Freshworks Inc.: chief accounting officer Lawrence Philippa sold 9,657 shares

What happened

• The filing reports that Lawrence Philippa, chief accounting officer, disposed of 9,657 shares in three transactions totaling $124,115. Two dispositions of 2,086 shares ($26,659) and 4,079 shares ($52,130) occurred on Oct 2, 2026 at $12.78 per share (tax withholding). A sale of 3,492 shares on Oct 5, 2026 was reported at a weighted average price of $12.98 per share for $45,326.

Key details

• Transaction dates and prices:
  • Oct 2, 2026: 2,086 shares withheld at $12.78 for $26,659 (F).
  • Oct 2, 2026: 4,079 shares withheld at $12.78 for $52,130 (F).
  • Oct 5, 2026: 3,492 shares sold in the open market at a weighted average price of $12.98 for $45,326; prices ranged from $12.81 to $13.20 (F4).
• Shares owned after the transaction: the filing does not report shares owned after these transactions.
• Footnotes that matter:
  • F1/F2: units were withheld to satisfy tax withholding obligations related to RSU vesting (grants dated Feb 13, 2025 and Jan 2, 2026).
  • F3: the Oct 5, 2026 sale was effected pursuant to a Rule 10b5-1 trading plan adopted Mar 18, 2026.
  • F4: the reported Oct 5 price is a weighted average; sales occurred at prices from $12.81 to $13.20.
• Filing timeliness: the filing does not state that it was filed late.

Why it may matter

• The Oct 2 transactions were tax withholding related to RSU vesting (not open-market purchases). The Oct 5 transaction was an open-market sale under a Rule 10b5-1 plan.
• The filing does not show why the insider traded or why the company acted.