Braze, Inc. (BRZE) officer lines up $311K Rule 144 stock sale
Rhea-AI Filing Summary
Braze, Inc. (BRZE) is named as the issuer in a notice that Jonathan Hyman, an officer, intends to sell 10,000 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC. The shares to be sold have an aggregate market value of $310,600.00, and Braze reports 112,631,669 shares of common stock outstanding. The securities were acquired upon the vesting of restricted stock units between 07/07/2020 and 10/11/2022. The notice also lists recent 10b5-1 plan sales of Braze common stock by Jonathan Hyman during July and August 2026 with specified share amounts and dollar values.
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Key Figures
Shares to be sold under Rule 144: 10,000 shares of common stock
Aggregate market value of planned sale: $310,600.00
Shares outstanding: 112,631,669 shares
+4 more
7 metrics
Shares to be sold under Rule 144
10,000 shares of common stock
Planned sale by Jonathan Hyman as reported in the notice
Aggregate market value of planned sale
$310,600.00
Value associated with the 10,000 shares to be sold
Shares outstanding
112,631,669 shares
Braze common stock outstanding as stated in the notice
10b5-1 sale on 08/13/2026
35,000 shares; $1,051,221.50
10b5-1 sale of Braze common stock by Jonathan Hyman
10b5-1 sale on 07/14/2026
31,296 shares; $801,759.82
10b5-1 sale of Braze common stock by Jonathan Hyman
10b5-1 sale on 08/10/2026
10,148 shares; $276,780.61
10b5-1 sale of Braze common stock by Jonathan Hyman
10b5-1 sale on 08/07/2026
17,895 shares; $483,662.48
10b5-1 sale of Braze common stock by Jonathan Hyman
Key Terms
Rule 144, restricted stock units, 10b5-1
3 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
"The securities to be sold were acquired upon the vesting of restricted stock units"
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.
10b5-1 regulatory
"10b5-1 Sales for JONATHAN HYMAN 63 Madison Building 28 East 28th Street"
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 filing indicate for Braze, Inc. (BRZE)?
It indicates that officer Jonathan Hyman has given notice of his intent to sell 10,000 shares of Braze common stock under Rule 144, with an indicated aggregate market value of $310,600.00, using Morgan Stanley Smith Barney LLC as broker.
What recent 10b5-1 plan sales of Braze (BRZE) stock are disclosed?
The notice lists multiple 10b5-1 sales by Jonathan Hyman, including 35,000 shares for $1,051,221.50 on 08/13/2026 and 31,296 shares for $801,759.82 on 07/14/2026, along with other dated transactions and amounts.
Which broker is handling the planned Braze (BRZE) Rule 144 sale?
The planned Rule 144 sale of 10,000 Braze common shares for Jonathan Hyman is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, NY.
AI-generated analysis. How Rhea-AI works. Not financial advice.