Backblaze (NASDAQ: BLZE) awards 19,306 RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
D An Evelyn reported acquisition or exercise transactions in this Form 4 filing.
Backblaze, Inc. director D An Evelyn received a grant of 19,306 shares of Class A Common Stock on May 26, 2026 as a stock award. The shares were granted at $0.00 per share as part of the company’s director compensation.
The award consists of restricted stock units, each representing the right to receive one share of Class A Common Stock. These RSUs vest when a service-based requirement is met on the earlier of the next Annual Meeting of Stockholders or the one-year anniversary of the grant, if continuous service is maintained. Following this grant, the director directly holds 118,307 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
D An Evelyn
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 19,306 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 118,307 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 19,306 shares
Grant price: $0.00 per share
Shares held after grant: 118,307 shares
3 metrics
RSU grant size
19,306 shares
Restricted stock units granted on May 26, 2026
Grant price
$0.00 per share
Price per share for the RSU stock award
Shares held after grant
118,307 shares
Director’s direct Class A Common Stock holdings following transaction
Key Terms
restricted stock units ("RSUs"), service-based vesting requirement, Annual Meeting of Stockholders
3 terms
restricted stock units ("RSUs") financial
"the Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
service-based vesting requirement financial
"The RSUs are subject to a service-based vesting requirement, which shall be satisfied"
Annual Meeting of Stockholders financial
"shall be satisfied on the earlier of (A) the date of the Issuer's next Annual Meeting of Stockholders"
FAQ
What insider transaction did Backblaze (BLZE) report for director D An Evelyn?
Backblaze reported that director D An Evelyn received a grant of 19,306 shares of Class A Common Stock on May 26, 2026. The award was priced at $0.00 per share as part of the company’s director compensation program.
What type of equity award did Backblaze (BLZE) grant to its director?
The director received restricted stock units (RSUs), each representing a contingent right to one share of Class A Common Stock. These RSUs are granted under Backblaze’s Director Compensation Policy and provide equity-based compensation instead of a cash purchase.
How do the Backblaze (BLZE) RSUs granted to D An Evelyn vest?
The RSUs vest when a service-based condition is met on the earlier of the next Annual Meeting of Stockholders or the one-year anniversary of the grant. Vesting requires that the director remain in continuous service through the applicable vesting date.