Freshworks founder Ratna Girish Mathrubootham has sold shares worth $40 million on the Nasdaq, according to the company’s filing with the U.S. Securities and Exchange Commission.
The sale took place on Dec. 18 and 19, the filing said.
On December 18, Mathrubootham sold 8.35 lakh shares worth $14 million. According to the filing, he sold 16.6 lakh shares worth $26 million the next day.
Mathrubootham, who founded the Chennai/US-based SaaS company 14 years ago, handed over the reins to president Dennis Woodside in May.
