Woodside Dennis 4
4 · Freshworks Inc. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Freshworks (FRSH) CEO Dennis Woodside Receives Award of 265,119 PRSUs
What Happened
Dennis Woodside, CEO & President and a director of Freshworks (FRSH), was granted 265,119 performance-based restricted stock units (PRSUs) on Feb 3, 2026. The award was reported as an A (award/grant) transaction with $0 cash paid on grant; the PRSUs convert to shares only if performance criteria are certified and vesting conditions are met.
Key Details
- Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (timely filed).
- Transaction type/code: Award/Grant (A); price paid: $0.00; units granted: 265,119 PRSUs.
- Shares owned after transaction: not disclosed in the filing.
- Footnote (F1): PRSUs are performance-based, each representing the contingent right to one share. One-third vests in full on March 1, 2026; the remaining two-thirds vest in equal quarterly installments thereafter, subject to certification of performance by the compensation committee and continued service. Settled under the Issuer’s 2021 Equity Incentive Plan.
Context
PRSUs are contingent awards that become shares only if performance goals are met and vesting conditions are satisfied; they require no cash outlay at grant and are common executive compensation/retention tools. This grant is an award, not an open-market purchase or sale, so it reflects compensation structure rather than an immediate trading signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-03+265,119→ 3,003,609 total
- 278,027(indirect: By Trust)
Class A Common Stock
Footnotes (1)
- [F1]Reflects the number of performance-based restricted stock units (PRSUs), each representing a contingent right to receive one share of the Issuer's Class A Common Stock, earned upon the certification of achievement of certain performance criteria by the Issuer's compensation committee. One-third (1/3) of the PRSUs will vest in full on March 1, 2026, and the remaining two-thirds (2/3) shall vest in equal quarterly installments thereafter, and will be settled pursuant to the terms of the Issuer's 2021 Equity Incentive Plan (as amended from time to time), in each case subject to the Reporting Person's continued service with the Issuer through each such vesting date.