Braze, Inc. (BRZE) CTO Jonathan Hyman sells 28K shares via 10b5-1 plan
Rhea-AI Filing Summary
Braze, Inc. Chief Technology Officer Jonathan Hyman reported open-market sales of Class A Common Stock. On August 7, 2026, he sold 17,895 shares at a weighted average price of $27.03 per share, with individual trade prices ranging from $27.00 to $27.11. On August 10, 2026, he sold 10,148 shares at a weighted average price of $27.27 per share, with individual trade prices ranging from $27.00 to $27.48. The transactions were made pursuant to a Rule 10b5-1 trading plan adopted on April 14, 2026. A footnote states that of the reported shares, 215,719 shares are represented by restricted stock units and performance-based restricted stock units. Additional Class A shares are held indirectly through a personal trust and a family trust, where Hyman shares voting and investment control and may be deemed to beneficially own the shares.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 28,043 shares
Net Sell
5 txns
Insider
Hyman Jonathan
Role
Chief Technology Officer
Sold
28,043 shs ($760K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F4, F3 | 10,148 | $27.27 | $277K |
| Sale | Class A Common Stock F1, F2, F3 | 17,895 | $27.03 | $484K |
| holding | Class A Common Stock F5 | -- | -- | -- |
| holding | Class A Common Stock F6 | -- | -- | -- |
| holding | Class A Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,255,416 shares (Direct);
Class A Common Stock — 600,000 shares (Indirect, See footnote)
Footnotes (6)
- F1. Shares were sold pursuant to a Rule 10b5-1 trading plan adopted on April 14, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.00 to $27.11 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. Of the reported shares, 215,719 shares are represented by restricted stock units and performance-based restricted stock units.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.00 to $27.48 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. 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.
- F6. 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 sold 2026-08-07: 17,895 shares
Price 2026-08-07: $27.03 per share
Shares sold 2026-08-10: 10,148 shares
+3 more
6 metrics
Shares sold 2026-08-07
17,895 shares
Open-market sale of Class A Common Stock at weighted average price
Price 2026-08-07
$27.03 per share
Weighted average sale price; trades ranged from $27.00 to $27.11
Shares sold 2026-08-10
10,148 shares
Open-market sale of Class A Common Stock at weighted average price
Price 2026-08-10
$27.27 per share
Weighted average sale price; trades ranged from $27.00 to $27.48
Total shares sold
28,043 shares
Aggregate of reported sales on August 7 and August 10, 2026
Equity awards noted
215,719 shares
Represented by restricted stock units and performance-based restricted stock units
Key Terms
Rule 10b5-1 trading plan, restricted stock units, performance-based restricted stock units, beneficially own, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"Shares were sold pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"215,719 shares are represented by restricted stock units and performance-"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What did Braze (BRZE) CTO Jonathan Hyman report in this Form 4?
Jonathan Hyman reported two sales of Braze Class A Common Stock totaling 28,043 shares on August 7 and 10, 2026, executed at weighted average prices around $27 per share.
What were the details of the Braze (BRZE) CTO’s August 10, 2026 stock sale?
On August 10, 2026, Jonathan Hyman sold 10,148 shares of Braze Class A Common Stock at a $27.27 weighted average price, with individual trades between $27.00 and $27.48 per share.
Were the Braze (BRZE) insider sales made under a Rule 10b5-1 plan?
Yes. A footnote states the reported sales were made pursuant to a Rule 10b5-1 trading plan adopted on April 14, 2026, indicating they followed a pre-arranged selling program.
What does the Form 4 say about Jonathan Hyman’s RSUs and PRSUs in Braze (BRZE)?
A footnote notes that, of the reported shares, 215,719 shares are represented by restricted stock units and performance-based restricted stock units, indicating a substantial equity-based compensation component.
AI-generated analysis. How Rhea-AI works. Not financial advice.
