Pelzer Francis J. 4

What Happened

• Francis J. Pelzer, a Freshworks director, was granted 21,253 Restricted Stock Units (RSUs) on July 1, 2026. The Form 4 reports the acquisition as 21,253 shares at $0.00 (award/grant), i.e., no cash purchase was made. These RSUs are a contingent right to receive one share of Class A common stock per RSU upon settlement.

Key Details

• Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (timely filing).
• Transaction code: A (award/grant).
• Grant reported: 21,253 RSUs; reported acquisition value at grant: $0.00 on the Form 4 (award, not a cash purchase).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: Grant is an annual RSU award under the Issuer's Non-Employee Director Compensation Policy. Number of RSUs was calculated by dividing the equity value by the average closing price over the 30 trading days before July 1, 2026 (rounded down). RSUs vest in full on July 1, 2027, but if the director faces re-election and is not re-elected at the next annual meeting, the RSUs become fully vested on that meeting date.

Context

• This is a standard non-employee director equity award (compensation), not an open‑market purchase or sale, so it should not be read as an immediate bullish or bearish trading signal. The economic benefit to the insider is contingent on future vesting and eventual settlement into shares.