Freshworks Inc.·4

Jul 6, 8:12 PM ET

Tickle Ian 4

Research Summary

AI-generated summary

Updated

Freshworks (FRSH) CRO Ian Tickle Sells Shares for Tax Withholding

What Happened

  • Ian Tickle, Chief Revenue Officer of Freshworks (FRSH), had a total of 20,?222 shares withheld/disposed to satisfy tax-withholding on vested restricted stock units (RSUs). The transactions occurred on July 1–2, 2026 and generated total proceeds of approximately $220,310.
  • Detailed transactions reported:
    • 2026-07-01: 6,263 shares withheld at $10.41 each — $65,198
    • 2026-07-01: 6,222 shares withheld at $10.41 each — $64,771
    • 2026-07-02: 1,635 shares withheld at $10.34 each — $16,906
    • 2026-07-02: 7,102 shares withheld at $10.34 each — $73,435
  • These were dispositions to satisfy tax obligations on vesting RSUs (routine, not an open-market buy/sell motivated by trading view).

Key Details

  • Transaction dates & prices: July 1–2, 2026; prices $10.41 and $10.34 per share as listed above.
  • Total proceeds: ~ $220,310 across four withholding transactions.
  • Shares owned after transaction: not disclosed in the provided filing.
  • Footnotes explain the source of withheld units:
    • F1: RSUs granted July 1, 2024
    • F2: RSUs granted July 1, 2025
    • F3: RSUs granted January 4, 2025
    • F4: RSUs granted January 2, 2026
  • Filing date: July 6, 2026. The July 1 transactions were reported after the typical two-business-day window and thus appear to be reported late relative to SEC Form 4 timing (check official filing for timeliness code).

Context

  • These transactions are tax-withholding actions tied to RSU vesting (often called "sell-to-cover" or units withheld). They are routine and do not necessarily signal the insider's view on company stock.
  • For retail investors, purchases are generally more informative about insider sentiment; tax-withhold disposals like this are common compensation-related actions.