Sloat Tyler 4

What Happened
Tyler Sloat, Chief Financial Officer of Freshworks (FRSH), received a grant of 110,466 performance-based restricted stock units (PRSUs) on February 3, 2026. The filing reports the acquisition at $0.00 (a grant/award), meaning no cash was paid; the PRSUs are contingent rights to receive one share per unit upon certification that performance criteria are met.

Key Details

• Transaction date and price: 2026-02-03, grant recorded at $0.00 per unit.
• Number of units: 110,466 performance-based RSUs (each convertible to one share if performance conditions are met).
• Shares owned after transaction: Not disclosed in the provided filing.
• Vesting/settlement (per footnote): 1/3 vests in full on March 1, 2026; remaining 2/3 vest in equal quarterly installments thereafter; settlement governed by the company’s 2021 Equity Incentive Plan and subject to continued service through vesting and certification of performance.
• Filing timeliness: Reported on 2026-02-05 for a 2026-02-03 grant—appears filed within the standard two-business-day Form 4 window (no late-file flag indicated).

Context
This was an award/grant of performance-based equity, not an open-market purchase or sale. Such grants are compensation-related and contingent on achieving specified performance goals and continued service; they do not by themselves indicate immediate buying or selling intent.