference share price
$8.75 per share
Valuation used for all tax-withholding transactions
Tax-withholding transactions
3 transactions
All coded F for payment of tax liability by delivering securities
Key Terms
Class A Common Stock, RSUs, tax withholding obligations, tax-withholding disposition, +1 more
5 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
RSUs financial
"vesting of RSUs previously granted to the Reporting Person"
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.
tax withholding obligations financial
"Units withheld to satisfy tax withholding obligations due in connection with the vesting"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Freshworks (FRSH) report for Tyler Sloat?
Freshworks reported routine tax-withholding dispositions for CFO Tyler Sloat. On May 1, 2026, 24,378 Class A shares were withheld at $8.75 each to satisfy tax obligations from RSU vesting, rather than being sold in the open market.
Do the Freshworks (FRSH) Form 4 entries indicate open-market selling by Tyler Sloat?
No, the entries reflect tax-withholding, not open-market sales. All transactions are coded “F,” meaning shares were delivered to satisfy tax liabilities from RSU vesting, rather than discretionary buying or selling in the market.
Which RSU grants triggered the Freshworks (FRSH) tax-withholding transactions?
The tax-withholding arose from RSUs granted on May 1, 2022 and May 1, 2023. Footnotes explain that units were withheld when those RSU awards vested, leading to the Form 4 entries for Tyler Sloat’s Class A shares.
What role does Tyler Sloat hold at Freshworks (FRSH) in this Form 4?
Tyler Sloat is listed as Chief Financial & Operating Officer. The Form 4 reflects his direct ownership transactions, where shares of Class A Common Stock were withheld to meet RSU-related tax obligations, consistent with his executive compensation arrangements.