Lawrence Philippa 4
Research Summary
AI-generated summary
Freshworks (FRSH) CAO Lawrence Philippa Sells 10,530 Shares
What Happened
- Lawrence Philippa, Chief Accounting Officer of Freshworks Inc. (FRSH), sold 10,530 shares on June 17, 2026. The reported weighted-average sale price was $9.18 per share, for total proceeds of approximately $96,665. This was a sale (not a purchase), executed under a pre-established 10b5-1 trading plan.
Key Details
- Transaction date: June 17, 2026
- Transaction type/code: Sale (S) — open-market or private sale
- Reported weighted-average price: $9.18 per share; price range across trades: $8.97 to $9.53
- Total reported proceeds: ~$96,665
- Shares owned after transaction: Not specified in the summary filing (see the Form 4 for holdings)
- Footnotes: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 18, 2026. The filing notes the reported price is a weighted average and the reporter can provide a per-price breakdown on request.
- Filing timeliness: No late filing indicated (filed June 18, 2026, reporting transaction on June 17, 2026).
Context
- Sales conducted under a 10b5-1 plan are typically pre-arranged and do not necessarily reflect the insider’s current view of the company. As a sale, this is generally considered routine insider selling rather than a bullish signal. For full details (including post-transaction holdings and any additional transactions), consult the complete Form 4 filing.