STOCK TITAN

Braze (BRZE) general counsel receives 34,560 performance-based PSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Wiseman Susan
Role General Counsel
Type Security Shares Price Value
Grant/Award Class A Common Stock 34,560 $0.00 --
Holdings After Transaction: Class A Common Stock — 244,424 shares (Direct)
Footnotes (1)
  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.
SEC Form 4
FORM 4UNITED 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).
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*
Wiseman Susan

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock03/18/2026A34,560(1)A$0244,424(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Of the reported shares, 103,517 shares are represented by restricted stock units and PSUs.
Remarks:
/s/ Nathan Jeffries, Attorney-in-Fact03/20/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Braze (BRZE) report in Susan Wiseman’s latest Form 4?

Braze reported that General Counsel Susan Wiseman acquired 34,560 shares of Class A Common Stock through an earned performance-based restricted stock unit award. This award followed certification that pre-established performance goals were achieved on March 18, 2026.

How do Susan Wiseman’s new PSUs at Braze (BRZE) vest?

The performance-based restricted stock units granted to Susan Wiseman vest over time. One-third vests on May 15, 2026, and the remaining two-thirds vest in eight equal quarterly installments over the following two years, subject to continued service.

Are Susan Wiseman’s Braze (BRZE) PSUs tied to performance goals?

Yes. The 34,560-share PSU award to Susan Wiseman was earned based on pre-established performance goals. The Compensation Committee certified that these performance conditions were achieved on March 18, 2026, triggering the award and its service-based vesting schedule.

What are Susan Wiseman’s total reported Braze (BRZE) share holdings after this grant?

After the PSU award, Susan Wiseman is reported to hold 244,424 shares of Braze Class A Common Stock. Of these, 103,517 shares are represented by restricted stock units and PSUs, reflecting a substantial component of equity-based compensation.

Does the Braze (BRZE) Form 4 show an open-market buy or a compensation grant?

The Form 4 reflects a grant/award acquisition, not an open-market purchase. 34,560 shares were acquired at a price of $0.00 per share as a performance-based restricted stock unit award tied to company goals and continued service.