Braze amends Astha Malik's three planned stock sales

The weighted-average prices reflected transactions within ranges of $28.73–$29.22, $29.73–$30.72 and $30.73–$30.79 per share.

This filing corrects an earlier one, and you can read the original Form 4 if you want to see what changed.

Rhea-AI Filing Summary

Braze, Inc. Chief Business Officer Astha Malik reported three direct sales of Class A common stock on August 19, 2026: 7,794 shares at a weighted average price of $28.74, 7,530 at $30.36, and 400 at $30.75 per share. The sales were made under a Rule 10b5-1 trading plan adopted on April 15, 2026. After the final transaction, Malik beneficially owned 242,032 shares; 230,930 of the post-transaction shares were represented by restricted stock units and performance-based restricted stock units.

Insider Trade Summary 10b5-1

Net Seller: 15,724 shares

Net Sell 3 txns

Insider Malik Astha

Role Chief Business Officer

Sold 15,724 shs ($465K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2, F3, F4	7,794	$28.74	$224K
Sale	Class A Common Stock F1, F5, F3, F4	7,530	$30.36	$229K
Sale	Class A Common Stock F1, F6, F3, F4	400	$30.75	$12K

Holdings After Transaction: Class A Common Stock — 242,032 shares (Direct)

Footnotes (6)

1. F1. Shares were sold pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2026.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.73 to $29.22 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. F3. Of the reported shares, 230,930 shares are represented by restricted stock units and performance-based restricted stock units.
4. F4. On August 21, 2026 the Reporting Person filed a Form 4 that inadvertently reported that 326,233 shares of Class A Common Stock were beneficially owned by the Reporting Person following the final transaction reported therein, which carried forward the overstatement in the Form 4 filed on August 19, 2026. In fact, as reported in this amendment, the Reporting Person beneficially owned 242,032 shares of Class A Common Stock following that transaction. The Form 4 filed on August 19, 2026 is also being amended to correct the overstatement.
5. F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.73 to $30.72 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
6. F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.73 to $30.79 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Key Figures

Shares sold, first reported sale: 7,794 shares Shares sold, second reported sale: 7,530 shares Shares sold, third reported sale: 400 shares +2 more

5 metrics

Shares sold, first reported sale 7,794 shares August 19, 2026; weighted average price: $28.74 per share

Shares sold, second reported sale 7,530 shares August 19, 2026; weighted average price: $30.36 per share

Shares sold, third reported sale 400 shares August 19, 2026; weighted average price: $30.75 per share

Beneficially owned after final reported transaction 242,032 shares Post-transaction position stated in the amendment

Shares represented by restricted stock units and performance-based restricted stock units 230,930 shares Included in the reported post-transaction shares

Key Terms

Rule 10b5-1 trading plan, weighted average price, restricted stock units, performance-based restricted stock units, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"sold pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2026"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

restricted stock units financial

"230,930 shares are represented by 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.

performance-based restricted stock units financial

"performance-based restricted stock units"

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

beneficially owned financial

"beneficially owned 242,032 shares of Class A Common Stock"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BRZE shares did Astha Malik sell, and at what prices?

Astha Malik reported three direct sales of Braze (BRZE) Class A common stock on August 19, 2026: 7,794 shares at a weighted average price of $28.74, 7,530 shares at $30.36, and 400 shares at $30.75 per share.

What price ranges applied to Astha Malik’s BRZE stock sales?

The 7,794-share sale involved multiple transactions at prices from $28.73 to $29.22 inclusive. The 7,530-share sale ranged from $29.73 to $30.72 inclusive, and the 400-share sale ranged from $30.73 to $30.79 inclusive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/22/2026 - 05:16 PM EDT Accepted by SEC EDGAR 10/22/2026 - 05:15 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Malik Astha

(Last) (First) (Middle)

C/O BRAZE, INC., 63 MADISON BUILDING

28 E. 28TH ST., FLOOR 12 MAILROOM

(Street)

NEW YORK NEW YORK 10016

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Braze, Inc. [ BRZE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Business Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
08/21/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/19/2026		S(1)		7,794	D	$28.74(2)	249,962(3)(4)	D
Class A Common Stock	08/19/2026		S(1)		7,530	D	$30.36(5)	242,432(3)(4)	D
Class A Common Stock	08/19/2026		S(1)		400	D	$30.75(6)	242,032(3)(4)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares were sold pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2026.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.73 to $29.22 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. Of the reported shares, 230,930 shares are represented by restricted stock units and performance-based restricted stock units.

4. On August 21, 2026 the Reporting Person filed a Form 4 that inadvertently reported that 326,233 shares of Class A Common Stock were beneficially owned by the Reporting Person following the final transaction reported therein, which carried forward the overstatement in the Form 4 filed on August 19, 2026. In fact, as reported in this amendment, the Reporting Person beneficially owned 242,032 shares of Class A Common Stock following that transaction. The Form 4 filed on August 19, 2026 is also being amended to correct the overstatement.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.73 to $30.72 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.73 to $30.79 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Elizabeth Sweeny, Attorney-in-Fact	10/22/2026
	** Signature of Reporting Person	Date
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)