Freshworks Exec Makes $2 Million Stock Purchase Amid Share Price Weakness

Freshworks exec Tyler Sloat purchased $2 million worth of shares, increasing his direct ownership to 1.1 million shares. This is his first open-market purchase on record, representing a 17.6% increase in his direct holding. Sloat's purchase came during a period of pronounced share price weakness, with the stock down 21.5% over the past year. The transaction highlights Sloat's confidence in the company's future prospects, despite the recent share price decline.