secwatch.observer — SEC 8-K summary
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Issuer:     Freshworks Inc. (FRSH)
CIK:        0001544522
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001544522-23-000009
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Freshworks board waives bonus recoupment for execs; CEO repays $61K
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- Board forgave ~$174K in Q1 2022 bonus advances for five officers after operating margin overachievement.
- CEO Mathrubootham declined waiver, will repay $61,151 via offset against 2023 bonuses.
- CFO Sloat waived $41,425; CMO Epstein $33,534; CPO Ramamurthy $37,479; former CRO Morales $78,904.
- Waiver recognized reallocation decisions that boosted margin but hindered net new ARR targets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1544522/000154452223000009/0001544522-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1544522/000154452223000009/frsh-20230214.htm
  HTML page:      https://secwatch.observer/filing/0001544522-23-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer