Braze (BRZE) CTO withholds 15.8K shares for tax, keeps 1.2M
Rhea-AI Filing Summary
Braze, Inc. (BRZE) reported that Chief Technology Officer Jonathan Hyman had 15,784 shares of Class A common stock withheld on 2026-08-17 to satisfy tax withholding obligations upon vesting of equity awards at $28.93 per share. Following this tax-withholding disposition, he directly holds 1,204,632 shares, of which 225,596 shares are in the form of restricted stock units and performance-based restricted stock units. Additional Braze shares are held indirectly through a personal trust and a family trust, where he shares voting and investment control and may be deemed to beneficially own the shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,784 shares
Net Sell
4 txns
Insider
Hyman Jonathan
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 15,784 | $28.93 | $457K |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,204,632 shares (Direct);
Class A Common Stock — 600,000 shares (Indirect, See footnote)
Footnotes (4)
- F1. Represents shares withheld to satisfy the reporting person's tax withholding obligations upon vesting and settlement of the underlying equity awards.
- F2. Of the reported shares, 225,596 shares are represented by restricted stock units and performance-based restricted stock units.
- F3. The securities are held by a personal trust. The Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares.
- F4. The securities are held by a family trust. The Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares.
Key Figures
Shares withheld for taxes: 15,784 shares
Tax-withholding price: $28.93 per share
Direct holdings after transaction: 1,204,632 shares
+2 more
5 metrics
Shares withheld for taxes
15,784 shares
Shares of Braze Class A common stock withheld on 2026-08-17 to satisfy tax withholding obligations
Tax-withholding price
$28.93 per share
Per-share value used for the 15,784 shares withheld for tax obligations
Direct holdings after transaction
1,204,632 shares
Braze Class A common stock directly owned by Jonathan Hyman following the tax-withholding disposition
RSUs and performance-based RSUs
225,596 shares
Portion of Hyman’s direct holdings represented by restricted stock units and performance-based restricted stock units
Code F transaction shares
15,784 shares
Shares delivered or withheld for payment of tax liability upon vesting and settlement of equity awards
Key Terms
restricted stock units, performance-based restricted stock units, beneficially own, personal trust, +1 more
5 terms
restricted stock units financial
"225,596 shares are represented by restricted stock units and performance-based restricted"
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
"represented by restricted stock units and 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 own financial
"may be deemed to beneficially own the shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
personal trust financial
"The securities are held by a personal trust"
family trust financial
"The securities are held by a family trust"
FAQ
What did Braze (BRZE) disclose about Jonathan Hyman’s latest Form 4 transaction?
Jonathan Hyman had 15,784 Braze (BRZE) shares withheld on 2026-08-17 to cover tax obligations from vesting equity awards. This was a tax-withholding disposition, not an open-market sale, and relates to previously granted stock-based compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
