Braze Executive Shows Confidence as CFO Increases Stake in Company

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

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
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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^*

Winkles Isabelle

(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)
	Chief Financial Officer

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)	278,866(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, 216,023 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 BRZE shares did CFO Isabelle Winkles acquire in June 2025?

According to the Form 4 filing, CFO Isabelle Winkles acquired 585 shares of Braze's 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 June 2025 ESPP transaction?

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, as per the ESPP terms.

How many BRZE shares does CFO Isabelle Winkles own after the June 2025 transaction?

Following the reported transaction, Isabelle Winkles beneficially owns 278,866 shares of Braze Class A Common Stock, of which 216,023 shares are represented by restricted stock units (RSUs).

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.