Braze (NASDAQ: BRZE) CRO has 4,376 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Braze, Inc. Chief Revenue Officer Edward M. McDonnell reported a tax-related share disposition. A total of 4,376 shares of Class A common stock were withheld at $20.87 per share to satisfy tax withholding obligations upon vesting of equity awards. After this withholding, he holds 532,332 shares directly, and a footnote states that 528,137 of these shares are represented by restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McDonnell Edward M.
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 4,376 | $20.87 | $91K |
Holdings After Transaction:
Class A Common Stock — 532,332 shares (Direct, null)
Footnotes (1)
- Represents shares withheld to satisfy the reporting person's tax withholding obligations upon vesting and settlement of the underlying equity awards. Of the reported shares, 528,137 shares are represented by restricted stock units.
Key Figures
Tax-withheld shares: 4,376 shares
Withholding share value: $20.87/share
Shares after transaction: 532,332 shares
+1 more
4 metrics
Tax-withheld shares
4,376 shares
Shares withheld for tax obligations on <date>May 15, 2026</date>
Withholding share value
$20.87/share
Valuation of withheld Class A shares
Shares after transaction
532,332 shares
Direct Class A holdings following tax withholding
RSUs represented
528,137 shares
Reported shares represented by restricted stock units
Key Terms
tax withholding obligations, restricted stock units, Class A Common Stock, tax-withholding disposition
4 terms
tax withholding obligations financial
"Represents shares withheld to satisfy the reporting person's tax withholding obligations upon vesting"
restricted stock units financial
"Of the reported shares, 528,137 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.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Braze (BRZE) disclose for Edward M. McDonnell?
Braze’s Chief Revenue Officer reported a tax-withholding transaction involving 4,376 Class A shares. These shares were withheld by the company to cover tax obligations triggered by the vesting of equity awards, rather than sold in an open-market transaction.
Does the Braze (BRZE) Form 4 indicate an open-market sale by the CRO?
The Form 4 does not show an open-market sale by the Chief Revenue Officer. Instead, it records an F-code tax-withholding disposition, where shares are withheld by Braze to satisfy tax liabilities created when the executive’s equity awards vested and settled.
What does the Braze (BRZE) Form 4 say about restricted stock units held by the CRO?
A footnote explains that 528,137 of the reported shares are represented by restricted stock units. These RSUs are equity awards that typically convert into shares as they vest, forming a significant portion of the executive’s reported Braze equity position.