Braze (BRZE) general counsel receives 34,560 performance-based PSUs
Rhea-AI Filing Summary
Braze, Inc. reported that General Counsel Susan Wiseman acquired 34,560 shares of Class A Common Stock through an earned performance-based restricted stock unit (PSU) award. The Compensation Committee certified that the pre-set performance goals were achieved on March 18, 2026. One-third of the PSUs will vest on May 15, 2026, with the remaining two-thirds vesting in eight equal quarterly installments over the following two years, subject to her continued service. Following this award, she holds 244,424 shares in total, including 103,517 shares represented by restricted stock units and PSUs.
Positive
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Negative
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Insights
Routine performance-based equity grant that increases alignment but is not thesis-changing.
General Counsel Susan Wiseman received 34,560 shares of Class A Common Stock via an earned performance-based restricted stock unit award. These PSUs were tied to pre-established performance goals, which the Compensation Committee certified as achieved on March 18, 2026.
The structure is strongly retention-focused: one-third vests on May 15, 2026, and the remaining two-thirds vest in eight equal quarterly installments over the next two years, all contingent on continued service. This makes the grant a standard long-term incentive rather than an open-market purchase.
After this grant, Wiseman’s total reported holdings rise to 244,424 shares, of which 103,517 are in restricted stock units and PSUs. This indicates a significant portion of her exposure remains unvested and performance or service based, but overall the filing reflects routine executive compensation practices.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 34,560 | $0.00 | -- |
Footnotes (1)
- Shares represent a performance-based restricted stock unit ("PSU") award earned based on the achievement of pre-established performance goals. The Compensation Committee certified the performance conditions were achieved on March 18, 2026. One-third of the PSUs will vest on May 15, 2026. The remaining two-thirds will then vest in eight equal quarterly installments over the following two years. The vesting of the PSUs are subject to the Reporting Person's continuous service through such vesting date. Of the reported shares, 103,517 shares are represented by restricted stock units and PSUs.