RSU grant boosts Braze (BRZE) Chief Accounting Officer’s share holdings

Rhea-AI Filing Summary

Malik Pankaj reported acquisition or exercise transactions in this Form 4 filing.

Braze, Inc. reported that Chief Accounting Officer Pankaj Malik received a grant of 40,298 shares of Class A Common Stock in the form of restricted stock units. These RSUs vest in 16 equal quarterly installments starting on May 15, 2026, contingent on continued service, increasing his direct holdings to 90,977 shares, including 64,839 RSUs.

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

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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^*

Malik Pankaj

(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 Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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)

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	03/18/2026		A		40,298(1)	A	$0	90,977(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares represent a restricted stock unit ("RSU") award, which shall vest in 16 equal quarterly installments with the first vesting date being May 15, 2026. The vesting of the RSUs are subject to the Reporting Person's continuous service through such vesting date.

2. Of the reported shares, 64,839 shares are represented by restricted stock units

Remarks:

	/s/ Nathan Jeffries, Attorney-in-Fact	03/20/2026
	** 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)

FAQ

What insider transaction did Braze (BRZE) disclose for Pankaj Malik?

Braze reported that Chief Accounting Officer Pankaj Malik received a grant of 40,298 restricted stock units (RSUs) of Class A Common Stock. This is a compensation-related award, not an open-market purchase or sale, and was reported as an acquisition on a Form 4 filing.

How do Pankaj Malik’s RSUs at Braze (BRZE) vest over time?

The new Braze RSU award to Pankaj Malik vests in 16 equal quarterly installments. The first vesting date is May 15, 2026, and each installment requires his continuous service through the applicable vesting date to actually receive the underlying shares.

How many Braze (BRZE) shares does Pankaj Malik hold after this Form 4?

After the reported RSU grant, Chief Accounting Officer Pankaj Malik is shown holding 90,977 shares of Braze Class A Common Stock. Of these, 64,839 shares are represented by restricted stock units that will vest over time, subject to continued service.

Was the Braze (BRZE) Form 4 transaction a market buy or sell?

The Braze Form 4 for Pankaj Malik reflects a grant/award acquisition coded as “A,” not a market trade. He did not buy or sell shares in the open market; instead, he received restricted stock units as part of his compensation package.

What conditions apply to Pankaj Malik’s Braze (BRZE) RSU award?

The RSU award to Pankaj Malik is subject to a continuous service requirement. The 40,298 RSUs will vest in 16 quarterly installments beginning May 15, 2026, and any unvested units are typically forfeited if service ends before the relevant vesting date.

Does the Braze (BRZE) Form 4 show any derivative securities for Pankaj Malik?

This Form 4 focuses on non-derivative Class A Common Stock in the form of RSUs. The derivative section is empty, indicating no options or other derivative positions were newly reported in this particular filing beyond the restricted stock unit award described.