Lawrence Philippa 4
4 · Freshworks Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Freshworks (FRSH) CAO Lawrence Philippa Surrenders 14,363 Shares
What Happened
Lawrence Philippa, Chief Accounting Officer of Freshworks (FRSH), had 14,363 shares withheld to satisfy tax withholding obligations related to vested restricted stock units (RSUs). The withheld shares were recorded at $7.82 each, for a total value of $112,319. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-01; filing date: 2026-03-03 (appears timely under Form 4 rules).
- Shares withheld/disposed: 14,363 at $7.82 per share; total value $112,319.
- Transaction code: F — units withheld to satisfy tax withholding on RSU vesting.
- Footnote: Withholding relates to RSUs granted to the reporting person on September 1, 2024 (per footnote F1).
- Shares owned after transaction: not specified in the provided filing.
Context
Code F transactions reflect tax withholding on equity awards (net-share or cashless settlement) and are routine administrative events when RSUs vest; they do not indicate an open-market sale or necessarily reflect the insider’s view of the company. For retail investors, purchases are typically more informative about insider sentiment than routine withholdings.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-03-01$7.82/sh−14,363$112,319→ 496,120 total
Footnotes (1)
- [F1]Units withheld to satisfy tax withholding obligations due in connection with the vesting of RSUs previously granted to the Reporting Person on September 1, 2024.