Woodside Dennis 4

What Happened
Dennis Woodside, CEO, President and a director of Freshworks (FRSH), made an open-market purchase of 125,000 shares on 2026-03-02 at a weighted average price of $7.9469 (reported as $7.95), for a total cash outlay of $993,750. Separately, on 2026-03-01 Woodside had 124,297 shares withheld (F transactions) to satisfy tax-withholding obligations related to vested RSUs; those withheld units were reported at $7.82 each, aggregating to $972,002. The withholdings are tax-related dispositions, not open-market sales.

Key Details

• Transaction types: P = open-market purchase (125,000 shares), F = units withheld for tax withholding (five withholding entries totaling 124,297 shares).
• Purchase: 125,000 shares at weighted-average $7.9469 (reported $7.95), total ~$993,750; executed in multiple trades at prices ranging $7.75–$8.00 (see footnote F4).
• Withholdings: 53,686; 15,178; 6,270; 17,631; and 31,532 shares withheld at $7.82 each (footnotes F1–F3 explain these were RSU tax withholdings for grants dated 9/1/2022, 3/1/2024 and 3/1/2025).
• Net effect (based on reported figures): +125,000 acquired vs. 124,297 withheld → net increase of 703 shares.
• Filing: Report filed 2026-03-03 covering transactions on 2026-03-01 and 2026-03-02 (no late-filing indication in the supplied data).
• Footnote F4: purchase price is a weighted average; full breakdown by trade price is available on request to the issuer, SEC staff, or security holders.

Context

• The F-code transactions are routine tax-withholding dispositions tied to RSU vesting (not open-market sales) and therefore are typically administrative rather than an indicator of selling pressure.
• The open-market purchase (P) is a direct cash purchase and is generally considered a clearer “buy” signal than withholding transactions — here the purchase and the withholdings nearly offset, producing only a small net increase in reported holdings.