Braze (NASDAQ: BRZE) officer details new and recent share sales
Rhea-AI Filing Summary
Braze, Inc. (BRZE) received a notice that officer Astha Malik plans to sell 15,724 shares of common stock of Braze under Rule 144, through Morgan Stanley Smith Barney. The notice also reports prior Rule 10b5-1 plan sales of Braze common stock by Malik during the past three months.
Positive
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Negative
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Key Figures
Shares proposed to be sold: 15,724 shares
Aggregate market value of proposed sale: $457,882.88
Shares outstanding: 112,631,669 shares
+2 more
5 metrics
Shares proposed to be sold
15,724 shares
Braze common stock under Rule 144 for the account of officer Astha Malik
Aggregate market value of proposed sale
$457,882.88
Estimated value of 15,724 Braze common shares in the planned Rule 144 transaction
Shares outstanding
112,631,669 shares
Braze common stock outstanding referenced in the securities information section
10b5-1 sale on 08/10/2026
33,656 shares for $930,607.34
Braze common stock sold for the account of Astha Malik in prior three months
10b5-1 sale on 07/15/2026
51,440 shares for $1,357,446.60
Braze common stock sold for the account of Astha Malik in prior three months
Key Terms
Rule 144, restricted stock units, performance stock units, 10b5-1
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
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 regulatory
"10b5-1 Sales for ASTHA MALIK 63 Madison Building"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
FAQ
What does the Form 144 filed for BRZE by Astha Malik disclose?
It discloses that Astha Malik, an officer of Braze, plans to sell 15,724 shares of Braze common stock under Rule 144, and lists additional Braze share sales made in the prior three months.
AI-generated analysis. How Rhea-AI works. Not financial advice.