Braze Executive Shows Confidence as CFO Increases Stake in Company
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Braze CFO Isabelle Winkles reported the acquisition of 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, Winkles beneficially owns a total of 278,866 shares, of which 216,023 shares are represented by restricted stock units (RSUs). The transaction was exempt under Rule 16b-3(c) and was executed during the ESPP purchase period from January 16, 2025, through June 16, 2025.
- Transaction Type: ESPP Share Acquisition
- Form Type: Form 4 (Statement of Changes in Beneficial Ownership)
- Filing Status: Individual Filing
- Transaction is compliant with Rule 10b5-1(c) requirements
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Winkles Isabelle
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 585 | $24.89 | $15K |
Holdings After Transaction:
Class A Common Stock — 278,866 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, 216,023 shares are represented by restricted stock units.
FAQ
What was the ESPP purchase period for BRZE's June 2025 stock acquisition?
The ESPP purchase period was from January 16, 2025 through June 16, 2025, as disclosed in the Form 4 filing's explanatory notes.
Is Isabelle Winkles considered an insider at BRZE?
Yes, Isabelle Winkles is an insider at Braze, Inc. serving as the Chief Financial Officer (CFO) of the company, as indicated in the Form 4 filing under the relationship to issuer section.