CAO Philippa Lawrence sells $699K of stock

What did Freshworks Inc. announce?

Chief Accounting Officer Philippa Lawrence sold 52,767 shares for a total of $699,162.75 under a 10b5-1 plan.

Key details

• Philippa Lawrence, the Chief Accounting Officer, sold shares.
• A total of 52,767 shares were sold.
• The total value of the transaction was $699,162.75.
• The sale was made under a pre-arranged 10b5-1 trading plan.

Why it matters

This 4 reports an insider transaction at Freshworks Inc.. The likely share-price reaction reads as negative.