Lawrence Philippa 4

What Happened

• Lawrence Philippa, Chief Accounting Officer of Freshworks (FRSH), had 6,289 shares (2,128 and 4,161-share tranches) disposed on April 2, 2026 to satisfy tax withholding associated with vested RSUs. Both tranches were recorded at $8.32 per share, totaling approximately $52,325 in aggregate value.

Key Details

• Transaction date: April 2, 2026. Price per share: $8.32.
• Shares disposed: 2,128 shares (≈ $17,705) and 4,161 shares (≈ $34,620) — total 6,289 shares (≈ $52,325).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: Units were withheld to satisfy tax withholding on RSUs granted to Philippa on Feb 13, 2025 (F1) and Jan 2, 2026 (F2).
• Filing date/timeliness: Form 4 filed April 3, 2026 reporting the April 2 transaction — appears timely.

Context

• This was a tax-withholding disposition (transaction code F), a routine administrative action when restricted stock units vest. Shares were withheld/cancelled to cover tax obligations rather than sold in an open-market trade; such transactions typically do not signal a change in the insider’s market view.