Braze CEO sells 26,413 shares for tax withholding
Braze, Inc. director and Chief Executive Officer William Magnuson reported an open-market sale of 26,413 shares of Class A common stock at $16.93 per share on February 18, 2026.
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Rhea-AI Filing Summary
Braze, Inc. director and Chief Executive Officer William Magnuson reported an open-market sale of 26,413 shares of Class A common stock at $16.93 per share on February 18, 2026. According to the filing, the transaction was carried out under a non-discretionary sell-to-cover program to satisfy tax withholding obligations from vesting restricted stock units. Following the sale, Magnuson directly held 4,491,098 shares, including restricted stock units, and indirectly held 470 shares through a limited liability company in which he is a member and shares voting and investment control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 26,413 | $16.93 | $447K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. This transaction was effected in accordance with a non-discretionary sell-to-cover program implemented by the Issuer, effective November 16, 2021 and last modified April 30, 2023, to satisfy tax withholding obligations arising in connection with the vesting of the Reporting Person's restricted stock units.
- F2. Of the reported shares, 327,318 shares are represented by restricted stock units.
- F3. The securities are held by a limited liability company in which the reporting person is a member. The reporting person shares voting and investment control of the shares and may be deemed to beneficially own the shares.
FAQ
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