Taylor Jennifer H 4

What Happened

• Jennifer H. Taylor, a director of Freshworks, received a grant of 22,299 shares on 2026-07-01 (recorded at $0 cash cost on the Form 4) and sold 6,618 shares on 2026-07-02 for a weighted average price of $10.44, totaling approximately $69,092.
• The 22,299-share grant consisted of 1,046 fully-vested restricted shares issued in lieu of cash director compensation and 21,253 RSUs that vest in full on July 1, 2027 (see footnotes). The sale was effected under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction dates: Award on 2026-07-01; Sale on 2026-07-02.
• Sale price/details: Weighted average $10.44; sales executed at prices between $10.33 and $10.53 per share. Total proceeds ≈ $69,092.
• Grant breakdown: 1,046 fully vested restricted shares in lieu of cash (Q2 2026 director comp); 21,253 RSUs vesting 7/1/2027. Grant amounts were calculated using the 30-day average closing price before 7/1/2026.
• Sales plan: Disposition executed pursuant to a Rule 10b5-1 trading plan adopted March 20, 2026.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Reported period 2026-07-01 and filed 2026-07-02—appears timely (no late filing indicated).

Context

• The award is compensation: RSUs are a contingent right to receive shares at settlement (vesting 7/1/2027), while the small block of vested shares was taken instead of cash pay. Such grants are routine director compensation.
• The sale under a 10b5-1 plan indicates the disposition was pre-planned and not necessarily a real-time signal about the director’s view of the company. The cash proceeds (~$69k) are modest relative to many insider transactions.