Braze Executive Shows Confidence with Latest Stock Purchase at $24.89
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wiseman Susan
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 585 | $24.89 | $15K |
Holdings After Transaction:
Class A Common Stock — 244,441 shares (Direct)
Footnotes (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). 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. Of the reported shares, 98,748 shares are represented by restricted stock units.
FAQ
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).