Braze (NASDAQ: BRZE) insider plans 33,656-share sale and reports 10b5-1 trades
Rhea-AI Filing Summary
Braze Inc. is disclosing a planned sale of common stock by an affiliate. A Morgan Stanley Smith Barney LLC Executive Financial Services account lists 33,656 common shares to be sold, with an indicated value of $893,230.24 and a CUSIP of 112631669, for shares listed on NASDAQ.
The securities to be sold were acquired on November 15, 2025 as restricted stock units and performance stock units from the issuer. The filing also notes prior Rule 10b5-1 sales for Astha Malik of 51,440 common shares on July 15, 2026, for aggregate proceeds of $1,357,446.60.
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Key Figures
Planned shares to be sold: 33,656 shares
Indicated value of planned sale: $893,230.24
CUSIP: 112631669
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6 metrics
Planned shares to be sold
33,656 shares
Common stock listed for sale through Morgan Stanley Smith Barney LLC Executive Financial Services
Indicated value of planned sale
$893,230.24
Value associated with 33,656 Braze common shares in the Form 144
CUSIP
112631669
CUSIP for Braze common stock listed in the securities information
Acquisition date of equity awards
11/15/2025
Date restricted stock units and performance stock units were acquired from the issuer
10b5-1 shares sold
51,440 shares
Rule 10b5-1 sales for Astha Malik on 07/15/2026 over the past three months
Proceeds from 10b5-1 sales
$1,357,446.60
Aggregate proceeds from 51,440 Braze common shares sold on 07/15/2026
Key Terms
restricted stock units, performance stock units, 10b5-1 Sales, Executive Financial Services
4 terms
restricted stock units financial
"Restricted stock units and performance stock units | Issuer"
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.
performance stock units financial
"Restricted stock units and performance stock units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
10b5-1 Sales regulatory
"10b5-1 Sales for ASTHA MALIK 63 Madison Building"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock is being sold in the Braze (BRZE) Form 144 filing?
The filing covers planned sales of 33,656 shares of Braze common stock held through a Morgan Stanley Smith Barney LLC Executive Financial Services account, related to equity awards listed on NASDAQ.
What 10b5-1 plan activity is disclosed for Braze (BRZE)?
The filing reports Rule 10b5-1 sales for Astha Malik of 51,440 shares of Braze common stock on July 15, 2026, generating aggregate proceeds of $1,357,446.60 over the past three months.
Whose transactions are highlighted in the Braze (BRZE) Form 144?
The Form 144 references 10b5-1 sales for Astha Malik and includes a Morgan Stanley Smith Barney LLC Executive Financial Services account as the broker handling the planned Braze common stock sale.