STOCK TITAN

Braze Executive Shows Confidence with Latest Stock Purchase at $24.89

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

Rhea-AI Filing Summary

Braze General Counsel Susan Wiseman reported acquiring 585 shares of Class A Common Stock on June 16, 2025, through the company's 2021 Employee Stock Purchase Plan (ESPP). The shares were purchased at $24.89 per share, representing 85% of the fair market value on the purchase date, as per ESPP terms.

Following this transaction, Wiseman beneficially owns a total of 244,441 shares, of which 98,748 shares are represented by restricted stock units (RSUs). The transaction was executed under Rule 16b-3(c) exemption and corresponds to the ESPP purchase period from January 16, 2025, through June 16, 2025.

  • Transaction Type: ESPP Share Acquisition
  • Form Type: Form 4 (Insider Trading Activity)
  • Filing Status: Individual Filing
  • Transaction Exemption: Rule 16b-3(c)

Positive

  • None.

Negative

  • None.
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
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 NY 10016

(City) (State) (Zip)
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)
General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 06/16/2025 A(1) 585 A $24.89(2) 244,441(3) 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. The Reporting Person is voluntarily reporting the acquisition of shares of the Issuer's Class A common stock pursuant to the Issuer's 2021 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of January 16, 2025 through June 16, 2025. This transaction is exempt under Rule 16b-3(c).
2. In accordance with the terms of the ESPP, the price in Column 4 represents 85% of the fair market value of the Issuer's Class A common stock on the purchase date.
3. Of the reported shares, 98,748 shares are represented by restricted stock units.
Remarks:
/s/ Nathan Jeffries, Attorney-in-Fact 06/18/2025
** 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.

FAQ

How many shares of BRZE stock did General Counsel Susan Wiseman acquire on June 16, 2025?

Susan Wiseman acquired 585 shares of BRZE Class A Common Stock on June 16, 2025 through the company's Employee Stock Purchase Plan (ESPP).

What was the purchase price for BRZE shares in the ESPP transaction on June 16, 2025?

The shares were purchased at $24.89 per share, which represents 85% of the fair market value of Braze's Class A common stock on the purchase date, according to the ESPP terms.

How many BRZE shares does Susan Wiseman own in total after the June 2025 ESPP purchase?

Following the reported transaction, Susan Wiseman beneficially owns a total of 244,441 shares of BRZE, of which 98,748 shares are represented by restricted stock units (RSUs).

What type of insider trading form did BRZE's General Counsel file in June 2025?

Susan Wiseman filed a Form 4 to report the acquisition of BRZE shares through the company's Employee Stock Purchase Plan (ESPP) for the purchase period of January 16, 2025 through June 16, 2025. The transaction was exempt under Rule 16b-3(c).
Braze, Inc.

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