AUSTIN ROXANNE S 4
4 · Freshworks Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Freshworks (FRSH) Director Roxanne S. Austin Receives Award
What Happened Roxanne S. Austin, a member of Freshworks’ board of directors, received an equity award on July 1, 2026 totaling 23,311 shares. The Form 4 reports acquisition code A (award/grant) at $0.00 per share (no cash paid). The award consists of 2,058 fully-vested restricted stock shares issued in lieu of cash director fees and 21,253 restricted stock units (RSUs) that are a contingent right to one share each upon settlement.
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (timely Form 4 filing).
- Reported acquisition: 23,311 shares at $0.00 (code A).
- Breakdown per footnotes: 2,058 fully vested restricted shares (elected in lieu of cash); 21,253 RSUs granted as annual director award.
- RSU vesting: RSUs vest in full on July 1, 2027, except they vest earlier if the director is up for re-election at the next annual meeting and is not re-elected (they vest on that meeting date).
- Number of shares owned after the transaction: not stated in the provided filing details.
- Calculation method: the number of shares/RSUs was determined by dividing the applicable equity value by the 30-day average closing price ending July 1, 2026, rounded down.
Context This was a routine director compensation grant (part cash election and part RSUs), not an open-market purchase or sale. RSUs are a deferred-equity award that converts into shares upon vesting/settlement; the vested restricted shares received in lieu of cash are immediately owned. Such grants are common for non-employee directors and do not, by themselves, indicate a buy or sell sentiment.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-07-01+23,311→ 212,149 total
Footnotes (2)
- [F1]With respect to 2,058 shares, represents the grant of fully-vested restricted stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy. Grant reflects director compensation for the second quarter of 2026. The number of shares received in lieu of cash was calculated by dividing the applicable value of the equity by the average closing price of our common stock over the 30 consecutive trading days immediately preceding July 1, 2026, rounded down to the nearest whole share.
- [F2]With respect to 21,253 shares, represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy. Each of these RSUs represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The number of RSUs granted was calculated by dividing the applicable value of the equity by the average closing price of our common stock over the 30 consecutive trading days immediately preceding July 1, 2026, rounded down to the nearest whole share. The shares shall vest in full on July 1, 2027; provided, however, that in the event a director is up for re-election at the Issuer's next annual meeting of stockholders and is not elected to continue serving as a member of the board of directors at such annual meeting of stockholders, the shares shall be deemed fully vested on that annual meeting date.