STOCK TITAN

Backblaze (BLZE) director awarded 19,306 RSUs in stock compensation grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Carter Miller Jocelyn reported acquisition or exercise transactions in this Form 4 filing.

Backblaze, Inc. director Jocelyn Carter Miller reported a compensation-related equity award. She received 19,306 shares of Class A Common Stock in the form of restricted stock units (RSUs) at a reported price of $0.00 per share, reflecting a grant rather than a market purchase.

The RSUs vest after a service-based vesting requirement is met, which occurs on the earlier of the company’s next Annual Meeting of Stockholders or the one-year anniversary of the grant date, as long as she remains in continuous service. Following this grant, she directly holds 122,862 shares of Class A Common Stock. This filing reflects routine director compensation rather than an open-market trade.

Positive

  • None.

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Insider Carter Miller Jocelyn
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 19,306 $0.00 --
Holdings After Transaction: Class A Common Stock — 122,862 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 19,306 shares Restricted stock units of Class A Common Stock granted to director
Grant price $0.00 per share Reported transaction price per share for RSU award
Post-transaction holdings 122,862 shares Total Class A Common Stock directly held after grant
Vesting trigger Next annual meeting or one-year anniversary Service-based vesting condition for RSUs
Transaction code A (Grant, award, or other acquisition) Indicates compensation-related share acquisition
restricted stock units financial
"the Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
service-based vesting requirement financial
"The RSUs are subject to a service-based vesting requirement, which shall be satisfied"
Annual Meeting of Stockholders financial
"satisfied on the earlier of (A) the date of the Issuer's next Annual Meeting of Stockholders"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Carter Miller Jocelyn

(Last)(First)(Middle)
2261 MARKET STREET STE 81006

(Street)
SAN FRANCISCO CALIFORNIA 94114

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Backblaze, Inc. [ BLZE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock05/26/2026A19,306(1)A$0122,862D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Pursuant to the Issuer's Director Compensation Policy, the Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied on the earlier of (A) the date of the Issuer's next Annual Meeting of Stockholders, or (B) the one-year anniversary of the date of grant, provided that the Reporting Person remains in continuous service through such vesting date.
Remarks:
/s/ Evangeline Cheung, Attorney-in-Fact06/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Backblaze (BLZE) director Jocelyn Carter Miller report in this Form 4?

Jocelyn Carter Miller reported a grant of 19,306 restricted stock units (RSUs) of Backblaze Class A Common Stock. The award is part of director compensation and does not involve an open-market stock purchase or sale.

How many Backblaze (BLZE) shares were granted to the director and at what price?

The director was granted 19,306 RSUs representing 19,306 shares of Backblaze Class A Common Stock at a reported price of $0.00 per share. This indicates a compensation grant, not a cash purchase in the market.

What are the vesting terms of the Backblaze (BLZE) RSUs granted to the director?

The RSUs vest when a service-based requirement is met, on the earlier of Backblaze’s next Annual Meeting of Stockholders or the one-year anniversary of the grant date, provided the director remains in continuous service through the vesting date.

How many Backblaze (BLZE) shares does Jocelyn Carter Miller hold after this transaction?

After the RSU grant, Jocelyn Carter Miller directly holds 122,862 shares of Backblaze Class A Common Stock. This total includes the newly granted RSUs, reflecting her updated post-grant share position as reported in the Form 4.

Does this Backblaze (BLZE) Form 4 reflect a stock purchase or sale by the director?

No, the Form 4 reflects a grant of 19,306 RSUs to the director as compensation. The transaction is coded as an award acquisition, not an open-market buy or sell of Backblaze shares.